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| 2018: The Year Central Banks Begin Buying Cryptocurrency Eugene Etsebeth is a former central banker with the South African Reserve Bank. There, he notably chaired the virtual currency and distributed ledger working group. The following article is an exclusive contribution to CoinDesk's 2017 in Review.
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| Roundup: Italy political groups float idea of possible parallel currency ROME, Dec. 17 (Xinhua) -- Some of Italy's leading opposition political figures have come out in favor of a complicated plan, which allegedly would create a new way to pay government obligations without adding to the country's debt and could, according to some media, open the door to Italy leaving the ...
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| MARK-TO-MARKET: Bitcoin: Technology meets the wild west Bitcoin is considered a cryptocurrency, a digital form of currency that only exists in electronic form, with no physical banknotes or coins. There are currently about 1,324 different cryptocurrencies around the world, and the list is continually growing. Created in 2009, Bitcoin was the first, and remains the ...
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| Financial matters: Cryptocurrencies: Myth, madness or reality? But the US dollar like all major global currencies is a fiat currency. There is no gold which backs the value a dollar. That officially ended in 1973. Today a dollar is worth a dollar only because the US Treasury says it is, and because people have confidence in the dollar and the US government.
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| Bank Negara to meet digital coin exchangers, seeks feedback on reporting obligations KUALA LUMPUR: Bank Negara Malaysia (BNM) is scheduled to meet the active digital currency exchangers today with regard to the reporting obligations under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (AMLA). "We're also issuing exposure draft ...
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| Bitcoin-inspired illicit investment schemes to face regulatory axe Market watchdog Sebi will come down heavily on illicit 'initial coin offers' seeking public investments with promise of high returns from Bitcoins and other virtual currencies, amid a mushrooming of such schemes in the absence of any regulatory regime. However, Sebi is not keen to take on the mantle of a ...
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| Cardano Price Surges to $0.50, Up 76% Against Bitcoin For a currency few people seem to know anything about, it certainly has taken the industry by storm. Thanks to a lengthy period of solid gains since mid-November, we now have a Cardano price of over US$0.50. That is quite spectacular, especially considering there are nearly 26 billion ADA in ...
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