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New "Sovereign" Cryptocurrency Will Be Legal Tender in the Marshall Islands The new currency is called "Sovereign" with the symbol "SOV." The SOV, which will be distributed to the public via an Initial Currency Offering (ICO), will circulate as legal tender in the country, alongside its current local currency, the U.S. dollar. Y-combinator Israeli fintech startup Neema is partnering with ...
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New rule to regulate currency exchange booths' operations in Georgia The National Bank of Georgia has ratified new rule for currency exchange bureaus registration and regulation to meet the interests of the customers. The new rule obliges the currency exchange booths in Georgia to cancel the transaction and return the exchanged money back to the customer within 30 ...
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Currency Speculators Play Deaf as Analysts Yell 'Year of the Yen' BNP Paribas calls it "the year of the yen." Morgan Stanley proclaims it's the "land of the rising yen." While, Citi has turned into a dollar bear with its latest report "we continue to holler - sell the dollar." Though most speculators have still to heed them, analysts are lining up to call a higher yen, expecting its ...
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Bitcoin billionaire? Don't forget the IRS FILE- In this Dec. 8, 2017, file photo, a man uses a Bitcoin ATM in Hong Kong. The IRS says that cryptocurrency transactions are taxable by law. That means people who made money (or lost it) on Bitcoin trades, "mined" Ethereum or even bought a cup of coffee with digital currency face potential tax ...
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EM ASIA FX-Asian currencies fall on US rate hike fears Yuan, ringgit headed for three straight sessions of declines * Markets awaiting U.S. data later in the global day (Adds text, updates prices) By Ambar Warrick March 1 (Reuters) - Most Asian currencies lost ground against the dollar on Thursday as Federal Reserve chief Jerome Powell hinted that U.S. ...
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Nigeria: CBN Warns Nigerians On Investment in Crypto Currencies The Central Bank of Nigeria (CBN) has again cautioned Nigerians to be wary of investments in crypto currency as they are virtual currencies that are not legal tender in Nigeria. The Bank's Acting Director, Corporate Communications, Mr Isaac Okoroafor, in a statement on Wednesday in Abuja, said crypto ...
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The Wright Lawsuit Shows That Satoshi Conspiracy Theories are Alive and Well With the recent lawsuit filed against Craig Wright, the self-proclaimed Bitcoin "inventor," many continue to scrutinize Wright's claims. So far, his claims have not been proven, leaving many to provide their own theories on the identity of the mysterious figure behind the world's most popular digital currency.
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The Republic of ICON (ICX) ICON is not just another coin in the sea of altcoins – it is a currency with a bold idea to make all blockchains connected into an amazingly organized blockchain ecosystem. It seems that the more we are trying to follow up with the latest innovations and technological improvements, especially nowadays ...
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Exchange Fund Abridged Balance Sheet and Currency Board Account Exchange Fund Abridged Balance Sheet and Currency Board Account. The Hong Kong Monetary Authority (HKMA) announced today (Wednesday) that the total assets of the Exchange Fund amounted to HK$4,192.5 billion as at 31 January 2018, HK$169.0 billion higher than that at the end of ...
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