Currency
RBI Exploring Pros & Cons of Central Bank Digital Currency in India
Breaking News LIVE Updates 28 May 2022: The monkeypox virus has spread to more than 21 countries, with about 200 confirmed cases and over 100 suspected cases in nations where it is typically not found, the World Health Organization (WHO) said. The global health body has urged nations to increase surveillance of the infectious disease …
JPMorgan and Citi are using blockchain technology, and other banks are considering allowing clients to hold crypto in bank accounts, Bank of America research finds | Currency News | Financial and Business News
Reuters Bank of America research published Tuesday shows banks like JPMorgan and Citi use blockchain technology. Other smaller banks said they are open to allowing clients to hold cryptocurrencies in the future. The research sheds on light on where traditional financial institutions stand on blockchain amid bitcoin’s massive rally. Sign up here for our daily …
Bitcoin plunges 18% as investors grow wary of record-breaking rally | Currency News | Financial and Business News
Dado Ruvic/Reuters Bitcoin plunged as much as 18%, to $45,000, on Tuesday before slightly paring some losses as sky-high cryptocurrency valuations unnerved investors. The cryptocurrency traded 13% lower, at $47,608.24, as of 11:45 p.m. in New York. Bitcoin has soared in 2021, with the price more than doubling this year to …
Bitcoin, ether hit fresh highs
SINGAPORE (Reuters) – Bitcoin hit a fresh high in Asian trading on Saturday, extending a two-month rally that saw its market capitalisation cross $1 trillion a day earlier. The world’s most popular cryptocurrency rose to an record $56,620, taking its weekly gain to 18%. It has surged more than 92% this year. Bitcoin’s gains have …
Bitcoin on track for biggest weekly fall since September as Janet Yellen and ‘double spend’ spook traders | Currency News | Financial and Business News
Bitcoin has had a volatile couple of weeks after hitting a record high of close to $42,000 R.Tsubin/Getty Images The bitcoin price was set for its biggest one-week fall since September on Friday morning, having slipped around 9% since Monday. Bitcoin – which hit an all-time high of close to $42,000 on …
Ripple faces a SEC lawsuit for breaking investor-protection laws when selling its XRP cryptocurrency | Currency News | Financial and Business News
Jack Taylor/Getty Images Ripple plans to defend itself against an expected SEC lawsuit over allegedly breaking investor-protection laws while selling its cryptocurrency, XRP. In a series of tweets, Ripple CEO Brad Garlinghouse blasted the SEC’s decision to sue his firm right before the holidays. “Ripple has and will continue to use XRP because it is …
S&P 500 and Nasdaq close at record highs as investors bet that a vaccine will drive an economic rebound | Currency News | Financial and Business News
Getty Images / Scott Olson US stocks gained on Tuesday as vaccine progress further boosted equities hit hardest by the pandemic. The S&P 500 and Nasdaq composite rose to record highs. Investors cheered Pfizer and BioNTech’s application for regulatory approval for their coronavirus vaccine in the European Union. If approved, the shot …
Banknote Technology Report Showcases Nanotech’s KolourDepth as One of the Top New Security Features for Currency Authentication
VANCOUVER, British Columbia, June 04, 2020 (GLOBE NEWSWIRE) — Nanotech Security Corp. (TSXV: NTS) (OTCQX: NTSFF) (“Nanotech” or the “Company”), a leader in the development of secure and memorable nano-optic security features used in the government and banknote and brand protection markets, is pleased to announce its KolourDepth™ product was featured in BIN’s ‘Banknote Technology …
French central banker says digital currency cannot be private
FILE PHOTO: Governor of the Bank of France Francois Villeroy de Galhau delivers a speech to open a conference entitled “Bretton Woods: 75 years later” in Paris, France, July 16, 2019. REUTERS/Philippe Wojazer PARIS (Reuters) – Digital currency could be useful as cash transactions dwindle in some countries but central banks should be in charge …
British pound: Brexit countdown has sent the currency on a wild ride
A Brexit agreement “feels unlikely” to be reached on Wednesday during crunch talks between UK and EU negotiators, a government source has told CNN. The source says 10 Downing St is “guiding operationally not to expect anything tonight.” Traders remain on edge as British Prime Minister Boris Johnson races to hammer out an agreement to …