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S.Korea inspects 6 banks over clients' virtual currency accounts SEOUL, Jan 8 (Reuters) - South Korea's financial regulator said on Monday it is jointly carrying out inspections on six local banks that offer virtual currency accounts to institutions. The joint inspection by the Financial Services Commission (FSC) and Financial Supervisory Service (FSS) will check if ...
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Let the search begin for viable alternatives to the world's fiat currencies. Is bitcoin the answer? This one is beyond me. As much as bitcoin's recent trading does indeed exhibit the traits of a speculative bubble, I think there may be a lasting role for cryptocurrencies other than as a criminal's money laundering currency of choice, which the reported impossibility of tracing transactions certainly makes ...
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EM ASIA FX-Most Asian currencies in tight range; Taiwan dollar firms to over 4-year high (Updates prices, adds background) By Aditya Soni Jan 8 (Reuters) - Most emerging Asian currencies traded within a tight range on Monday, as positive sentiment towards them from a rise in global risk appetite was somewhat offset by a recovery in the U.S. dollar. Asian shares crept toward all-time ...
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