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| Nigerian Senate probes scarcity of lower denomination currency notes The Senate has commenced investigation into why Nigerian banks no longer dispense lower naira denominations. The Senate said if the situation was not remedied urgently, it may lead to total collapse of the economy. It therefore mandated its Committee on Banking, Insurance and other Financial ...
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| European officials: Virtual currencies are no way to pay Several of Europe's top finance officials are skeptical about virtual currencies like bitcoin, saying they are risky for investors and inefficient as a way to pay for things. Germany's top monetary official, Jens Weidmann, said in a speech Wednesday that virtual currencies such as bitcoin are not good means ...
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| Today's "Planet Earth Report" --Crypto-Currency Mania 'Hinders Search for Alien Life' Demand for GPUs has soared recently thanks to crypto-currency mining. "That's limiting our search for extra-terrestrials, to try to answer the question, 'Are we alone? Is there anybody out there?'," Dr Werthimer told the BBC. "This is a new problem, it's only happened on orders we've been trying to make ...
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| Iran: Police Arrest Currency Dealers, Close Exchange Shops Iran: Police Arrest Currency Dealers, Close Exchange Shops. Print. Iranian police working with the Central Bank of Iran have arrested 90 currency dealers and closed 10 currency exchange shops in Tehran, Trend News Agency reported Feb. 14, citing Tasnim News Agency. The crackdown occurrs as ...
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