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Top global banking official warns of virtual currency risks In a speech in Frankfurt, Germany, Carstens said many people believe so far that, given the limited size of virtual currencies, "concerns about them do not rise to a systemic level." But he added that "if authorities do not act pre-emptively, cryptocurrencies could become more interconnected with the main ...
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Build reserves to support reintroduction of country's currency THE abandonment of Zimbabwe's sovereign currency in preference of the use of multi-currencies and the failure of the bond notes to achieve the intended monetary objectives has finally subjected the country to a currency crisis phenomenon. Particularly, the introduction of the bond notes has failed to ...
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Bra tycoon Baroness Mone seeks backers for 'Britcoin' As you might expect, Mone does not lack ambition for her currency launch later this month — she is appealing for "people power" to invest in "the next potential Snapchat or Facebook". But The Sunday Times has found alarming hazards in the small print: investors could lose everything and the scheme ...
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Police arrests duo along with pistol and currency in Srinagar Srinagar, Mar 3: Police arrested two persons along with arms and ammunition and Indian currency here in Kashmir capital Srinagar. Police sources said that acting upon a tip off, a special team detained two persons near Iqbal Park Srinagar. Sources added that during frisking a pistol, 2 magazines and ...
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