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Twitter CEO: Bitcoin Will Become The World's Single Currency Twitter CEO, Mr. Jack Dorsey, said in an interview published today by the well-known British newspaper "The Times" that according to his predictions, Bitcoin will eventually dethrone the Dollar and the Euro from their position and become the most important currency worldwide. He said he believes that ...
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Hong Kong's monetary authority pledges to defend currency peg after lifting lending rate to 2pc The Hong Kong Monetary Authority on Thursday affirmed that it would defend the currency peg. The HKMA raised the city's base lending rate by 25 basis points to 2 per cent, making the move in lockstep with an overnight increase of a similar magnitude by the US Federal Reserve, to maintain the Hong ...
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US Government Could Put Crypto Wallets on OFAC Sanctions List In a March 19 update to its FAQ on sanctions compliance, the department's Office of Foreign Assets Control notes that cryptocurrencies are treated the same as fiat currencies when it comes to Specially Designated Nationals - a list of people affiliated with the governments of sanctioned nations, terrorist ...
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