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Bitcoin futures soar amid frenzy over virtual currency NEW YORK — Wall Street got its first taste of bitcoin on Monday, with the price of the first-ever futures contract for the digital currency jumping 20 percent. It's a step forward for the bitcoin, which has soared this year despite concerns that the surge of investor interest has transformed it from a new-age ...
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Digital Currency Derivatives And A Delivery Mechanism In my articles on the digital currency asset class, I have been an advocate for a physical delivery mechanism in the futures market. I have been a commodities trader since the early 1980s. One of the beautiful things about commodities futures, which are excellent hedging tools for producers and ...
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UPDATE 1-UAE, Saudi working on digital currency for cross-border deals The two central banks have in the past expressed scepticism about digital currencies such as bitcoin, with the UAE central bank saying it did not recognise bitcoin as an official currency. In July, the Saudi central bank warned against trading bitcoin because it was outside the bank's regulatory reach.
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UAE, Saudi working on digital currency for cross-border deals ABU DHABI, Dec 13 (Reuters) - The United Arab Emirates is working with Saudi Arabia's central bank to issue a digital currency that would be accepted in cross-border transactions between the two countries, UAE central bank governor Mubarak Rashed al-Mansouri said on Wednesday. The digital ...
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Botswana exchange lists IFC local currency bond GABORONE, Dec 13 (Reuters) - The Botswana Stock Exchange (BSE) on Wednesday listed a 250 million pula ($25 million) bond for the International Finance Corporation (IFC), the exchange's first local currency bond issued by a non-resident issuer. Through the bond, the IFC, a member of the World ...
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One of the World's Biggest Bitcoin Markets Is Holding an Emergency Meeting on Cryptocurrency South Korea currently bans all financial institutions from dealing with virtual currencies. But the country is among the world's biggest bitcoin markets and is home to the world's most active virtual currency exchange, Bithumb. Bitcoin is trading at $16,850 on the Luxembourg-based Bitstamp exchange on ...
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