Cryptocurrency
CBE to ban issuance of cryptocurrency without licenses
Business
May 28, 2019
CBE to ban issuance of cryptocurrency without licenses
The new banking law for the Central Bank of Egypt (CBE) bans creating, promoting or operating platforms for issuing or…
Bitcoin frenzy settles down as big players muscle into market
Business
April 28, 2018
Bitcoin frenzy settles down as big players muscle into market
After bouncing up, falling down and keeping investors on the edges of their seats, bitcoin may be maturing into a…
Iran bans banks from using cryptocurrencies
Middle East
April 23, 2018
Iran bans banks from using cryptocurrencies
Iran banned the use of bitcoin and other cryptocurrencies by banks and financial institutions on Monday amid ongoing debate over…
Telecom Egypt covertly redirecting internet users to crypto mining sites: report
Technology
March 10, 2018
Telecom Egypt covertly redirecting internet users to crypto mining sites: report
Government-owned Telecom Egypt has allegedly been redirecting internet users to crypto mining sites, or displaying ads to secretly gain money,…
Japan raps Coincheck, orders broader checks after $530 million cryptocurrency theft
World
January 29, 2018
Japan raps Coincheck, orders broader checks after $530 million cryptocurrency theft
Japan’s financial regulator said on Monday it would inspect all cryptocurrency exchanges and ordered Coincheck to get its act together…
Bitcoin value continues to fall after several countries warn against it
Economy
January 17, 2018
Bitcoin value continues to fall after several countries warn against it
The electronic currency Bitcoin continued on Wednesday to fall, completing a 24-hour downward spiral, with about 7 percent of its…
South Korea plans to ban cryptocurrency trading, rattles market
World
January 11, 2018
South Korea plans to ban cryptocurrency trading, rattles market
South Korea’s government said on Thursday it plans to ban cryptocurrency trading, sending bitcoin prices plummeting and throwing the virtual…
CBE warns against Bitcoin transactions
Egypt
January 10, 2018
CBE warns against Bitcoin transactions
The Central Bank of Egypt (CBE) warned against using virtual currencies, namely Bitcoin, due to the high risks involved, describing…
Bitcoin hits new record high as warnings grow
World
December 15, 2017
Bitcoin hits new record high as warnings grow
Bitcoin blasted to another all-time high of just over $17,750 on Friday, up 8 percent on the day, as concerns…
Bitcoin blasts to new all-time high of $6,450
Business
November 1, 2017
Bitcoin blasts to new all-time high of $6,450
Bitcoin climbed to a new all-time high of $6,450 on Wednesday, boosted by bets the cryptocurrency could enter the financial…