CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry.
Govt set to block 9 global crypto platforms in India
The government is set to block Binance, Kucoin and Huobi, among other global virtual digital asset service providers in India for their failure to register under the Prevention of Money Laundering Act (PMLA).
‘Mine and Drive’ VMS’ Groundbreaking Tech Allows Commuters to Make Bitcoin While on the Road
VMS USA Inc. (CEO Andy Park) has signed a multi-million-dollar distribution contract in Korea with its groundbreaking technology that allows users to mine cryptocurrency while driving.
Crypto Is Growing More Quickly Than the Early Internet
As the digital world continues to evolve, a recent discussion led by Roundtable anchor Rob Nelson delved into a compelling comparison: the explosive growth of cryptocurrency versus the internet's expansion in its early days.
Mega-cartoon: How crypto miners raised Texans’ electric bill (Opinion)
A cartoon by Nick Anderson, in partnership with Reform Austin and The Houston Chronicle, about how cryptocurrency is affecting Texas.
Fallen crypto king Sam Bankman-Fried will not face a second trial, lawyers say
US prosecuters submitted a letter to a New York federal court Friday that it doesn’t plan to proceed with a second trial against disgraced FTX founder Sam Bankman-Fried.
Sam Bankman-Fried will not face second trial after multibillion-dollar crypto fraud conviction
US prosecutors say ‘strong public interest’ in prompt resolution of case against 31-year-old outweighs benefits of second trial ...
Crypto miner Marathon Digital’s shares fall nearly 18%, on pace for worst day since January
Shares of crypto miner Marathon Digital Holdings fell nearly 18% to as low as $23.07 on Friday afternoon, putting the stock on pace for its worst day since Jan. 18 after logging an impressive rally earlier this month.
Here are the biggest crypto stories of 2023
In 2023, crypto industry onlookers were shocked by high-profile arrests and Sam Bankman-Fried’s trial but also given hope by a flurry of spot Bitcoin ETF applications and rebounding prices.
India to block crypto exchanges Binance, Kraken websites
Financial Intelligence Unit, an Indian government agency which scrutinizes financial transactions, said Thursday nine global crypto exchanges -- including Binance, Kraken, Kucoin and Mexc -- are operating "illegally" in the country without complying with the local anti-money laundering act and asked the IT Ministry to block their websites.
FIU issues notices to 9 offshore crypto platforms, asks MeiTY to block URLs
The regulation casts reporting, record keeping, and other obligations on the VDA SPs under the PML Act which also includes registration with the FIU IND, the finance ministry said.
India to ban URLs of 9 crypto exchanges including Binance for non-compliance with anti-money laundering law
The Financial Intelligence Unit has sent a show cause notice to nine offshore cryptocurrency exchanges after they were allegedly found to be illegally operating in India by not complying with the country's anti-money laundering law.
‘Operating illegally’: India’s Financial Intelligence Unit asks IT Ministry to block URLs of Binance, 8 other offshore crypto platforms
Besides Binance, notice has been issued to Kucoin, Huobi, Kraken, Gate.io, Bittrex, Bitstamp, MEXC Global, and Bitfinex.
Dealmakers Crave A Comeback
In both corporate finance categories, it was the technology sector that enjoyed the most action. Tech deals totaled $453 billion in 2023, with semiconductor manufacturer Broadcom’s $69 billion ...
Japan Acquires US Steel Rival
Consolidation continues in the manufacturing sector, with Japan’s largest steel-maker Nippon Steel acquiring rival US Steel for $14.9 billion. After months of negotiations, the Tokyo-based company ...
Crypto Options Trading Volume Hits Record as ETF Deadline Nears
This year’s massive rebound in cryptocurrencies is firing up the digital-asset derivatives market.