The news that a software upgrade was slated to go ahead in hours saw the bitcoin hitting an all-time high just below $8,000 (£6,060) on Friday. The software in question was suspended which resulted in the cryptocurrency strongly going down at the end of last week.   A statement was published...

The desire of India to use digital technology has resulted in major changes in the country’s economy. This represents an investment opportunity of several trillion dollars, as the level of compliance with tax legislation and access to credit has increased, CNBC reports with reference to Morgan...

Government regulation of cryptocurrencies was called for by the Supreme Court of India which also directed the Indian government to take steps to that end.   Demanding acknowledgement and a response to a petition in this issue, a three member justices bench of the Supreme Court issued notice...

German regulators are supporting a compromise over the adoption of new global rules of banking aimed at avoiding the recurrence of the financial crisis of 2007, their representative said, quoted by Reuters. The rules known as Basel III are already 10 years old, and recent efforts to reach agreement...

In July, the famous American professional boxer Floyd Mayweather wrote in Instagram: "I'm going to earn a terrific amount of money on August 2 with Stox’s ICO." This was, in fact, the first advertising campaign for the "initial placement of coins," in which cryptographic coins, or tokens, with the...

A recent research suggests that there have been potentially damaging impacts on the pension savings and the larger UK economy by the crowding out of long term savings and investments due to craze for home ownership in the country.   a study by the National Institute of Economic and...

In the latest Global Economic Outlook 2018, the Conference Board estimated that through 2018, a growth rate of 3 percent would be clocked by the global economy after the growth surpassed the expectations in 2017.   "Global growth has finally left the starting gate since the global economic...

China returned to the accumulation of oil reserves in November, which was a serious rebound compared to September and October, when stocks fell by more than 120 million barrels according to Orbital Insight Inc. During the first 9 days of the month, the country’s oil reserves grew by about 37...

Economic growth in China slowed in October, while the credit risk management campaign is gaining momentum, and the Communist Party declared a less strict approach to achieving growth targets, Bloomberg reports. Industrial production in October rose by 6.2% in annual terms after an increase of 6.6%...