The steep sell-off in cryptocurrencies including Bitcoin does not pose broader risks to the financial system, St. Louis Federal Reserve president James Bullard said.
REUTERS: Ampere Computing Llc, founded by former Intel Corp President Renee James, said on Wednesday it will release a processor next year featuring its own custom-designed computing cores, joining a small group of custom chip companies that includes Apple Inc. The data-center chip startup is ...
Wells Fargo & Co said on Wednesday its investment institute is planning to evaluate and onboard an actively managed cryptocurrency strategy for its wealthy clients, the latest move by a major U.S. bank toward accepting digital currencies.
(Corrects spelling of name of Messe Berlin CEO) BERLIN: Organisers on Wednesday called off this year's IFA consumer technology trade fair in Berlin, saying the lingering coronavirus pandemic had made it impossible to organise an in-person event. The September show traditionally kicks off the ...
Proposed EU rules targeting Facebook, Google and other large online platforms should include privacy rights for users as well as their right to anonymity, a key EU lawmaker steering the debate at the European Parliament said on Wednesday.
Bitcoin and ethereum posted their largest one-day drop since March last year on Wednesday, with losses in the market capitalization for the entire cryptocurrency sector approaching US$1 trillion.
SHANGHAI :Chinese regulators have tightened restrictions that ban financial institutions and payment companies from providing services related to cryptocurrencies, marking a fresh crackdown on digital money.
Global stocks slipped and cryptocurrencies sank deeper on Wednesday as a threat of unwanted inflation had investors shy away from assets seen as vulnerable to any removal of monetary stimulus.
It’s hard to believe that in December 2019, the aviation sector was looking forward to a record year of air travel in 2020. When COVID-19 crash-landed on the world, the optimistic outlook quickly disappeared. But as Money Mind discovers, there’s optimism in the air.
China will strengthen management from both supply and demand sides to curb "unreasonable" increases in commodity prices, and prevent the pass-through to the consumer, the cabinet said on Wednesday.
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