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| Head of Italy's League party says the common European currency is 'wrong' and is destined to ... The great fear for those overseeing the euro currency is that a party may come into government seeking to get out of the single currency and revert to the country's original currency. Externally, the eurozone economy faces another potential headwind from Trump, who said he planned to levy penalties of ...
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| Rakuten to launch 'borderless currency' Rakuten Coin Retailers see the potential for blockchain to ease currency issues in cross-border payments, and this is especially true for a global e-commerce company like Rakuten. The company services 29 countries and regions, and has 44,000 merchants selling goods just in Japan, it's biggest market, according to ...
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| KWG Resources creating its own chromite currency The proposed currency would be backstopped by future chrome production from the Black Horse chromite project, in what KWG calls a "bank-in-the-ground." This limited partnership is being headed up by Patrick Lilly, the CEO, and John Rule, the secretary-treasurer. KWG said it hopes to trade the Ferro ...
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| Trade Fight Boosts US Dollar Against Mexican, Canadian Currencies The dollar rose against the currencies of Mexico and Canada, as investors continued to weigh the repercussions of looming global trade conflicts. The dollar was recently up 0.7% at 1.2971 against the Canadian dollar, its highest level since last July. It gained 0.4% to 18.90 against the Mexican peso.
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| Fake currency racket busted in Jammu & Kashmir The Jammu and Kashmir police on Monday arrested a person in Rajouri and claimed to have foiled a racket dealing in circulation of fake currency in the border district. Identified as Sagheer Ahmed Chowdhary of Dodassan Bala village in Thanamandi area, Rajouri Senior Superintendent of Police ...
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| PayPal Files Patent For System To Speed Up Cryptocurrency Transaction Times U.S.-based payments giant PayPal has filed a patent with the U.S. Patent and Trademark Office (USPTO), published on March 1, to increase the speed of cryptocurrency payments. The patent describes an "Expedited Virtual Currency Transaction System", involving the use of secondary private keys to ...
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| FOREX-Euro stumbles as Italian election stokes political uncertainty Italy's election verdict and the subsequent brief sell-offin currency and bond markets showed that political risks in theeurozone were back on investors' radars, though recent strengthin its economy has made investors more tolerant of uncertaintythan last year. "Investors still believe that politics appear ...
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