Cryptocurrency rises as UK financial regulator says it will allow trading of crypto-backed securities
Bitcoin has reached a new record price of almost $73,000 (£57,000), as the UK financial regulator said it would allow the trading of cryptocurrency-backed securities.
The cryptocurrency hit a fresh high of $72,720 as of Monday evening having last week overtaken its previous November 2021 high of nearly $69,000.
More Stories
Porsche reports steep fall in orders from Europe and China
‘Fruit of the devil’: Hainan’s betel nut sellers suffer from stuttering economy
Will Trump’s tariff chaos be China’s gain in global trade wars?