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Australia Pauses for Record 16th Meeting Amid Currency Gains But the currency's 5 percent rebound since early December is a potential hurdle to returning growth to average and inflation to target. "An appreciating exchange rate would be expected to result in a slower pick-up in economic activity and inflation than currently forecast," the governor said. "The bank's ...
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Bitcoin bloodbath continues as digital currency falls another 12% with top central banker branding ... Speculators around the world dumped bitcoin yesterday as a leading central banker condemned it as no better than a Ponzi scheme. The digital currency slumped as much as 15 per cent to lows of $7,500 – down from nearly $20,000 at its peak just before Christmas. And a senior official at the Bank for ...
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VISA and Mastercard make it harder to buy Bitcoin and other cryptocurrencies In an email to all customers last night Coinbase confirmed the change, claiming "the MCC code for digital currency purchases was changed by a number of the major credit card networks" and will now allow banks and card issuers to charge "additional cash advance fees." When asked for comment a ...
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