Latest Cryptocurrency News

Asia stocks rise after Fed chair says US inflation temporary

Jun. 22, 2021 23:36 PM EDT

BEIJING (AP) — Asian stock markets followed Wall Street higher on Wednesday after the Federal Reserve chairman said higher U.S. inflation probably is temporary, helping to calm fears central bankers might feel pressure to roll back economic stimulus. Market benchmarks...

Chinese banks promise to step up cryptocurrency ban

Jun. 21, 2021 07:49 AM EDT

BEIJING (AP) — China’s biggest banks promised Monday to refuse to help customers trade Bitcoin and other cryptocurrencies after the central bank said executives were told to step up enforcement of a government ban. Regulators appear to worry that despite the 2013 ban...

Cassill to be paid in cryptocurrency in deal with Voyager

Jun. 17, 2021 09:02 AM EDT

CHARLOTTE, N.C. (AP) — Landon Cassill will be the first NASCAR driver paid entirely in cryptocurrency in a sponsorship deal with Voyager that begins at Nashville Superspeedway this weekend. Voyager, a cryptocurrency brokerage platform, reached a 19-race deal to sponsor...

At El Salvador's Bitcoin Beach, a glimpse of crypto economy

Jun. 11, 2021 00:21 AM EDT

EL ZONTE, El Salvador (AP) — After El Salvador’s congress made the bitcoin legal tender this week, eyes turned to this rural fishing village on the Pacific coast. Known to surfers for its pounding waves, El Zonte has had the cryptocurrency in its economy for the past year. ...

El Salvador makes Bitcoin legal tender

Jun. 09, 2021 15:14 PM EDT

SAN SALVADOR, El Salvador (AP) — El Salvador’s Legislative Assembly has approved legislation making the cryptocurrency Bitcoin legal tender in the country, the first nation to do so, just days after President Nayib Bukele made the proposal at a Bitcoin conference. The...

Florida's largest county OKs plan after spike in gun deaths

Jun. 09, 2021 13:25 PM EDT

MIAMI (AP) — Florida's largest county is moving forward after a recent spike in shootings with a nearly $8 million plan to reduce gun violence, seeking to focus on jobs for troubled teens and added funding for law enforcement. Miami-Dade commissioners unanimously...

Asian shares mixed as China reports jump in inflation

Jun. 09, 2021 00:14 AM EDT

Asian shares were mixed on Wednesday after China reported a big jump in factory gate prices at a time when inflation is a top investor concern. Shares fell in Tokyo, Seoul and Sydney but rose in Shanghai and Hong Kong. China's producer price index,...

US recovers most of ransom paid after Colonial Pipeline hack

Jun. 07, 2021 19:59 PM EDT

WASHINGTON (AP) — The Justice Department has recovered most of a multimillion-dollar ransom payment made to hackers after a cyberattack that caused the operator of the nation's largest fuel pipeline to halt its operations last month, officials said Monday. The operation...

Law enforcement official: US officials have seized cryptocurrency payment that was made after Colonial Pipeline hack

Jun. 07, 2021 15:18 PM EDT
WASHINGTON (AP) — Law enforcement official: US officials have seized cryptocurrency payment that was made after Colonial Pipeline hack.

El Salvador president wants Bitcoin as legal tender

Jun. 06, 2021 23:13 PM EDT

SAN SALVADOR, El Salvador (AP) — El Salvador President Nayib Bukele announced in a recorded message played at a Bitcoin conference in Miami that next week he will send proposed legislation to the country's congress that would make the cryptocurrency legal tender in the Central American...