Now playing Next Money Crypto traders are facing a tax crackdown by the US Treasury A new report could have major implications for US crypto users as authorities seek to modernise outdated tax infrastructure. 21/05/2021
Now playing Next Money Cryptocurrency crash: What just happened and what lies ahead? Bitcoin, Ethereum and Dogecoin all plunged in value following a crackdown in China. But what does that mean for investors? 20/05/2021
Now playing Next Money Tesla will stop accepting Bitcoin over environmental concerns "We are concerned about rapid increasing use of fossil fuels for Bitcoin mining and transactions," Tesla CEO Elon Musk said. 13/05/2021
Now playing Next Money Just how eco-friendly is Chia, the new 'green' cryptocurrency? Using less energy than other cryptos, Chia has been hailed as the "green" alternative to Bitcoin. But is it all that it seems? 12/05/2021
Now playing Next Money Hungary is set to cut taxes on cryptocurrencies by half from 2022 Hungary is cutting tax on cryptocurrency earnings by half as interest in the crypto market drives it to all-time highs. 12/05/2021
Now playing Next Tech News Second-biggest cryptocurrency Ethereum soars above record $4,000 mark In a week where other altcoins, including Dogecoin, took a hit, Ethereum's value has soared to record highs. 10/05/2021
Now playing Next Money Dogecoin's value tumbles after Elon Musk called it 'a hustle' on SNL Dogecoin, which is often seen as a joke, soared in value this week after it was listed on investing apps. Elon Musk's appearance on SNL has changed all that. 09/05/2021
Now playing Next Tech News Bitcoin and Ethereum will be accepted in Sotheby's Banksy auction While NFTs are growing in popularity, physical artworks have yet to be swept up in the world of cryptocurrencies. Until now, that is. 04/05/2021
Now playing Next Tech News Dogecoin is surging to new highs after being added to trading apps Developed to poke fun at Bitcoin alternatives, Dogecoin is having its day in the sun thanks to popular trading apps eToro and Gemini. 04/05/2021
Now playing Next Tech News EBay is open to accepting cryptocurrencies and selling NFTs The surge of cryptocurrencies and the emergence of NFTs is something eBay is keeping an eye on, its CEO said on Monday. 04/05/2021
Now playing Next Tech News US launches pilot to explore uses of a potential new digital dollar The non-profit Digital Dollar Project is launching five pilot programmes over the next year to explore applications of a new central bank digital currency. 04/05/2021
Now playing Next Money What is the difference between digital currency and cryptocurrency? From the Bahamas to Britain, the world's biggest banks are issuing digital currencies to fend off the threat of cryptocurrencies. But how are they different? 04/05/2021
Now playing Next Tech News Can cryptocurrencies adapt to environmental concerns and rule changes? Experts warn evolving rules, environmental concerns and competition from central banks threaten to undermine many of the world's fast-growing crypto assets. 29/04/2021
Now playing Next Money Mastercard and Gemini are launching a crypto rewards credit card Available from this summer in the US, the card will give users Bitcoin rewards on their purchases. 28/04/2021
Now playing Next Money Ethereum jumps to record high on report of EIB digital bond issuance Reports of a bond sale by the European Investment Bank on the Ethereum network have sent the value of Ether soaring to new heights. 28/04/2021
Now playing Next Tech News Turkey arrests four in cryptocurrency fraud probe Turkish savers are increasingly reliant on cryptocurrencies as people seek a safe haven for their money because of the falling value of the Turkish lira. 27/04/2021
Now playing Next Money Bitcoin Island: Welcome to the world's first crypto-enabled community Using cryptocurrencies to buy everything from villas to beers, the island of Bequia is set to become home to a fully Bitcoin-enabled community. 26/04/2021
Now playing Next Tech News Bitcoin dips below $50,000 over concerns Joe Biden will raise taxes Speculators have also been spooked by power outages in China which affected Bitcoin mining and a Turkish probe into alleged cryptocurrency fraud. 23/04/2021
Now playing Next Sci-tech Turkey detains dozens for alleged €1.9 billion cryptocurrency fraud The move comes a week after Turkey banned the use of cryptocurrencies as payment for goods and services in the country. 23/04/2021
Now playing Next Money The UK is considering a new 'Britcoin' digital currency The UK has become the latest country to look into the potential of having a central bank-backed digital currency, following similar moves by China and Sweden. 19/04/2021