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Chinese central bank official reportedly says virtual currency trade needs to end A senior Chinese central banker says authorities should ban centralized trading of virtual currencies as well as individuals and businesses that provide related services, an internal memo from a government meeting seen by Reuters showed. In the memo outlining details of discussions at a meeting of ...
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Bundesbank says yuan to be included in currency reserves Germany's central bank has decided to include the Chinese yuan in its own reserves, in a further boost to the international status of the currency. Speaking at an event in Hong Kong yesterday, Bundesbank board member Andreas Dombret said the decision was taken last year following an investment of ...
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China is reportedly raising the bar on its cryptocurrency crackdown Last week, major digital currencies fell after reports of South Korea banning cryptocurrency trading via exchanges emerged. Bitcoin made a recovery Monday, however, trading 4.78 percent higher on CoinDesk at $14,269.80 a coin. CoinDesk's bitcoin price index tracks prices from digital currency ...
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Epic Games Sues Cheater For Creating Premium Currency in Fortnite BR Recently, Epic Games has sued Yash Gosai, who lives in Auckland, New Zealand, for creating V-bucks for their popular title Fortnite: Battle Royale. While this is the first gamer to purportedly create in-game currency for their title, Epic Games has already successfully sued one fourteen-year-old cheater ...
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MAS chief not keen on digital currencies for the public Digital currencies will not be issued to the public for the foreseeable future because the risks are just too high, according to Monetary Authority of Singapore (MAS) managing director Ravi Menon. Mr Menon told a UBS forum yesterday that while he is not ruling the idea out, he remains sceptical. "I am not ...
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