Currency

Japan Endorses 11 Different Crypto Exchanges, Turns Into Friendliest Asian Bitcoin Market

Emerging Markets Japan’s Finacial Services Agency (FSA) announced last Friday that they are endorsing 11 different cryptocurrency exchanges. This sets Japan on a path to becoming the headquarters for everything Bitcoin, especially since China recently crippled their crypto market by banning exchanges. This means Japan now represents one of the most cryptocurrency-friendly countries in Asia.  Also read: India’s ...

Read More »

Money changers vow to defy government

ILLEGAL foreign currency traders in Masvingo have vowed to defy a government move to criminalise their trade, saying it is the same administration that has ushered them into the streets because of lack of employment. They said they can only stop if government avails employment opportunities for the general populace. BY Tatenda Chitagu This comes after government gazetted a law ...

Read More »

Malaysia’s reserves remain usable – BorneoPost Online | Borneo , Malaysia, Sarawak Daily News

KUALA LUMPUR: The country’s reserves as at end-August 2017 remain usable as indicated by the detailed breakdown of Malaysia’s international reserves under the International Monetary Fund’s Special Data Dissemination Standard. In a statement yesterday, Bank Negara Malaysia (BNM) said, the official reserve assets amounted to US$100.52 billion (US$1=RM4.22) as at end-August while other foreign currency assets amounted to US$1.24 billion. ...

Read More »

6 ‘illegal money changers’ charged under new law

Some of the illegal forex dealers at Tredgold Courts yesterday Thandeka Moyo, Court ReporterSIX suspected illegal money changers in Bulawayo have become the first to be charged under a new law that criminalises buying and selling forex. The law was gazetted on Thursday. Maritha Ncube (32) of Lobengula West, Celestino Panganai and David Madaba both from Cowdray Park, Enias Dzinavhanu ...

Read More »

RBZ probes banks | The Chronicle

Minister Patrick Chinamasa Pamela Shumba, Senior ReporterThe Minister of Finance and Economic Development Patrick Chinamasa has defended the use of bond notes and added that the Reserve Bank of Zimbabwe (RBZ) is investigating all banks as Government seeks to curb malpractices behind cash shortages. In a ministerial statement on cash shortages and bank charges delivered in Parliament on Thursday, Minister ...

Read More »

New Virtual Currencies Hit Barriers in U.S. and 2 Other Nations

The agency said on Friday that Mr. Zaslavskiy had told investors that he had a team of lawyers, brokers and accountants working on the project when, in reality, “none had been hired or even consulted.” The S.E.C.’s complaint, filed in federal court in Brooklyn, accused Mr. Zaslavskiy of fraud and asked for a freeze on his assets. Mr. Zaslavskiy, a ...

Read More »

Forex dealers, cops play hide and seek

Passers-by and police look at Zanu-PF Harare Province political commissar Shadreck Mayamombe’s branded vehicle which was stoned by #Tajamuka members protesting the police clampdown on forex dealers in Harare yesterday. – Picture by Innocent Makawa Freeman Razemba and Nyemudzai Kakore—Illegal foreign currency traders who operated on street corners in Harare yesterday went underground for fear of arrest and losing their ...

Read More »

IMF May Consider Adding Cryptocurrencies To Special Drawing Right Fund

News business and finance At the Bank of England’s 20-year anniversary of independence, the subject of cryptocurrency was a topic of discussion. Today, on September 29, 2017, Christine Lagarde, IMF’s managing director, made remarks celebrating the Bank of England’s 20 years of independence over monetary policy. Lagarde asks, “How will FinTech change central banking over the next generation?” She acknowledged that ...

Read More »

Bitcoin, Ethereum, Bitcoin Cash, Ripple, Litecoin: Price Analysis, September 29

The views and opinions expressed here are solely those of authors/contributors and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. * BTC/USD, ETH/USD and LTC/USD market data is provided by the HitBTC exchange. Japan is unperturbed with its neighbor’s crackdown on cryptocurrencies. While ...

Read More »