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Bloomberg : China Is Developing its Own Digital Currency

Bloomberg : China Is Developing its Own Digital Currency picture-10688-310x165

as mentioned in “Talking about the impact of digital money now is like trying to predict how the Internet would transform lives in the 1980s,” OKCoin’s Duan said. All of that poses a challenge to the PBOC’s status as the central bank of both the digital and physical realms. China’s central …

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The Telegraph declare : EU’s ‘currency nationalism’ could splinter world’s financial system, warns Bank of England deputy

The Telegraph  declare : EU’s ‘currency nationalism’ could splinter world’s financial system, warns Bank of England deputy picture-10568-310x165

collected by :Donald Luther referring to “A policy of ‘currency nationalism’ is not a necessary condition for either financial or indeed monetary stability – as is demonstrated by international experience in relation to financial market infrastructure over recent decades,” Sir Jon said, avoiding mentioning the EU directly. If the EU singles …

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Times LIVE : If guilty of collusion‚ currency traders must face full might of law‚ says DA

Times LIVE : If guilty of collusion‚ currency traders must face full might of law‚ says DA picture-10470-310x165

as declared in “The DA regards collusion in an extremely serious light‚ as it shortchanges and harms the consumer‚ and serves to perpetuate economic injustice‚” said DA spokesman on economic development Michael Cardo. “The Competition Tribunal must be allowed to test the evidence and adjudicate accordingly‚ free from political interference‚” Cardo …

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