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...The dollar strengthened against all major Asian currencies, with the Korean won weakening as much as 0.5 per cent to Won1,329.52....
(It’s nothing)
From next month, bitcoin ‘halving’ will force companies to work twice as hard for rewards
Capital flows from institutional investors are driving up the price of tokens such as bitcoin
...Prepaid cards were being used as shadow currency long before bitcoin was invented....
...Before I go further, it’s important to point out that in absolute terms more money is laundered via sovereign currencies than bitcoin....
...Economists say the gap must remain narrow for the government to remove currency controls....
...Crypto conglomerate Digital Currency Group and its chief executive have filed to dismiss a lawsuit brought against it by the New York attorney-general, saying the claims are “a thin web of innuendo, mischaracterisations...
...Tether, with a $100bn market capitalisation, is three times bigger than its next rival — effectively serving as crypto’s reserve currency....
...But the government is also trying to tidy up its messy system of multiple exchange rates and end its years long currency peg. It has twice devalued its currency in eight months....
They haven’t even gone up much and now they’re expensive too
...Nigeria blocked access to several of the world’s largest cryptocurrency trading platforms, to try to halt the slide in its currency, the naira....
Prosecutors push back on convicted crypto kingpin’s pleas for leniency ahead of sentencing later this month
...Looming changes to the time it takes to settle trades on Wall Street pose a “systemic” risk to currency markets, European asset managers have warned....
Every day we stray further from God’s light
...Meanwhile, Cairo’s foreign currency revenue from shipping transiting the Suez Canal has been hit by attacks on vessels in the Red Sea by Houthi rebels in Yemen....
...We buy our cups of coffee, we get paid in dollars or yen or euros, and you have a whole central bank and support for one currency per economic region....
...It also devalued its currency, which has driven inflation to an almost three-decade high of 29.9 per cent....
Plus, crypto’s billion-dollar ransomware problem
...Bitcoin prices are at fresh record highs in many currencies. In dollars the cryptocurrency is up more than 40 per cent over the past month. The $69,000 intra day high set in 2021 is within reach....
...The country is cracking down on currency speculation as the naira falls. The exchange decided to delist the naira from its site....
...This month, it is 25 years since 12 EU countries merged their currencies and the euro was born....
...The pound climbed 0.6 per cent to a seven-month high of $1.2893 against the US currency on Friday, before paring gains to end the week at $1.2857....
The FCA has said it will allow listing requests but only give access to ‘professional investors’
...The US dollar strengthened against a basket of currencies on Tuesday as global markets responded to hawkish comments from European Central Bank officials....
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