Now playing Next Money Bitcoin plunges to 2-year low as FTX collapse piles on the pressure FTX’s new CEO John J. Ray III is looking to sell or restructure Sam Bankman-Fried’s fallen crypto empire. 22/11/2022
Now playing Next Money Bitcoin drops as Binance ditches FTX bailout. Is this a crypto crisis? Euronews explains how a new crypto crisis may have engulfed crypto kid Sam Bankman-Fried’s FTX. 09/11/2022
Now playing Next Money France, Switzerland and Singapore test cross-border CBDC payments Their central banks are trialling DeFi protocols to automate foreign exchange markets. Should the crypto industry worry? 03/11/2022
Now playing Next Money Norway’s digital currency experiment: What is it and how does it work? Norway’s central bank tells Euronews Next more about its experiment with a national digital currency. 04/10/2022
Now playing Next Money UK financial watchdog warns users against crypto exchange FTX "This firm is not authorised by us and is targeting people in the UK," the Financial Conduct Authority said in a statement. 19/09/2022
Now playing Next Money Is crypto’s Do Kwon on the run from authorities? The wanted Terra developer is reportedly trying to evade South Korean authorities, but he denies being on the run. 19/09/2022
Now playing Next Money The Ethereum 'Merge' has happened: here's what's changing Ethereum’s switch could cut the platform's carbon emissions by 99 per cent and cause regulators to put more pressure on energy-hungry Bitcoin mining. 15/09/2022
Now playing Next Money Why 'Bitcoin City' hasn't taken off in El Salvador A major part of the problem is that the drop in the value of Bitcoin and other cryptocurrencies has alienated investors. 07/09/2022
Now playing Next Money Could Australia clamp down on cryptos? Regulators hope so Nearly half of Australian retail investors owned cryptocurrency in late 2021 and more got their information from YouTube videos than from financial advisers. 11/08/2022
Now playing Next Money Another major crypto hack in US raises questions over DeFi security It is not the first time such a heist has happened as hackers exploit the vulnerability of bridges. 24/06/2022
Now playing Next Money Crypto market anxious as Bitcoin drops below $20,000 "It feels very like 2008 to me in terms of how there could be a domino effect of bankruptcies and liquidations," one analyst said. 20/06/2022
Now playing Next Money PayPal has a new crypto transfer tool PayPal customers in the US can also send crypto to other PayPal users in seconds with no fees or network charges. 09/06/2022
Now playing Next Money ‘Crypto winter’ may already be here. Here’s what it means Cryptocurrencies are known for their volatility but cryptos have lately been hit especially hard. 03/06/2022
Now playing Next Money Taming crypto: Regulators eye stablecoin safeguards and capital rules After the collapse of the Terra stablecoin, financial watchdogs are looking for ways to limit the risks posed by crypto to the wider financial system. 01/06/2022
Now playing Next Money Russia bets on digital ruble to fend off Western sanctions Moscow said it should be able to make international payments with the digital ruble by next year. 26/05/2022
Now playing Next Money Terra Luna crash: What are stablecoins and how stable are they really? The collapse of TerraUSD has led to billions of dollars being wiped off the cryptocurrency market - and raised serious questions about how stable stablecoins really are. 25/05/2022
Now playing Next Money Russia says legalising crypto for payments is a matter of time "The question is, when this happens, how it will be regulated, now that the central bank and government are actively working on it," said Russia's industry and trade minister. 19/05/2022
Now playing Next Money FTX's chief says Bitcoin has no future as a payments network: FT FTX Founder and Chief Executive Sam Bankman-Fried said Bitcoin may still have a future as "an asset, a commodity and a store of value" like gold. 16/05/2022
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