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| Bank of England plots its own bitcoin-style digital currency A research unit set up by the Bank is investigating the possible introduction of a crypto-currency linked to sterling. If approved, a virtual currency issued by the bank would pave the way for a revolutionary shake up of high street banking. A Bank of England-issued digital currency would potentially allow ...
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| Traveller's Manual 101: Currency exchange at the airport –Why you shouldn't do it Very few people are privy to the fact that exchanging money through currency exchange counters at airports is highly convenient, but only if you don't consider roughly 13 percent of your vacation money to hold any value. Otherwise, this procedure comes under the "don't" category of every seasoned ...
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| UPDATE 1-Dollar share of global FX reserves shrinks to smallest since 2014 -IMF Dec 29 (Reuters) - The U.S. dollar's share of global currency reserves reported to the International Monetary Fund shrank in the third quarter to its smallest since mid-2014, while the euro's and Chinese yuan's share of reserves edged higher, data released on Friday showed. The share of dollar reserves ...
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| Austin businesses accepting cryptocurrencies From a bag of tea to a house, the currency has found a variety of uses here in Austin. "Since July I've been dealing with three transactions that have closed and the buyers wanting to use Bitcoin," said Sheryl Lowe, a broker associate with Kuper Sotheby's International Realty. Lowe explained that in ...
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| Rise of Bitcoin causing a reexamination of basic questions about finance and currency The still pseudonymous Satoshi Nakamoto published the first paper about Bitcoin ("Bitcoin: A Peer-to-Peer Electronic Cash System") in October 2008. For several years after that, the virtual currency remained on the margins of the vast financial market, little more than a low buzz on the fringe. But now ...
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| Bitcoin: Income tax department in tough spot as investors go all tech Days after the income-tax department issued about 5 lakh notices to high net-worth individuals (HNIs) who own bitcoins or any other crypto currency, ... "Many bitcoin investors are not technology executives but grey market operators who settle their trading in different products in crypto currency. This is ...
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| Performance of Iran's gold & currency markets on Dec. 30 Gold coin was traded in Iran at 14,279,000 rials (about $340.2 according to the currency rate in Iran's free market) on Saturday. According to data on the website of the Tehran Gold and Jewelry Union, one gram of the 18-karat gold was priced at 1,332,090 rials (about $31.7), indicating a 1.07 percent ...
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| Bitcoin or Blockchain? Bet That Both Will Thrive in 2018 One of the "big 3" cross-currency central banks will announce in 2018 that it is preparing to issue its currency on a blockchain. The "big 3" are the "super-regional" central banks through which most "cross-currency" foreign exchange transactions settle, including the Fed, the Bank of England and the Bank ...
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| Global stocks mostly rise on final trading day of 2017 CURRENCIES: The dollar declined to 112.58 yen from 112.88 yen while the euro strengthened to $1.1994 from $1.1945. BITCOIN: The price of bitcoin dipped 1.4 percent to $14,184 by early afternoon in Europe, according to the tracking site CoinDesk. The virtual currency has been highly volatile in ...
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| Trading Watch: Following the 8.25% Price Performance for Currency Exchange (CURN) Taking a closer look at shares of Currency Exchange (CURN), we have noted that the stock price has risen 8.25% over the last 4-weeks. Zooming in to the past 5 sessions, shares have changed 4.92%. Stepping back for the last 6 months, shares have seen a move of 7.75%. Going back a full year, ...
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