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Bitcoin's plunge leaves recent investors with heavy losses Bitcoin is the most traded digital currency in the world. The underlying technology, called blockchain, is essentially a public ledger of all virtual currency transactions. It allows market participants to track digital currency transactions without requiring central record-keeping, making them popular with some ...
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Sterling rises further on BoE rate hike expectations Although the pound jumped on the BoE's more hawkish tone, the currency's gains were muted, with the main focus of markets a sharp stock market selloff that has driven demand for the dollar. Since Monday, sterling was still down more than 1 percent against the dollar, leaving it on track for its worst ...
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Virtual currencies need firm global regulation: ECB's Mersch "Any virtual currency business of credit institutions needs to be rigorously supervised to ensure that risks emerging from such activities are contained," ECB Executive Board member Yves Mersch said at an event in London. Mersch said that proper protocols were needed to meet anti-money laundering ...
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Britain to Add Naira to List of Accepted Trade Currencies Britain's Export Finance Agency will add the Naira to its list of "pre-approved currencies", allowing it to provide financing for transactions with Nigerian businesses denominated in the local currency. The Naira will become one of three West African currencies that UK Export Finance has pre-approved for ...
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Antigua and Barbuda advised to fully utilise crypto currencies' technology Antigua and Barbuda has been advised to move past simply "embracing" crypto currencies to fully taking on board the technology that enables the existence of the virtual currencies such as Bitcoin. The counsel comes from Dr. Justin Ram, director of economics at the Caribbean Development Bank.
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Kerb Currency Market KARACHI, (UrduPoint / Pakistan Point News - 09th Feb, 2018 ):Following were the Closing Rates of foreign currencies in kerb market issued by the Forex Association of Pakistan (FAP), here on Friday. F.C LOW RATE HIGH RATE U.S $ (Inter Bank) 110.55 110.65 U.S $ (Cash Free Market) 111.20 111.50 ...
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Performance of Iran's gold & currency markets on Feb. 9 The price of one gram of the 18-karat gold increased by 1.31 percent over the last Iranian week to stand at 1,477,070 rials (about $32.3) on the weekend. The price of Bahar-e Azadi (Spring of Liberty) gold coin added 1.98 percent over the week and stood at 14,900,000 rials ($326.5) on the last day of ...
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Articles by Robert Herbison ... a Cryptocurrency Future Look Like? Feb 9 64 Views Robert Herbison. A Cryptocurrency Future – What would that actually look like? A cryptocurrency or digital currency is essentially virtual funding managed by sophisticated encryption methods, collectively known as cryptography. It first manifested …
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Iran's Financial Regulator Turns To Bonds & Gold To Stabilize Volatile Currency Market Iran's President Hassan Rouhani on Tuesday pledged to bring some stability to the country's volatile currency market in the wake of a recent rally of foreign currencies. "I advise the nation to shun stepping in this risky path [of the forex market] for their own good," Rouhani said, according to the Islamic ...
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