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Bitcoin is an asset, not a currency: Israel's central bank JERUSALEM (Reuters) - Israel's central bank said on Monday it would not recognise virtual currencies such as bitcoin as actual currency and that it was difficult to devise regulations to monitor the risks of such activity to the country's banks and their clients. Deputy Governor Nadine Baudot-Trajtenberg ...
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Remember Dogecoin? The joke currency soared to $2 billion this weekend Nobody was supposed to take Dogecoin seriously. Back in 2013, a couple of guys created a new cryptocurrency inspired by the "doge" meme, which features a Shiba Inu dog making excited but ungrammatical declarations. "The price doesn't even matter," Dogecoin cofounder Billy Markus told ...
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A systematic framework to understand central bank digital currency It is significant for central banks to research on and develop digital fiat currency given the fast development of digital currency-related technologies and how it might reshape and transform the way financial sector operates. Currently, central banks around the world pay more attention to the application of ...
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China, Thailand renew currency swap deal BEIJING, Jan. 8 (Xinhua) -- The central banks of China and Thailand have decided to renew a currency swap agreement, the People's Bank of China (PBOC) said Monday. The agreement allows the PBOC and the Bank of Thailand to swap 70 billion yuan (about 10.8 billion U.S. dollars) for 370 billion ...
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Foreign currency seized from passenger at Chennai airport Chennai, Jan 8 Customs officials have seized foreign currency worth Rs 6.10 lakh from a 42-year-old passenger bound for Singapore, airport sources said here today. Acting on a tip off, the officials at the airport intercepted Mohammed Ibrahim Abdul Khader on January six at the Anna International ...
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