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| Crypto-currency crackdown sparks search for safe havens When US entrepreneur Bharath Rao looked around for the best place to raise money for his crypto-currency derivatives trading business, the US did not make his list. Instead he chose the East African island nation Seychelles to sell the trading platform's tokens. Rao, a San Diego-based technology ...
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| As bitcoin passes $10000, experts consider whether cryptocurrencies will crash or carry on "The value of bitcoin is notoriously volatile because it is created mainly by the interaction of speculative demand, which makes application as a normal currency impossible for now," he said. He is concerned though about the possibility that some people getting in on the action may get burned and bitcoin ...
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| Dudley Says Fed Has Started Thinking About Official Digital Currency NEW BRUNSWICK, N.J.—Federal Reserve Bank of New York President William Dudley said Wednesday the U.S. central bank is beginning to explore whether it could adopt its own digital currency, in an appearance at Rutgers University where he also expressed optimism about the economy.
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