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| Bank of America is worried about the threat of cryptocurrency to its business The company added that widespread adoption of new technologies in financial services, including cryptocurrencies, "could require substantial expenditures" in order to adapt to evolving industry standards and consumer preferences. The SEC filing also noted that digital currencies limit the bank's ability ...
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| Turkish Minister Proposes National Cryptocurrency The minister asserted that cryptocurrency adoption is growing among Turkish citizens despite the country's current legal vacuum regarding virtual currencies. "The need for regulation is obvious," Mr. Tanrikulu stated, adding that "the use of those currencies in illegal activities must be prevented." ...
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| Venezuelan President Asks Banks to Mine the National Cryptocurrency. Unions are Aghast. Venezuela formally launched its new oil-backed cryptocurrency on Tuesday in an unconventional bid to haul itself out of a deepening economic crisis. The leftist Caracas government put 38.4 million units of the world's first state-backed digital currency, the Petro, on private pre-sale from the early hours.
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| Do You Know This Man? - February 23, 2018 The new paper currency provided a permanent, uniform and stable national currency. Chase's own face appeared on a variety of early U.S. paper currency, starting with the $1 bill. More than a half century later, an image of Chase would again appear on U.S. currency. His likeness appears on the ...
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| Menendez Hints At US Action on Venezuela's Controversial Crypto It states that "a currency with these characteristics would appear to be an extension of credit to the Venezuelan government" - prohibited by an August 2017 executive order signed by President Donald Trump - and that "U.S. persons that deal in the prospective Venezuelan digital currency may be ...
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| US dollar likely to weaken as deficit rises, political uncertainty persists The greenback has already fallen nine per cent (in trade-weighted terms) since Donald Trump became President, and since the currency is usually positively correlated to the U.S. budget balance, its direction will likely continue to be down. Deficits run by Ronald Reagan's administration in the 1980s ...
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| Should cryptocurrency exchanges be regulated? (Part I) 944 requires a virtual currency exchange that deals in cryptocurrencies like bitcoin to obtain from the BSP a Certificate of Registration to operate as a remittance and transfer company. As a Virtual Currency (VC) Exchange, the bitcoin (or other cryptocurrencies) shall conform to the guidelines issued by ...
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| Global Currency Reserve (GCR) Trading 8.5% Lower This Week Global Currency Reserve logo Global Currency Reserve (CURRENCY:GCR) traded down 1.4% against the US dollar during the 1 day period ending at 6:00 AM ET on February 1st. Global Currency Reserve has a total market capitalization of $12.28 million and approximately $55,616.00 worth of Global ...
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| ICON (ICX) Global Connection Icon has the ability to create communities that will have their own structured set of currency's. Each community's currency will sustain itself. Those structured currencies will be convertible to higher valued currencies belonging to larger communities. Exchanges can be made in essence without disrupting ...
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