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UK regulator extends deadline for crypto firms to make it onto a key register
Technology

UK regulator extends deadline for crypto firms to make it onto a key register

A logo for the Financial Conduct Authority (FCA). Chris Ratcliffe | Bloomberg | Getty Images The U.K.’s Financial Conduct Authority said Wednesday it is giving some crypto companies more time to register with the regulator beyond an original Mar. 31 deadline. A select few firms, including the fintech firm Revolut and crypto start-up Copper, will […]

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Bitcoin surges above ,000, turns positive for 2022
Technology

Bitcoin surges above $48,000, turns positive for 2022

The price of bitcoin jumped Monday following a slew of bullish developments for the cryptocurrency, even as investors continue to monitor developments in the war in Ukraine and moves by the Federal Reserve. Bitcoin extended gains from a late Sunday rally, when the cryptocurrency broke past the key level of $45,000 and erased its losses […]

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Britain will reveal crypto regulation plans in coming weeks, sources say
World

Britain will reveal crypto regulation plans in coming weeks, sources say

Britain’s Chancellor of the Exchequer Rishi Sunak leaves the 11 Downing Street, in London, on March 23, 2022. Daniel Leal | AFP | Getty Images LONDON — The U.K. government will soon reveal plans to regulate the cryptocurrency market, focusing on a fast-growing type of token known as stablecoins, according to four industry sources familiar […]

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5 things to know before the stock market opens Friday
Business

5 things to know before the stock market opens Friday

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street looks to end a volatile week on a high note Traders on the floor of the NYSE, March 18, 2022. Source: NYSE 2. EU strikes gas deal with the U.S. to cut reliance on Russia […]

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Ukraine legalizes crypto sector as digital currency donations continue to pour in
Technology

Ukraine legalizes crypto sector as digital currency donations continue to pour in

Ukraine has started to accept dogecoin and a number of other cryptocurrencies as donations as Russia continues its invasion. Nurphoto | Getty Images Ukraine has passed a law that creates a legal framework for the cryptocurrency industry in the country. The bill, which was adopted by Ukraine’s parliament last month and signed into law by […]

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Microsoft dives into Web3 with investment in Ethereum co-founder’s start-up ConsenSys
Finance

Microsoft dives into Web3 with investment in Ethereum co-founder’s start-up ConsenSys

Joseph Lubin, co-founder of Ethereum. Adam Jeffery | CNBC Blockchain start-up ConsenSys has raised $450 million in a new round of funding that more than doubles its valuation to $7 billion. The cash injection was led by ParaFi Capital, ConsenSys said Tuesday, with Microsoft, Japan’s SoftBank and Singapore’s Temasek also joining as new investors in […]

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