In a decision made in June, the International Financial Reporting Interpretations Committee (IFRIC) said that cryptocurrencies, such as bitcoin, are neither legal tender nor financial products. This was reported by the...

The U.S. House Financial Services Committee is going to hold a hearing next week in which it will seek answers from five Securities and Exchange Commission (SEC) commissioners on cryptocurrencies and Facebooks Libra, among...

Germany has passed on Wednesday a comprehensive blockchain strategy that aims to block stablecoins from becoming alternative currencies and threatening state sovereignty, according to Reuters. As per the report,...

Turkey is eyeing to become the first country to use blockchain for public administrative services, according to a new road map released by the countrys Ministry of Industry and Technology, as reported by...

VanEck and SolidX have withdrawn their bitcoin exchange-traded fund (ETF) proposal, as per a filing with the Securities and Exchange Commission (SEC) on Tuesday. The VanEck investment company and blockchain startup...

Cryptocurrency exchange OKExs Korea branch is delisting all five privacy coins, including monero (XMR), dash (DASH), zcash (ZEC), Horizen (ZEN), and super bitcoin (SBTC). As per an announcement, the decision has been...

CF Benchmarks, the Bitcoin index provider of Chicago Mercantile Exchange (CME) Group, has received authorization from the Financial Conduct Authority (FCA) to become a Benchmark Administrator under the European Benchmarks...

Facebook is set to face global regulators on Monday to answer questions about its Libra cryptocurrency project, amid warning from EU governments that the digital currency poses threat to financial stability. According...

France warned on Thursday that it will block the development of Facebooks cryptocurrency Libra as it is posing a threat to the monetary sovereignty of governments. I want to be absolutely clear: in these conditions, we...

Burundi has declared cryptocurrencies such as bitcoin and ethereum as illegal in the country, Bloomberg reported. The announcement was made by Alfred Nyobewumusi, a director at the Bank of the Republic of Burundis (BRB)...