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Bitcoin's Real Value Could Be Zero, Says Morgan Stanley The paper, titled "Bitcoin decrypted," gave compelling reasons why the digital currency was difficult to valuate. In particular, bitcoin cannot be treated like a currency because there is no interest rate tied to it. Its daily volumes also pale in comparison to the $5 trillion-plus global forex market. Though many ...
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"Crypto-Shekel" May Be in the Cards for Israeli Lawmakers The Bank of Israel is looking into the possibility of a state-sponsored digital currency, according to a few government officials that agreed to comment ... this year, Bitcoin was declared legal tender in Japan, allowing businesses to accept the controversial currency just as it would accept fiat currencies.
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DRI busts racket, foreign notes worth Rs 99 lakh seized Ahmedabad: Directorate of revenue intelligence (DRI) Ahmedabad unit has busted smuggling of foreign currency of Rs 99 lakh at Hyderabad ... In the last five months foreign currency worth Rs 3 crores have been seized at various airports and land border on the basis of specific intelligence of DRI, ...
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