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| Govt to finalise crypto currency report in two months: Economic Affairs Secy We don't like the word currency. Nobody has the authority to issue currency or coins. So, these are misnomers, wrong expressions. We prepared to treat them as crypto assets. Once we recognise that these are assets and not allowed as currency or coins, then if it is used in making payments of illegal ...
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| Making currency swap deal with China usable The debate about using local currencies under CSA in bilateral trade is unsettled in Pakistan. Chinese have proposed to use yuan, instead of the US dollar. The government has indicated that the Chinese demand is under consideration, while SBP through its press release on Jan 2, 2018 has stated that ...
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| Crypto Currency, ICO Ads Disappear From China's Social Media Platforms The effect of China's clampdown on the crypto currency market is slowly being felt as Chinese social media sites no longer carry crypto currency ads. China began showing its hostility towards crypto currencies a few months back by announcing a blanket ban on ICOs, saying that 90% of them are ...
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| New virtual currency curbs The People's Bank of China (PBOC), the country's central bank, will take regulatory measures against the use of overseas virtual currency exchange platforms, the Financial News newspaper, which is affiliated with the PBOC, reported on Sunday. The report said that after China issued tough regulations ...
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| Dollar steadies as US payrolls fuel inflation expectations, send bond yields up The dollar index against a basket of six major currencies .DXY stood little changed at 89.222 after gaining 0.6 percent on Friday, when the U.S. payrolls report showed wages growing at their fastest pace in more than 8-1/2 years and fuelling inflation expectations. Futures markets <0#FF:> reacted by ...
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