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| Bank of England could issue its own Bitcoin-style currency within a year cutting out the need for ... A research unit set up by the bank to investigate the possibility of issuing a crypto-currency could report back within the next 12 months, paving the way for the system to be introduced. The new currency would be linked to the value of sterling and could allow people to keep their money with the central ...
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Imagine: Is bitcoin's promise of a universal currency ready for prime time? Unlike traditional currency, it has no representation in the physical world such as coins and paper money, and it is not backed by gold or controlled or regulated by any government agencies such as The Federal Deposit Insurance Corporation (FDIC). You have access to its value, but you can't touch it, ...
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| A Currency War against Pakistan? The US Puts "Pakistan on Notice" for Harboring Terrorists as ... The Trump administration sent its U.S. Vice President Mike Pence to Kabul, Afghanistan in what was described as a surprise visit and warned Pakistan that they are "on notice" for being a "safe haven" for the Taliban and other terrorist organizations. It seems that the Trump administration is putting any ...
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| Sri Lanka extends deadline till next March 31 to exchange mutilated notes COLOMBO, Dec. 31 (Xinhua) -- The Central Bank of Sri Lanka extended the deadline till March 31 next year for people to exchange defaced or mutilated currency notes, a minister said on Sunday. State Finance Minister Eran Wickramaratne told Xinhua that the Central Bank this year had given a 90-day ...
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