NEW YORK (Reuters) - The trial of two men was delayed on Monday in a case stemming from a probe into a bitcoin exchange and a data breach at JPMorgan Chase & Co  after prosecutors revealed a new witness.

New witness delays trial over bitcoin exchange tied to JPMorgan hack

Reuters Automatic

Photo: Reuters

Bitcoin lost 40% of its value in a single day

Ashish Sharma: Agent Orange prefers dollars

Business Standard

SHANGHAI (Reuters) - Trading volumes at China's three largest bitcoin exchanges have plummeted after the central bank put the virtual currency market under sharper scrutiny a month ago in a move that coincided with official efforts to stem capital outflows.

Bitcoin trading shrivels under Chinese government's glare

SHANGHAI (Reuters) - China's three largest bitcoin exchanges said on Thursday they will strengthen oversight of customers' identities and sources of funds, in the latest shift since the Chinese central bank stepped up its scrutiny of the industry. 

Chinese bitcoin exchanges say to strengthen scrutiny of customers

SHANGHAI (Reuters) - China's central bank said on Thursday it met with nine smaller local bitcoin exchanges to discuss risks and problems in the bitcoin market, and warned them that they risk closure should they seriously violate the country's regulations.

China c.bank says warned bitcoin exchanges of closure risk on rule violations

China central bank says warned bitcoin exchanges of closure risk on rule violations

Rolex, watches

Blockchain plays a key role in the mechanism to reduce counterfeiting

A new tool for the war on fake luxury goods

Bloomberg

Use of Bitcoins

Government Releases

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To make a rapid move towards using digital cash, the government is planning to bring in changes in the way money is handled on mobile wallets.The government is mulling over bringing insurance in the segment, on the lines of debit and credit cards. It has already held three meetings with mobile wallet and insurance companies and hopes to bring in the new regulations to make it mandatory for mobile wallets to insure money."The discussions have been quite fruitful. We would be able to bring in the new rules soon. It is extremely important that users know and understand that their money is safe and even if there are technical glitches, they get their money back," said an information technology (IT) ministry official.The Ministry of Electronics Information Technology will soon come out with the rules. The government in an effort to make cyber laws tougher and more effective has also decided that cyber labs, which examine evidence, be notified soon. This would help make IT-based evidence adm

Mobile wallets may soon have to insure customers' cash

BEIJING (Reuters) - China's central bank will continue to conduct spot investigations on bitcoin exchanges, its Beijing head office said on Wednesday, in a statement on its website.

China central bank to keep up spot checks on bitcoin exchanges

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