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Counterfeit currency racket busted at PNBS, three held Vijayawada: Police arrested three persons involved in a fake currency racket at Krishna Lanka police limits on Thursday evening. As much as Rs 53,000 and Rs 12 lakh in fake currency was seized. The accused were identified as Palle Raghav Reddy (50), Bandi Raju (35) and A Anjaneya Murthy (62).
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Cryptocurrency CRACKDOWN: World leaders to plan REGULATION of Bitcoin at G20 meeting "In the longer run, potential risks in the field of financial stability may emerge as well." The plans to hold discussions on digital currency comes after a large increase in interest in online money over the last 12 months. Bitcoin, the original cryptocurrency, had a value of just $954 in January last year but ...
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The Fed On Bitcoin: Much Ado About Nothing The story has included the digital currency's price plunging over the last month, as well as a wave of regulators – from Seoul to Singapore to Beijing to Berlin – who have suddenly realized that perhaps cryptocurrency in general needs a long, hard look. And, as of today, it looks like the Federal Reserve ...
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China: Beijing Bets on Oil Futures Currently, the U.S. dollar is still the backbone of the international financial system, particularly because of its use as a reserve currency and as the main currency used in international trade. But the primary reason the dollar remains a cornerstone of international business is the petrodollar, or the fact that ...
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