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The Latest Breaking News from Bitcoin

Is Investing in Bitcoin and Other Cryptocurrencies Really Just Gambling?

Politicians in the UK are arguing investing in cryptocurrency is really gambling. A Kiplinger editor weighs in.

Kiplinger

3 Financial Services Stocks to Beware of

As the United States grapples with the critical stage of raising its massive debt ceiling, the financial services sector finds itself on high alert. Hence, fundamentally weak financial services stocks BRP Group (BRP), Digital World (DWAC), and SAI.TECH Global (SAI) might be best avoided. Keep reading.

StockNews.com

Crypto trading: politicians who say it should be treated like gambling are completely wrong

Cryptocurrency trading should be regulated in the same way as gambling, according to the UK parliamentary select committee in charge of scrutinising finance. The committee published a report arguing that this was necessary because digital assets such as bitcoin have “no intrinsic value, huge price volatility and no discernible social…

The Conversation

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read the most diverse news in one place.

Bitcoin stands apart as big banks get bigger

Governments' role in the banking system is growing—a development that could inadvertently help Bitcoin.

Fortune

Veteran crypto traders raising 1,000 Bitcoin for BTC-denominated fund

BXB Capital gained prominence with the Kimchi premium and the first Korean won-backed stablecoin.

Fortune

Crypto market aflutter

Last year was a rough one for cryptocurrencies as Bitcoin, the largest digital asset in the world, lost nearly 65% of its market value.

Bangkok Post

The A.I. future according to Cathie Wood: full interview

Wood opened up at Fortune’s Most Powerful Women Next Gen conference about Elon Musk, Bitcoin, and the millions who followed her advice when she got it wrong.

Fortune

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Strike expands Bitcoin payments to 65 countries, moves global headquarters to El Salvador

The Jack-Mallers led Lightning app says it can now support nearly 3 billion people globally.

Fortune

UK Members Worry About The Risks Of Cryptocurrency And Non Existing Regulations

UK lawmakers want to treat cryptocurrency trading like gambling as the fall of FTX has brought concern to world regulators.

Zenger

Litecoin gained nearly 20% over 10 days as traders sought alternatives to surging Bitcoin fees

Bitcoin NFTs, known as Ordinals, have surged in popularity, causing a significant rise in network transactions fees.

Fortune

Brooklyn-based Coin Cafe ordered to return $4.3 million to 'defrauded' crypto investors by New York New York attorney general

The move comes two weeks after the office proposed sweeping crypto legislation for New York State.

Fortune

Is crypto trading the same as gambling? This U.K. parliament committee thinks so, and most crypto advocates—unsurprisingly—disagree

The Treasury Committee in the House of Commons said crypto assets have "no intrinsic value."

Fortune

Treating cryptocurrencies as gambling would be 'a backwards step'

A government committee report has proposed new regulation for the nascent industry

Insider UK

EU passes the world's first regulatory framework for crypto

Satoshi Nakamoto does not approve of this message.

PC Gamer

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Evening Standard

The MPs are right -- bitcoin is just gambling and should be treated as such

City Comment: Forget the UK as a global crypto hub

The Guardian - UK

Cryptocurrency trading in UK should be regulated as form of gambling, say MPs

Report says people betting on prices of such assets ‘should be aware that all their money could be lost’

The Independent UK

Cryptocurrency trading should be regulated as gambling, says Treasury Committee

Unbacked cryptoassets pose significant risks to consumers, given their price volatility and the risk of losses, the committee said.

Evening Standard

Cryptocurrency trading should be regulated as gambling as it ‘serves no useful purpose’ otherwise, MPs say

The Committee said regulating cryptocurrencies as financial products risked giving people a false sense of security in the assets

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The Independent UK

Crypto rules get final approval to make Europe a global leader on regulation

European Union states have given final approval to a sweeping set of beefed-up cryptocurrency rules, giving the 27-nation bloc a global lead in regulating the freewheeling sector

Zenger

Hong Kong Banks Looking To Be The Leader In Cryptocurrency Moving To Virtual Assets

Hong Kong is encouraging banks to cater to the needs of licensed virtual-asset firms — a move that highlights the city's ambition.

The Independent UK

Radio Aryan host jailed for stirring up racial hatred on ‘vile’ podcast

James Allchurch produced more than 2,000 hateful episodes as part of a campaign to spread racist and antisemitic propaganda.

Tom’s Hardware

Raspberry Pi Zero Gambles for Bitcoins with USB Antminer

Data Slayer is using a Raspberry Pi Zero to run a USB Antminer to lotto mine for bitcoins.

Fortune

Grimes and Bitcoin: How crypto and the open-source movement offer lessons for the music industry in the age of A.I.

The music industry wants to crack down on A.I.-generated songs. Grimes is trying a different approach.

Fortune

This Week in the Metaverse: Researchers are making strides toward creating a 'smellaverse'

Chinese researchers may have the answer to smelling things in the metaverse.

Zenger

Bitcoin Thief Who Stole Nearly $5 Million And Was Photographed In Cash-Filled Bathtub Gets 4 Years In Prison

On Thursday, Gary Harmon, a resident of Ohio, was sentenced to a four-year prison term after he pled guilty in January to stealing mo

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