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Bitcoin attracts high-profile interest

Agence France-Presse
Posted at Jul 27 06:38 AM

Tesla, Twitter and maybe Amazon: Big tech companies are interested in bitcoin and it could take off again after several weeks of laying low.   Read more »

Tesla will 'most likely' restart accepting bitcoin as payments, says Musk

Noor Zainab Hussain and Nivedita Balu, Reuters
Posted at Jul 22 07:11 AM

Electric-car maker Tesla Inc will most likely restart accepting bitcoin as payments once it conducts due diligence on the amount of renewable energy used to mine the currency, Chief Executive Officer Elon Musk said at a conference on Wednesday.  Read more »

Peso 'abrupt appreciation' likely a pricing feed error: BSP Gov. Diokno

ABS-CBN News
Posted at Jul 21 03:13 PM

The Bangko Sentral ng Pilipinas said the abrupt peso appreciation is likely a pricing feed error, following reports of a sudden change in the Peso and US Dollar Exchange rate for a brief period on late Tuesday. Read more »

Magkapera tuwing gagamit ng kubeta

ABS-CBN News
Posted at Jul 15 07:44 PM

Ginagawang biogas at pataba sa lupa ang mga dumi na naiipon.  Read more »

Dollar set for best month since March, payrolls test looms

Ritvik Carvalho, Reuters
Posted at Jun 30 05:11 PM

The dollar was heading for its biggest monthly rise since March on Wednesday, supported by traders' trepidation ahead of unpredictable US labor data and concern over the spread of the Delta coronavirus variant. Read more »

Dollar climbs towards three-month highs as virus cases rise

Reuters
Posted at Jun 29 08:50 PM

The dollar rose towards three-month highs versus major counterparts on Tuesday as coronavirus outbreaks threatened to snuff out global economic recovery with the Australian dollar and the British pound leading losses. Read more »

Digital currency craze might be like bad fashion fad: US Fed vice chair

Agence France-Presse
Posted at Jun 29 09:03 AM

When it comes to the fleeting craze over baggy parachute pants in the 1980s the consequences are "merely puzzling or embarrassing," but with a currency it could be more serious. Read more »

Businesswoman loses US$200,000 while trying to get money out of China

South China Morning Post
Updated as of Jun 22 01:33 PM

A Vancouver businesswoman has launched a lawsuit to recover about US$200,000 she says was lost when a scheme to thwart Chinese money control laws went awry. Read more »

Philippine peso dips most since February as virus curbs extended

Shashwat Awasthi, Reuters
Posted at Jun 15 05:05 PM

The Philippine peso fell the most in almost four months on Tuesday after partial coronavirus curbs were prolonged and quarantine measures tightened in some parts of the country until end-June to control infections.   Read more »

Bitcoin jumps after Musk says Tesla could use it again

Reuters
Posted at Jun 14 02:58 PM

Bitcoin hit a two-week peak just shy of $40,000 on Monday, after another weekend reacting to tweets from Tesla boss Elon Musk, who fended off criticism over his market influence and said Tesla sold bitcoin but may resume transactions using it. Read more »

Musk says Tesla will accept bitcoins when miners use more clean energy

Reuters
Posted at Jun 14 07:33 AM

Tesla Inc Chief Executive Officer Elon Musk tweeted on Sunday that the electric carmarker will resume allowing bitcoin transactions when miners who verify transactions use more renewable energy. Read more »

Bitcoin is now legal tender in El Salvador

Agence France-Presse
Posted at Jun 09 03:37 PM

The Congress of El Salvador has approved a law that will classify Bitcoin as legal tender in the Central American country, its president said, making it the world's first nation to adopt a cryptocurrency. Read more »

Bitcoin sinks and approaches $30,000

Agence France-Presse
Posted at Jun 09 07:34 AM

The price of bitcoin fell sharply on Tuesday, approaching a symbolic $30,000 threshold it has not crossed since January and dragging other cryptocurrencies in its wake. Read more »

HSBC CEO says Bitcoin not for us

Lawrence White and Rachel Armstrong, Reuters
Posted at May 25 08:57 AM

HSBC has no plans to launch a cryptocurrency trading desk or offer the digital coins as an investment to customers, because they are too volatile and lack transparency, its Chief Executive Noel Quinn told Reuters. Read more »

S. Korea's central bank moves to develop pilot digital currency

Cynthia Kim, Reuters
Updated as of May 24 06:28 PM

South Korea's central bank on Monday said it will choose a technology supplier to build a pilot platform for a digital currency, moving a step closer to creating a central bank-backed digital currency.   Read more »

Bitcoin plunges: A bust or a buy?

Tommy Wilkes, Sujata Rao and Gertrude Chavez-Dreyfuss, Reuters
Posted at May 20 07:14 AM

Cryptocurrencies that seemed to be defying gravity just weeks ago came back down to earth with a bump on Wednesday after a roller-coaster ride which could undermine their potential as mainstream investments.   Read more »

Bitcoin tumbles below $40,000 after China issues warning

Agence France-Presse
Posted at May 19 02:08 PM

Bitcoin plunged below $40,000 for the first time in more than three months Wednesday after China said cryptocurrencies would not be allowed in transactions and warned investors against speculative trading in them.   Read more »

Bangko Sentral 'studying' central bank-issued digital currency, says Deputy Gov

ABS-CBN News
Posted at May 07 11:13 AM

The Bangko Sentral ng Pilipinas is "studying" central bank-issued digital currencies and comparing notes with its counterparts to see its viability, an official said Friday.    Read more »

Ethereum breaks past $3,000 to quadruple in value in 2021

Reuters
Updated as of May 03 08:41 PM

Cryptocurrency ether broke past $3,000 on Monday to set a new record high in a dazzling rally that has outshone the bigger bitcoin, as investors bet that ether will be of ever greater use in a decentralized future financial system. Read more »

US gov't, industry push bitcoin regulation to fight ransomware scourge

Joseph Menn and John Shiffman, Reuters
Posted at Apr 29 08:57 AM

Government and industry officials confronting an epidemic of ransomware, where hackers freeze the computers of a target and demand a payoff, are zeroing in on cryptocurrency regulation as the key to combating the scourge, sources familiar with the work of a public-private task force said. Read more »