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Alan Greenspan Likens 'Irrational' Bitcoin to Civil War Currency Speaking to CNBC, Greenspan compared bitcoin to that of an early American form of money called "Continental currency" that came into use in 1775 and had become worthless by 1782. The paper-based legal tender was used at the time of the American Revolution and was not backed by a commodity ...
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Pound sterling latest: Currency could rally thanks to recent positive Brexit talks Sterling's outlook is stable over the coming year, but a few currency strategists polled by Reuters expect it to make significant gains if negotiations over Britain's departure from the European Union take a positive turn. Forecasts from the poll of around 60 foreign exchange specialists, taken 4-6 December, ...
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Bank of Canada Gets More Serious about Issuing a Digital Currency On November 30, 2017, the Bank of Canada (BoC) released a staff white paper cautiously in favour of creating a central bank-issued digital currency (CBDC) for Canada. Referencing the continuing trend toward using electronic forms of payment in lieu of physical currency, the white paper explores the ...
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Banned currency notes found in Jharkhand The police have recovered banned currency notes worth over Rs 19 lakh from Sangam Vihar locality under the jurisdiction of Sonari police station here on Thursday. The banned notes were stuffed in two sacks and abandoned, said city Superintendent of Police (SP), Prabhat Kumar. Demonetised ...
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