Cryptocurrency has become a global phenomenon in recent years. More mainstream financial institutions are now embracing crypto assets, while two countries have adopted Bitcoin as legal tender. But there are many concerns around the technology and its capacity to disrupt traditional financial systems, even as Russia's war in Ukraine has highlighted its potential as a geopolitical tool. Sean Lee, senior advisor at the Crypto Council for Innovation joins Kate Moody to talk about the future of cryptocurrencies.
The US Justice Department announced its "largest financial seizure ever" and the arrest of a New York couple for allegedly laundering money stolen through a 2016 hacking.
The price of Bitcoin dipped in early trading on Wednesday, after the US Justice Department announced it had arrested two people and seized Bitcoin worth $3.6 billion that was stolen from the exchange Bitfinex in 2016. The investigation is being closely watched by players in the cryptocurrency sector as to how investigators are tracking criminal activity involving the tokens. Also today, we report on protests in Argentina against the latest agreement with the International Monetary Fund.
20 Dec 2021
Narendra Modi, India’s Prime Minister, has warned younger generations about the threat Bitcoin poses. In his keynote address at The Sydney Dialogue, hosted by the Australian Strategic Policy Institute, Modi spoke on the technology development India has experienced and how it could help guide the safety of cryptocurrency.
12 Dec 2021
PM Narendra Modi has framed cryptocurrencies as a domain that needs to be closely policed, warning they present a risk to young people. DW talked to economist Eswar Prasad about how Modi could regulate the sector.
28 Jun 2021
What's up with Bitcoin? It's down, dropping to its lowest level since January after China announced a crackdown on cryptocurrency mining. Is it, as stated, about going green and cooling it in the nation that's home to an estimated two-thirds of the energy-sucking giant computer servers that create virtual currencies? Or is it about reining in a cottage industry that is out of not only Beijing's control, but that of central banks and regulators the world over?
4 May 2021
The second-largest cryptocurrency has quadrupled in value this year. Some believe Ether will eventually unseat Bitcoin as the world's top cryptocurrency.
19 Apr 2021
With Venezuela's official currency plummeting for years, both the government and cryptocreators are trying to stem the rot with digital tokens. For ordinary Venezuelans, the cryptoboom also means regaining freedom.
15 Apr 2021
The biggest US virtual currency exchange will be listed, following record Bitcoin highs. The listing marks a turning point for cryptocurrency, once considered an obscure investment prospect.
14 Apr 2021
Shares in the cryptocurrency exchange Coinbase start trading on Wall Street this Wednesday, with the company expected to be valued at around $65 billion. Its value has more than tripled in three years, boosted by the trading frenzy around Bitcoin. It will be the largest company in this sector to have gone public to date. Also today, we look at French government efforts to encourage employers to hire their temporary staff for the summer tourist season, despite ongoing coronavirus restrictions which have kept many restaurants closed.
12 Feb 2021
Cryptocurrencies like Bitcoin and Ether were becoming increasingly popular in Nigeria. Some businesses and individuals are turning to it for cross-border payments and trades, thereby bypassing hurdles of scarce FX. As the prohibition on crypto accounts takes effect, GuardianTV explains what you should know about CBN's cryptocurrency bank account ban
9 Feb 2021
News that electric carmaker Tesla has bought $1.5 billion worth of Bitcoin, and that it will start accepting payments in the cryptocurrency, sent its price to record highs. Bitcoin was trading over $47,000 early on Tuesday, according to the website Coindesk.