Cryptocurrency's viability as an investment may not be in its value as an asset but in the way the financial world is evolving because of it.
A senior Finance Ministry official told a newspaper that taxation does not necessarily imply legality.
The city will seek a vendor to help City Hall pay all or part of its employees' salaries in bitcoin. Residents would also have the option of using cryptocurrency to pay for city services.
Some Nigerians plan to continue using bitcoin (BTC) and other cryptocurrencies despite a directive issued by the Central Bank of Nigeria (CBN) last week ordering banks to close down accounts associated with cryptocurrencies.
Donald Trump may have been anti-crypto but his appointed regulators ushered in a largely industry-friendly regime.
Volume on eight trusted exchanges used by CoinDesk hit $239.98 billion in Q4 2020, up from $90.08 billion in the prior quarter.
An Evercore analyst named PayPal as the top payments stock and said its recently launched cryptocurrency offering could boost margin.
Psychology and selling pressures have kept bitcoin's price below $20,000.
Growing investor interest, central bank money printing and PayPal's entree helped push bitcoin prices above their previous December 2017 record.
The South Korea-based exchange has announced a 24-hour cryptocurrency withdrawal delay in an effort to protect user accounts from malicious attacks.
All eligible PayPal accountholders in the U.S. can now buy, hold and sell cryptocurrency, the company announced Thursday.
Chair of the Prop. 24 advisory board and crypto advocate, Andrew Yang, thinks it could set a new bar for data privacy rights across the U.S.
The statement is in keeping with economists' expectations for the U.S. central bank to take no new monetary policy actions.
The New York Department of Financial Services license allows PayPal to offer cryptocurrency buying and selling through a partnership with Paxos.
Panxora, a cryptocurrency hedge fund manager, seeks $50 million to buy digital tokens associated with decentralized finance, known as DeFi.