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Brazil has joined fellow BRICS members China and India in taking a tough line on cryptocurrencies by banning them from the country’s financial markets. Read more The South American country’s securities regulator has prohibited local investment funds from buying digital cash, Reuters reports. Cryptocurrencies cannot be considered financial assets, the regulator ruled. Earlier in December, […]
Reuters/Carlos Barria Canadian government sources have become increasingly convinced that US President Donald Trump will soon pull out of NAFTA, which is news that pushed Canada and Mexico’s currencies lower and hurt stocks. More NAFTA negotiations are slated for the end of January, and it’s not certain the US will pull out. The US is […]
Published time: 22 Nov, 2017 11:57 Edited time: 22 Nov, 2017 12:00 Cryptocurrencies have now become a part of everyday life, and the worst thing we could do is to prohibit or ignore them, said Herman Gref the head of Russia’s largest lender Sberbank. “Virtual currencies are a natural outcome of blockchain technology. We may […]
Thomson Reuters BEIJING (Reuters) – Russia and China were considering linking their national payment system, Russian Prime Minister Dmitry Medvedev said on Wednesday, as he called for a more balanced global finance structure. Noting the rise of China’s Unionpay system and Beijing’s efforts to internationalize its currency, the yuan, Medvedev told a press conference in […]
BITCOIN and China always made odd bedfellows. Devotees of bitcoin love its independence from central authorities; in China the central authorities love their power. That they would accept a cryptocurrency that weakened their control over something as fundamental as the management of money seemed unlikely. Yet China had become the world’s biggest bitcoin market, dominating […]
After years of debate, the Bitcoin community could not come to an agreement about the future of the cryptocurrency. Now, the currency is set to split into two, leading to the creation of an entirely new currency called Bitcoin Cash. Bitcoin users have found themselves in the middle of a fight between developers, who want […]
In the last 24 hours, the pound has also risen three per cent against currencies in Canada, Argentina, Mexico and Australia. The exchange rate has noted a two per cent jump against 115 other countries around the world, including Russia, Brazil, China, Hong Kong, the UAE, Japan, the Czech Republic and Croatia. According to currency […]
GUEST: Just a few years ago, no one would have ever thought to associate gambling with esports, yet it’s fast becoming commonplace to make a bet on matches and major tournaments. The growing market for esports gambling is in fact a contentious issue, which you’ll notice in the discrepancies in revenues reported by gaming market […]
