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| ABA House of Delegates approves novel virtual currency draft legislation Miller notes that the bill does not regulate the underlying technology of virtual currency, called blockchain, often described as a distributed ledger. Instead, the draft law focuses on licensing businesses associated with virtual currencies, like money transmitters and money services. In that regard, the draft ...
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| UPDATE 1-Virtual currencies need firm global regulation - ECB's Mersch LONDON, Feb 8 (Reuters) - Cryptocurrencies like bitcoin and the banks and financial firms that trade them need to be more closely regulated, one of the ECB's top policymakers said on Thursday. Officials from the world's top economies are set to discuss the impact of digital currencies at next month's ...
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| S. Korea, Switzerland agree on currency swap deal SEOUL, Feb. 9 (Yonhap) -- South Korea and Switzerland have clinched a standing bilateral currency swap deal that will help expand financial exchanges between the two countries, Seoul's central bank said Friday. The Bank of Korea (BOK) said its governor Lee Ju-yeol and the chairman of the Swiss ...
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| Foreign Currency Account Scheme 9 February 2018 FOREIGN CURRENCY ACCOUNTS SCHEME -- RATES BAY BID MAXIMUM RATES FOR PAYMENT OF INTEREST BY ETHERIZED DEALERS R A T E S U. S. DOLLARS VALUE 09-02-18 For 3 months and over but less than 6 months 1.5499% PA 2.2999% PA For 6 months and over but less than 12 ...
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