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Venture capitalists seek 'safe harbor' for virtual currencies Venture capitalists and entrepreneurs have been lobbying federal regulators to protect at least some virtual currencies from being categorized as securities, a designation that would carry significantly more oversight. The venture capital firm Andreessen Horowitz helped assemble a group of investors ...
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Expected Next In Line Fed President Claims Bitcoin Doesn't Pass Test for a Currency Speaking during a speech on Friday, John Williams, named to take over from William Dudley as the New York Federal Reserve president in June, argued that 'cryptocurrency doesn't pass the basic test of what a currency should be.' According to Williams, a currency should have 'a store of value,' and ...
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Bill to create single East African Currency tabled in EALA The establishment of the Monetary Union is expected to lead to the attainment of a single currency for the region. Francis Jjingo is in Dodoma, Tanzania. The East African Community is moving to actualize the third pillar of the regional bloc as it seeks to realize full integration. The East African Monetary ...
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