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Banks should have capital set aside to cover crypto losses, regulators say

Regulators want banks to have cushions of capital when it comes to cryptocurrency investments.
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FBI wins one battle recovering bitcoin ransom, but it's still a war

Jun 8, 2021
Cryptocurrencies have allowed digital ransom and extortion to explode in recent years.
Deputy U.S. Attorney General Lisa Monaco announces the recovery of millions of dollars worth of cryptocurrency from the Colonial Pipeline Co. ransomware attacks on June 7, 2021.
Jonathan Ernst/AFP via Getty Images

How digital currencies work

May 21, 2021
The Federal Reserve is thinking about a central bank digital currency for the U.S., which would be less volatile than Bitcoin.
The value of cryptocurrencies like Bitcoin fluctuates, but a central bank-backed digital dollar would be worth ... a dollar.
Karen Bleier/AFP via Getty Images

China's crackdown on cryptocurrency is likely a way to maintain economic control, experts say

May 20, 2021
But experts say that other governments are watching what happens in China, and could follow with restrictions of their own.
GEOFFROY VAN DER HASSELT/AFP via Getty Images

Concerned about fossil fuel use, Tesla will stop accepting Bitcoin for car payments

May 13, 2021
"We could have told him about Bitcoin and energy use. Why has Musk changed his mind now?"
Tesla CEO Elon Musk tweeted the news on Wednesday, citing environmental concerns.
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Why is Bitcoin better? Let her count the ways.

Mar 2, 2021
Laura Shin, one of the first reporters to cover crypto-assets full time, says Bitcoin's "the most fascinating thing" she's watched.
Ozan Kose/Getty Images

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BNY Mellon announces it will offer cryptocurrency services

Feb 12, 2021
Mainstream banks may offer a layer of legitimacy to cryptocurrency that is appealing to big institutional investors.
Storing cryptocurrency like Bitcoin hasn’t always been easy. People have to worry about hackers and keep track of passwords for their digital wallets.
Dan Kitwood/Getty Images

Your GameStop questions, answered

Feb 4, 2021
GameStop, the video game retailer, has had a rollercoaster month, with its stock price rising more than 8,000% at one point. However, its share price, which hit a high of $347 last week, is finally starting to drop and opened at about $91 on Thursday.  The battle between Wall Street hedge funds and Redditors — […]
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