cryptocurrency

Google's headquarters in Mountain View, Calif. The company announced new restrictions Wednesday on advertisements for financial products.

Google Follows Facebook In Banning Cryptocurrency Ads

3:24pm March 14, 2018

by Ian Wren

The search giant also announced new restrictions on advertisements for other financial products. The ban on cryptocurrency-related ads follows a similar move by advertising competitor Facebook.

The Securities and Exchange Commission is investigating initial coin offerings by cryptocurrency companies.

SEC Investigates Cryptocurrency Offerings

7:09pm March 01, 2018

by Ian Wren

The Securities and Exchange Commission has sent dozens of subpoenas in recent months to cryptocurrency companies that promote "initial coin offerings."

World News

Iran May Follow Venezuela In Launching Its Own Cryptocurrency

8:51pm February 22, 2018

by Ian Wren

The move, announced by a government official in a tweet on Wednesday, raised fears of rogue states using virtual currencies to evade sanctions.

World News

$400 Million Missing In Hack Of Japanese Digital Currency Exchange

4:11pm January 26, 2018

by Ian Wren

Japanese cryptocurrency exchange Coincheck shut down trading Friday, after hackers stole hundreds of millions of dollars in digital currency. Financial regulators said they were looking into the loss.

The Securities and Exchange Commission is warning investors about the potential for volatility and fraud in new cryptocurrency products.

Amid Bitcoin Frenzy, SEC Warns Against Risky Cryptocurrency Products

2:35pm January 25, 2018

by Ian Wren

The Securities and Exchange Commission is worried about the rise of new ways to invest in digital currencies like bitcoin. Regulators warn of potential "fraud and manipulation" in proposed funds.

The Justice Department has charged Zoobia Shahnaz, 27, with bank fraud and money laundering. She allegedly converted money from credit cards into cryptocurrencies including bitcoin and transferred it abroad in support of ISIS.

Long Island Woman Charged With Using Bitcoin To Launder Money To Support ISIS

4:45pm December 15, 2017

by Laurel Wamsley

Zoobia Shahnaz, 27, allegedly bought more than $60,000 in cryptocurrency, got a $22,000 loan and then transferred the money abroad. The Justice Department says she intended to join ISIS in Syria.

Faced with rocketing inflation and low oil prices, Venezuela has introduced new, larger banknotes this year. Now the country is planning a cryptocurrency tied to its oil reserves.

World News

Venezuela Will Create New 'Petro' Cryptocurrency, President Maduro Says

1:25pm December 04, 2017

by Bill Chappell

President Nicolás Maduro says Venezuela will use the "petro," backed by oil reserves and other natural resources, to defeat a financial blockade on his country.

Bitcoin prices have spiked since October — and the cryptocurrency is now closing in on $10,000, leading the way for digital currencies that have seen huge gains in 2017.

Economy

Bitcoin Soars Toward Another Benchmark: $10,000

1:00pm November 27, 2017

by Bill Chappell

In early October, a single bitcoin cost less than $5,000 on currency exchange sites. A year ago, one could be had for around $730.

Bitcoin medals represent the digital currency whose creator's identity has remained a mystery.

Economy

Where In The World Is Satoshi Nakamoto? The Latest In The Bitcoin Saga

3:25pm December 09, 2015

by Alina Selyukh

Reports in Wired and Gizmodo pull on various threads to say they may have finally unearthed the identity of the secretive bitcoin creator. The man has drawn attention from Australian tax authorities.