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Pound Sterling Growing in Popularity as Central Banks Seen Boosting Reserves of Sterling Central bank reserve managers are a relatively conservative bunch, unlike traders, and also unlike traders, they don't like volatility and research shows moves in a currency can impact that currency's share of international reserves. Indeed, not long after the referendum, China had slashed their GBP FX ...
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CFTC Accuses NY Firm, Owner Of Virtual Currency Scam Law360, New York (January 19, 2018, 5:10 PM EST) -- The U.S. Commodity Futures Trading Commission sued a Staten Island man and his company CabbageTech Corp. in New York federal court Thursday, accusing them of making off with funds they scammed from customers in exchange for advice ...
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Video: Bitcoin, crypto-currencies are all the rage, but what exactly are they? It's virtual, global currency with no bank or government backing it up, worth what others are willing to pay for it. "It has value because we believe its worth what it is just like the dollar its just a piece of paper," explains Bitcoin enthusiast Jacob Parrish. When Parrish started a bitcoin meetup group with Mark ...
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