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Crypto 'Doesn't Pass Test Of What A Currency Should Be', Says Likely NY Fed President The expected next president of the New York Federal Reserve Bank said that cryptocurrency "doesn't pass the the basic test of what a currency should be", CNBC reports April 20. John Williams, who is currently the head of the San Francisco Federal Reserve Bank said in a speech Friday that a currency ...
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DeMO led to highest fake currency, dubious transactions: Report New Delhi, April 20. The country's banks received an all-time high amount of fake currency and also detected an over 480 per cent jump in suspicious transactions post-demonetisation, a first-ever report on dubious deposits made in the wake of the 2016 notes ban has revealed. The banks, including ...
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