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Cryptos: A new gold standard for digital currency, or digital gold? Actually, both Cryptocurrencies share this same duality: They can be currency and commodity. But perhaps most importantly for the average person, they are also complex networking protocols that allow us to transfer money anywhere in the world, in near-real time. To force cryptocurrencies into an existing category ...
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Government to conduct field trials of plastic currency notes of Rs 10 in five cites New Delhi: The government has decided to conduct field trials of plastic currency notes of Rs 10 in five cites. Minister of State for Finance P Radhakrishnan informed the Lok Sabha regarding this decision on Friday. As regards plastic notes, the minister said: "It has been decided to conduct field trial of ...
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Federal Judge Says CFTC Can Regulate Virtual Currencies On March 6, a Federal District Court in the Eastern District of New York entered a 79-page order that provides the Commodity Futures Trading Commission (CFTC) the power to pursue virtual currency fraudsters. Judge Weinstein held that the CFTC has standing to seek relief related to misleading advice, ...
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