Advertisement
Bitcoin
BusinessMoney

Bitcoin latest: prices, policies and politics

News, analysis and opinion on bitcoin and other cryptocurrencies, from prices and primers to regulations and political moves 

Reading Time:11 minutes
Why you can trust SCMP
It now takes 556 days of computing and a hefty electricity bill to mine a single bitcoin. Photo: EPA
SCMP Reporters

Here you can find the latest on bitcoin and other influential virtual currencies, updated 24/7 by our news teams across the globe.

May 11, 2018

A research unit under China’s Ministry of Industry and Information Technology said it would produce ratings for blockchain projects, in the latest effort by Beijing to regulate the technology that underpins virtual currencies such as bitcoin.

April 23, 2018

China’s crackdown on digital currencies is sending investors into the arms of perennial competitors Hong Kong and Singapore – the new kids on the blockchain.

April 20, 2018

Concerns over the Macau cryptocurrency firm backed by notorious former triad leader “Broken Tooth” Wan Kuok-koi , and which has links to Cambridge Analytica, have prompted monetary chiefs in the city to issue a warning over possible “fraud and criminal activities”.

April 19, 2018

Finance chiefs in Hong Kong and Macau are facing fresh pressure to act after it emerged that the firm at the centre of the Facebook data privacy scandal, Cambridge Analytica, worked with a cryptocurrency firm backed by Asia’s most notorious former organised crime boss.
The connection between Cambridge Analytica and ex-14K triad gang leader “Broken Tooth” Wan Kuok-koi will deepen concerns over a lack of regulation in the digital currency business.
The connection between Cambridge Analytica and ex-14K triad gang leader “Broken Tooth” Wan Kuok-koi will deepen concerns over a lack of regulation in the digital currency business.

April 18, 2018

April 17, 2018

The International Monetary Fund is seeking a leading role in rallying the world’s central banks to get ahead of digital money and cryptocurrencies in the global financial system. “Policymakers should keep an open mind and work toward an even-handed regulatory framework that minimises risks while allowing the creative process to bear fruit,” IMF Managing Director Christine Lagarde wrote.
Advertisement
Christine Lagarde encouraged govenrments to keep an open mind on crypto. Photo: Jonathan Wong
Christine Lagarde encouraged govenrments to keep an open mind on crypto. Photo: Jonathan Wong

April 15, 2018

Retired Real Madrid and Portugal midfielder Luis Figo is backing an ICO. He joins a growing list of celebrity crypto endorsers including Brazilian football star Ronaldinho, former English footballer Michael Owen, boxer Manny Pacquiao, socialite Paris Hilton and Academy Award-winning actor Jamie Foxx.
Advertisement
Luis Figo, pictured here playing for Real Madrid in 2004, is the latest celebrity to back an ICO. Photo: Reuters
Luis Figo, pictured here playing for Real Madrid in 2004, is the latest celebrity to back an ICO. Photo: Reuters
Advertisement
Select Voice
Choose your listening speed
Get through articles 2x faster
1.25x
250 WPM
Slow
Average
Fast
1.25x