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Sudan gov't imposes temporary ban on 19 imports to support currency KHARTOUM, Dec 10 (Reuters) - Sudan has imposed a temporary import ban on selected foods and other items in an effort to protect its currency and narrow its budget deficit after the end of U.S. trade sanctions in October, the government said. The Sudanese pound has been weakening against the ...
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Here's The Biggest Problem With Bitcoin Right Now Perhaps the most blatant hypocrisy perpetrated by bitcoin evangelists is their insistence that bitcoin and other digital currencies represent a return to a truly democratic financial system beyond the control of banks and other special interests, where players small and large can earn enormous profits ...
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Drastic value increase puts Bitcoin back on the map The first form of decentralized digital currency made headlines this week. Bitcoin was back in the news when its value quickly skyrocketed. One Bitcoin is currently listed as being worth over C$17,000. It was developed in 2009, with other forms of digital currency springing up on its heels. Not everyone is ...
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Pakistan agrees to depreciate rupee post talks with IMF This calculated move allowed the currency rate to touch Rs 110 to a dollar on Friday before settling down at around Rs 107 and did not go beyond official estimates. While the government team, led by secretary of finance Shahid Mehmood will review the assessment, the IMF mission to Pakistan, led by ...
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The value of Bitcoin is soaring - should you be investing in it? The community interest company behind Scotcoin has also been working with two Scottish fintech firms on new blockchain systems – the complex digital ledgers that allow crypto-currency transactions to complete – whose aim is to make Scotcoin cheaper and easier to trade. Willie Fleming, director of ...
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Traders Brace for Launch of Bitcoin Futures Market The futures are cash-settled contracts based on the auction price of bitcoin in U.S. dollars on the Gemini Exchange, owned and operated by virtual currency entrepreneurs Cameron and Tyler Winklevoss. A regulated bitcoin product. "The pretty sharp rise we have seen in bitcoin in just the last couple of ...
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Sudanese banks to freeze assets of currency dealers The Central Bank of Sudan ordered banks to freeze the assets of dozens of Sudanese people and companies. The State Security Prosecution charged them for trading currencies, against the Central Bank's instructions.
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