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The rise of digital currencies in the emerging world

As of September 7, 2021, El Salvador will officially recognise Bitcoin as legal currency. This is a remarkable move, and one that will likely stimulate a huge amount of economic growth as Salvadoreans leapfrog from a largely cash-based society straight to a system characterised by the frictionless, finger-snap efficiency of digital currency.

Will COVID-19 finally usher in the age of the cryptocurrency?

Consumers will always demand reasonable levels of privacy – something that has not always been granted to their finances. As the world attempts to rebuild economically after the COVID-19 pandemic, cryptocurrencies may offer a solution

Cleaning up crypto’s dirty legacy

Bitcoin mining may have created a new class of crypto millionaires, but the industry’s vast energy usage and carbon footprint is having a detrimental effect on the planet

Ohio accepts bitcoin as payment for corporate taxes

The US state of Ohio has become the first to allow corporations to pay their taxes using cryptocurrency

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Japanese cryptocurrency exchange falls victim to $60m hack

Hackers stole around $60m of bitcoin, Monacoin and Bitcoin Cash from crypto exchange Zaif on September 14

Bank of International Settlements report highlights issues with cryptocurrencies

A new report from the Bank of International Settlements underlines issues with bitcoin security, legitimacy and environmental impact

Coinrail hack sends bitcoin price tumbling

Korean cryptocurrency exchange Coinrail has lost 30 percent of its coins following a hack, leaving investor confidence in bitcoin, among others, shaken

South Korea will not ban cryptocurrencies, but plans to ramp up regulation continue

While South Korea will not ban cryptocurrency trading, regulatory efforts are likely to increase following an investigation into the illegal trading of electronic coins

Bitcoin futures experience price surge on Cboe exchange debut

Bitcoin has achieved further mainstream acceptance after its debut on the Cboe Futures Exchange, but critics still believe the cryptocurrency is heading for a crash

Major Chinese bitcoin exchange stops trading

One of China’s top three bitcoin exchanges has announced that it will stop trading amid crackdown from authorities

Bitcoin achieves record high following cryptocurrency split

The value of bitcoin has surpassed $4,000 for the first time, allaying concerns over its recent schism

Bitcoin splits cryptocurrency community with launch of cash alternative

A new version of bitcoin, dubbed ‘bitcoin cash’, was met with a mixed reception on its first day of trading