Now playing Next Money Bitcoin has just crashed below $27,000. Here are some reasons why The sell-off in the cryptocurrency world shows no sign of levelling off as Bitcoin fell to 2020 levels below the $27,000 threshold on Thursday. 12/05/2022
Now playing Next Money What do Coinbase's results mean for the future of the crypto exchange? The company said in the event of bankruptcy, crypto assets held by the exchange could be considered property of the bankruptcy proceedings. 11/05/2022
Now playing Next Money Does the crypto market crash pose a threat to the financial system? As Bitcoin and other digital currencies become more mainstream, what is the risk that a crypto selloff can shake traditional financial markets? 11/05/2022
Now playing Next Money How blockchain is playing a key role in the war in Ukraine The American and Austrian start-up Morpher launched a platform on Friday that allows investors to bet against Russian stocks. 06/05/2022
Now playing Next Money Crypto exchange Binance gets regulatory approval in France France is the first European Union country to register Binance, which is also seeking registration in Switzerland, Sweden, Spain, Netherlands, Portugal and Austria. 05/05/2022
Now playing Next Money Police in Spain arrest 8 over 'cult-like' crypto trading academy scam The organisation’s leaders have been accused of fraud, misleading advertising and running a pyramid scheme targeting young people. 29/04/2022
Now playing Next Money Central African Republic adopts Bitcoin as official currency The CAR "is the first country in Africa to adopt Bitcoin as legal tender," a presidential spokesman said. 27/04/2022
Now playing Next Money Crypto will go mainstream within 10 years, according to investors "Talking about survival of digital assets is firmly over - the question is now about evolution," says Julian Sawyer, CEO of Bitstamp. 27/04/2022
Now playing Next Money Will Ethereum's delayed merge keep it from overtaking Bitcoin? The number two crypto was meant to undergo an historic "merge" in June. Some said it would push Ethereum's value past Bitcoin. But it's late. 26/04/2022
Now playing Next Money Cryptocurrency miner becomes the latest target in Russian sanctions Officials are concerned that Russia may be using cryptocurrency to avoid pain from the avalanche of sanctions imposed on banks, oligarchs and the energy industry. 21/04/2022
Now playing Next Money Binance tries to woo France by building Web3 and blockchain start-ups The world’s biggest cryptocurrency exchange teams up with Station F in Paris to help build the Web3 and crypto leaders of the future. 13/04/2022
Now playing Next Money Could Bitcoin become a reserve currency? A stablecoin backed by Bitcoin reserves may "open a new monetary era of the Bitcoin standard", one expert said. 12/04/2022
Now playing Next Tech News Musk pushes Twitter Blue subscription service days after buying stake Of course, it's not the only controversial suggestion he made using the platform. 10/04/2022
Now playing Next Money EU targets crypto wallets in fresh round of sanctions against Russia The move comes amid concern that Russians could be using virtual currencies to get around Western sanctions. 08/04/2022
Now playing Next Money Meta to move into finance with 'Zuck bucks' and 'creator coins' Meta is reportedly working on Facebook NFTs and 'reputation tokens' but likely won't move into crypto. 07/04/2022
Now playing Next Germany Germany shuts down darknet platform used for drugs sales German prosecutors have seized the platform's servers and €23 million in bitcoin cryptocurrencies. 05/04/2022
Now playing Next Money The UK is minting its own NFT Britain's Royal Mint will produce the NFT as part of government plans to "get in on the ground floor" of crypto. 05/04/2022
Now playing Next Money Where in Europe is the most 'crypto curious' country in the world? Around 17% of people in Europe have taken to crypto, which is similar to other developed nations, but lags behind the global average of 23%. 04/04/2022
Now playing Next Money From Ronin to Mt.Gox: These are crypto's biggest hacks and heists This week, Ronin announced hackers had stolen $615 million. It's just one of a series of high-profile heists that have hit the cryptocurrency sector. 03/04/2022
Now playing Next Money EU lawmakers back new rules to trace crypto transfers Draft EU legislation aims to trace crypto transactions in the same way as traditional money transfers. The industry is not pleased. 31/03/2022