Amazon denies media report of accepting Bitcoin as payment
WASHINGTON DC, USA: Amazon.com Inc has denied a media report saying the e-commerce giant is looking to accept Bitcoin payments by the end of the...
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UK financial regulator bans crypto exchange
LONDON, UK: Britain’s financial regulator has said Binance, one of the world’s largest cryptocurrency exchanges, cannot conduct any regulated activity and issued a warning to...
Demand growth: oil climbs to highest since 2018
WASHINGTON DC, USA: Oil prices climbed to their highest since October 2018 on Friday, putting both benchmarks up for a fifth week in a row...
Over 1,100 people arrested as China bust crypto-related money laundering gang
BEIJING, China: Police in China arrested over 1,100 people suspected of using cryptocurrencies to launder illegal proceeds from telephone and Internet scams in a recent...
Bitcoin slips as China blocks cryptocurrency-related social media accounts amid crackdown
BEIJING, China: China has stepped up its crackdown on bitcoin trading and mining, blocking a slew of cryptocurrency-related accounts on the Twitter-like Weibo platform over...
Bitcoin’s eases volatility after setback
NEW YORK, USA: Bitcoin has started recovering after a volatile week. The trend has been taken by some as a tentative sign the fragile digital...
Iran bans cryptocurrency mining for four months amid widespread power cuts
TEHRAN, Iran: Iran has banned all cryptocurrency mining for the next four months as widespread power outages stir public dissatisfaction across the country. President Hassan...
Bitcoin, ether start to recover after China’s crackdown on cryptocurrencies
BEIJING, China: After falling below $32,000 amid the weekend sell-off, bitcoin rebounded to trade at $38,045 as of 11:36 am ET, setting a positive trend...
First Turkey-China freight train reaches destination in historic trip
ANKARA, Turkey: In a major milestone, the first train carrying goods from Turkey to China reached its destination on Saturday, Turkey’s transport and infrastructure minister...
Australia to launch WTO appeal over trade row with China
CANBERRA, Australia: Australia is all set to launch a formal appeal to the World Trade Organisation (WTO) on Wednesday seeking a review of China’s decision...