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Digital currency sales face rocky path with more regulatory focus The SEC has cracked down on companies that have fraudulently solicited funds from investors claiming to invest the cash in virtual currencies or ICOs and sent several subpoenas to companies that raised large amounts of cash. Overstock.com disclosed in a filing that the SEC was investigating its ...
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Banks warned to weigh risks of issuing their own virtual currencies FRANKFURT, Germany — A global financial body is warning that central banks should carefully weigh the risks before introducing their own virtual currencies, saying such innovations could risk destabilizing banking systems and unleash disruption across borders. But it said some forms of digital ...
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An Introduction to Decred – Autonomous Digital Currency Some of Bitcoin's most significant challenges revolve around the lack of equity in governance. Decentralized currencies should distribute power evenly across their networks. Despite this, it seems as though miners currently have too much power. These are the issues that Decred aims to solve. Short for ...
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Data as currency: how the digital market is changing Because data is currency, online platforms and retail websites should want to engage more fairly with their customers. Their custom not only fuels direct revenues, but their data also enables the platforms to a) tailor offering and sell more than they would otherwise and b) use the data to generate revenue ...
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Groups want implementation of ECOWAS single currency The West African Food Market Programme (WAFM) and the National Association of Nigerian Traders (NANTS) have called for speedy implementation of the ECOWAS common currency to reduce the challenges of currency exchange. The call was part of a communiqué issued at the end of a capacity ...
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Airtel to raise up to Rs 16500 crore via foreign currency bonds and NCDs Bharti Airtel will raise up to Rs 16,500 crore by floating privately placed non-convertible debentures (NCDs) and a foreign currency bonds. In a meeting of its board, the company approved issuance of NCDs worth Rs 10,000 crore and foreign currency bonds up to a limit of US $1 billion or roughly Rs ...
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