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German central bank to include yuan in its currency reserve Speaking on a panel at the Asian Financial Forum in Hong Kong, Andreas Dombret of Deutsche Bundesbank said the move was prompted by the currency's earlier inclusion into the International Monetary Fund's basket of elite currencies with special drawing rights. But he warned the current capital ...
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Gov't to make decision on proposed virtual currency exchange shutdown after sufficient consultation The Office for Government Policy Coordination made the announcement, downplaying the justice minister's remark last week that the government is working on legislation to close all virtual currency exchanges to fight speculation. "The proposed shutdown of exchanges that the justice minister recently ...
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End of Inflation? The Radical Vision of Futures-Backed Cryptocurrency Part psychologist, part accountant, part industrial engineer, the senior executive in charge of user experience at enterprise software firm SAP has devised a way to merge cryptocurrency with modern financial instruments that could make national currencies appreciate in value. But in exchange for this ...
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Indonesia Central Bank Warns Against Virtual Currencies (RTTNews.com) - Indonesia's central bank issued a warning against cryptocurrencies on Saturday, saying they were highly risky, and joining its counterparts in other countries in raising concern over the excessive price surge in the unregulated digital currency market. "Virtual currencies, including ...
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