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| Dollar begins year on back foot as euro shines The single currency was also higher against the Japanese yen at 135.64, reaching levels not seen since late 2015. Alvin Tan, an FX strategist at Societe Generale in London, said the end of a dollar funding squeeze typical of December, as well as a rally in commodity prices, had reduced demand for ...
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| Bank of England Solidifies Plans to Issue a Digital Currency in 2018 Central banks want to issue their own digital currencies. After the success of Bitcoin and various altcoins, such a decision was to be expected. So far, no institution has effectively done so, although things are progressing nicely behind the scenes. Venezuela, for example, will issue the Petro very soon.
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| Bitcoin, Ethereum or any crypto-currency trading illegal in India: Jaitley Bitcoins or such crypto-currencies are not legal tender and those indulging in such transactions are doing it at their own risk, Finance Minister Arun Jaitley said today as MPs expressed concern over trading on these platforms. During the Question Hour in Rajya Sabha, DMK member Kanimozhi sought to ...
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