Bitcoin price falls below $10,000 as lift from Facebook’s Libra fades

Cryptocurrency climbed to nearly $14,000 on news social network was launching rivalThe price of bitcoin has fallen back below $10,000, down 30% from last week’s peak of nearly $14,000.Continuing its wild ride, the digital currency dropped to $9,717 on …

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Financial regulation is costly and complex – time for a big tech solution

Cryptocurrencies, new payment systems and digital banking all signal a financial revolution that needs better oversightBanking supervision teams at the Bank of England “now receive the equivalent of twice the entire works of Shakespeare of reading each…

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Bitcoin passes $11,000 on news of Facebook’s cryptocurrency plan

The original cryptocurrency hits 15-month high as traders bet move will legitimise sectorThe price of bitcoin has surged above $11,000 (£8,600), its highest level in 15 months, amid renewed hype over cryptocurrencies after Facebook said it was planning…

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