Bitcoin extends losses after Fed chief urges halt to Facebook's crypto project

By
Follow google news

Plummets almost 8 percent.

Bitcoin extends losses after Fed chief urges halt to Facebook's crypto project
Bitcoin dipped almost 8 percent on Thursday, extending losses the day after U.S. Federal Reserve Chairman Jerome Powell called for a halt to Facebook's Libra cryptocurrency project until concerns ranging from privacy to money-laundering were addressed. The original cryptocurrency initially fell ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now

Add iTnews as your trusted source

Got a news tip for our journalists? Share it with us anonymously here.
Tags:

Most Read Articles

Westpac at work on a new agentic ecosystem

Westpac at work on a new agentic ecosystem

CBA's AI Companion is expected to face some hard questions

CBA's AI Companion is expected to face some hard questions

NAB's long-time technology executive Patrick Wright to retire

NAB's long-time technology executive Patrick Wright to retire

Super funds to test coordinated cyber attack response

Super funds to test coordinated cyber attack response

Log In

  |  Forgot your password?