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| ADGM considers virtual currency exchange regulation The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) is reviewing and considering the development of a robust, risk-appropriate regulatory framework to regulate and supervise activities of virtual currency exchanges and intermediaries.
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| [Monitor] S. Korea to seal landmark currency swap deal with Switzerland This came after the BOK extended currency swaps with the People's Bank of China in October 2017 and agreed on a standing liquidity swap arrangement with the Bank of Canada in November 2017. The Swiss franc will mark the third key currency to be provided to Korea through a bilateral currency ...
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| New gold rush: Energy demands soar in Iceland for bitcoins With massive amounts of electricity needed to run the computers that create the precious bitcoins, large virtual currency mining companies have established a base in Iceland, a chilly North Atlantic island blessed with an abundance of renewable energy from geothermal and hydroelectric power plants.
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| UK export agency to accept Naira for trade payments In what appears a major confidence boost for the strength of the Nigerian national currency against other world currencies, the UK Export Finance Agency says it would soon add Naira to its list of "pre-approved currencies" for trade transactions. Reuters reported that Naira would soon become one of ...
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| 15 months after note ban, RBI still processing returned notes NEW DELHI: The RBI has said that Rs 500 and Rs 1,000 notes, returned to banks when the government demonetised high value currency 15 months ago, are still being "processed for their arithmetical accuracy and genuineness". This is being done in an "expedited manner", the central bank said.
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