Bitcoin and gold prices seen converging as interest rates rise Regulators say cryptocurrency rules could draw on gold trade Bitcoin should be regulated similar to gold -- which benefits from simpler compliance rules than stocks or bonds -- according to Austria’s biggest broker of the digital token. While cryptocurrency transactions in the European Union above 10,000 euros ($12,310) should be subject to anti-money laundering rules, applying more onerous financial standards could stunt the...

UN organization tests digital wallets built on Ethereum Technology that underlies bitcoin cuts bank transfer costs International officials are discovering they can sometimes avoid bank fees by replacing currency transfers with the technology at the heart of Bitcoin. The World Food Programme is expanding its blockchain-payments system, said Robert Opp, a director of the United Nations effort that feeds as many as 100 million people across 80 countries. The agency expects to cut millions of...