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Indonesia, Malaysia and Thailand seek to boost local currency settlement JAKARTA, Dec 11 (Reuters) - The central banks of Indonesia, Malaysia and Thailand launched a framework on Monday aimed at increasing direct settlement of transactions in their local currencies to reduce the current dependence on the U.S. dollar. The regulatory framework is "part of the continuous ...
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Government lays down law on digital currency With the popularity of bitcoin and similar blockchain-based virtual currencies currently booming around the world, the Australian government has passed new legislation extending anti-money laundering and counter-terrorism financing regulations to digital currency exchanges. Under the legislation ...
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Hotly anticipated bitcoin futures debut in sedate fashion The launch of futures trading gives bitcoin the potential to win long-awaited legitimacy and a more widespread usage, but experts have worried that the risks associated with the currency's Wild West-like nature could overshadow the debut. The price action was unlike the wild swings seen in past weeks.
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Bitcoin Could Threaten US Dollar Dominance - Analyst (Kitco News) - Wider recognition of bitcoin amid the digital currency's soaring popularity could threaten the U.S. dollar's global dominance, according to one commodity analyst. The Cboe launched its highly-anticipated bitcoin futures contract on Sunday and CME Group will be kicking off its own futures ...
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