Tag: bitcoin

Global money-laundering watchdog launches crackdown on cryptocurrencies

FRANKFURT/LONDON: Cryptocurrency firms will be subjected to rules to prevent the abuse of digital coins such as bitcoin for money laundering, a global watchdog...

Police arrest gang demanding Bitcoin as ransom

Police arrested a gang demanding Bitcoin as ransom after kidnapping a person, a local media outlet reported while quoting a police report. Lahore’s deputy commissioner’s...

Pakistani-born US woman pleads guilty to bitcoin fraud to help IS

A Pakistani-born American woman has acknowledged her role in defrauding numerous financial institutions in a bitcoin scheme to help the militant Islamic State (IS)...

Unknown bitcoin benefactor donates $5 million to Open Medicine Foundation

LONDON: An anonymous benefactor has donated $5 million (3.53 million pounds) in bitcoin to the California-based Open Medicine Foundation, the non-profit research organisation said...

Bitcoin could become the new Swiss bank account, warns US official

WASHINGTON DC: Dominant digital currency bitcoin should not be allowed to become the Swiss bank account of the modern era used to hide illicit activity,...

Japan’s new all-girl ‘idol’ band sings the bitcoin beats

TOKYO: Japan has a new all-girl "idol" band -- the Virtual Currency Girls -- on a mission to educate the public about bitcoin and...

2017’s top trending searches

Hurricane Irma, bitcoin, sex scandal and royal romance were some of the hot topics explored this year at internet giant Google. Irma, the devastating...

Bitcoin is un-Islamic, says Turkey, as price soars above $10,000

Turkish authorities have declared that Bitcoin is not accordant with Islam and has warned its citizens against buying the world's most popular cryptocurrency. Turkey's Directorate of Religious...