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The Bitcoin/Crypto-currency Fallacy In accordance with Carl Menger's subjective theory of value, the market prices of "crypto-currencies" still will depend on how much value individuals choose to attach to it. Also, Bitcoin and the others still have the speculative potential to produce mind-boggling profits. On one crucial fundamental point, ...
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| Ripple and MoneyGram Test XRP Currency Transfers Ripple, a blockchain company and rival to bitcoin, on Thursday announced a tie-up with Dallas-based money transfer giant MoneyGram. The move is significant because the arrangement involves the use of XRP, Ripple's digital currency, which has recently soared in value but also faced questions about ...
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| MoneyGram Signs Deal to Work With Currency Startup Ripple MoneyGram International Inc. MGI 6.35% signed on to run a pilot program testing XRP, a digital currency created by San Francisco startup Ripple, in its payments network, the companies said Thursday. The Dallas-based company agreed to test XRP as a tool for reducing money-transfer costs and ...
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| Italy could start new 'parallel currency' after upcoming election But some analysts anticipate a right-leaning coalition will form a government with a mandate to introduce a new, domestic-only currency to operate alongside the euro. This worries many eurozone leaders. In August 2017, Berlusconi publicly indicated his support for printing a "new lira" for domestic use ...
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| Rising fees open the door for Bitcoin's 'currency' contenders While the Bitcoin network struggles to cope with transaction demand, the need remains for a decentralized digital currency for everyday purchases. As a result, there's a reasonable chance that bitcoin could be replaced, in that role at least, by something more suited to the task. The four most likely ...
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South Korea plans to ban cryptocurrency trading, rattles market By Thursday afternoon, the Justice Ministry's announcement had prompted more than 55,000 South Koreans to join a petition asking the presidential Blue House to halt the crackdown on the virtual currency, making the Blue House website intermittently unavailable due to heavy traffic, the website ...
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| New-look currency dispute now in court Central Bank of Kenya building in Nairobi on March 28, 2017. CBK has sued the Public Procurement Review and Administrative Board for nullifying new-currency tender awarded to De La Rue. PHOTO | SALATON NJAU | NATION MEDIA GROUP ... CBK, De La Rue appeal against cancellation of currency tender - Business Daily (press release) (blog)
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| For TCS, expecting 1.5% constant currency growth this qtr: Urmil Shah, IDBI Capital As regards the results in this particular quarter, given the seasonal weakness, we are expecting a muted growth in this quarter. So for TCS, we are expecting a 1.5% constant currency growth rate and 20 bps headwind from cross currency movement and as TCS has been best as regards EBIT margin ...
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| Securitisation of loans is in currency again with no GST on it: Crisil study KOLKATA: Volume of securitisation deals more than doubled to Rs 22,000 crore in the third quarter after the government clarified that such deals would not attract Goods and Services Tax, helping the market find its feet once again. The volume was just about Rs 10,000 crore in the third quarter last year, ...
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Virtual Currency Girls: World gets its first cryptocurrency pop group Kasotsuka Shojo, which means Virtual Currency Girls, features eight singers, each representing a different virtual currency, including ethereum and ripple, that are identifiable from their fuzzy masks. The band was recently launched by Japanese entertainment company Cinderella Academy, which also ...
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