Jun 18 Bitcoin falls below $20,000 as crypto selloff picks up By Associated Press Bitcoin, the most popular cryptocurrency, fell below the psychologically important threshold, dropping as much as 9% to less than $19,000, according to CoinDesk. Continue reading
Jun 13 Bitcoin prices plunge as major crypto lender halts operations By Ken Sweet, Associated Press The price of bitcoin and other cryptocurrencies are falling Monday, after the major crypto lender Celsius halted all withdrawals citing "extreme market conditions."… Continue reading
Jun 07 Cryptocurrency meltdown is wake-up call for many, including Congress By Ken Sweet, Associated Press Meltdowns in the cryptocurrency space are common, but the latest one has served as a vivid reminder that investors, both professionals and rookies, can be rolling the dice when putting money into digital assets. Continue reading
Jun 05 Digital currencies flow into political campaigns, but state regulations vary widely By Andrew Selsky, Steve LeBlanc, Associated Press Some states have banned cryptocurrency donations amid concerns donors could hide their identities. Others have followed federal rules for congressional candidates and specifically allowed the donations with disclosure requirements and contribution caps… Continue reading
Jun 03 Landmark bill to limit energy-intensive cryptomining passes New York Legislature By Michael Hill, Associated Press The New York Legislature has approved a milestone environmental measure designed to tap the brakes on the spread of cryptocurrency mining operations that burn fossil fuels. Continue reading
May 26 WATCH: U.S. backed digital currency could live alongside certain cryptocurrencies By News Desk The House Financial Services Committee holds a hearing Thursday on the future of digital currency. Continue reading
May 13 Wild week in crypto ends as Bitcoin and stablecoin tumble By Matt Ott, Ken Sweet, Associated Press It's been a wild week in crypto, even by crypto standards. Bitcoin tumbled, stablecoins were anything but stable and one of the crypto industry's highest-profile companies lost a third of its market value. Continue reading
May 12 WATCH: Yellen calls for new regulations amid Crypto decline By Fatima Hussein, Associated Press Treasury Secretary Janet Yellen, responding to the recent sharp decline in cryptocurrencies, says additional federal regulation is needed to respond to the wave of speculative investment in the currency whose secrecy is an essential part of its appeal. Continue reading
Apr 08 Watch 8:48 Conventional economists sound alarm over cryptocurrency’s volatility By Paul Solman, Lee Koromvokis There are now thousands of cryptocurrencies, and every day it seems a new non-fungible token, or NFT, is marketed. But is “digital mania” just another historic bubble bound to burst? Our economics correspondent Paul Solman explores the digital asset boom. Continue watching
Apr 07 Treasury Secretary Yellen calls for cryptocurrency regulation to reduce risk, fraud By Fatima Hussein, Associated Press Treasury Secretary Janet Yellen says more government regulation is needed to police the proliferation of cryptocurrency and other digital assets and to ward off fraudulent and illicit transactions. Continue reading