Search Results for: MoU
Bank of England announced Bank Rate held at 0.25%
September 15th, 2017
The Bank of England has issued a press release to announce monetary policy summary. According the announcement: The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that ...
Top China Bitcoin exchange to stop trading
September 15th, 2017
One of China’s biggest Bitcoin exchanges has said it will stop trading, after a government warning over virtual currencies. BTCC said it would stop buying and selling on 30 September in response to tightening regulation. It comes after authorities ...
Bitcoin mining has become very big business
September 14th, 2017
In China’s Hinterlands, Workers Mine Bitcoin for a Digital Fortune One of the largest sources of Bitcoin can be found in the grasslands of Inner Mongolia, despite Chinese skepticism over its potential for risk. They worked as factory hands, ...
Bitcoin and ethereum slide after JPMorgan Chase boss slams cryptocurrencies as “fraud”
September 13th, 2017
JPMorgan Chase chief executive Jamie Dimon slammed cryptocurrencies as a “fraud” last night, pushing the already slipping value of Bitcoin down another notch. Bitcoin hit a three-week low today following his remarks, dropping 5.6 per cent to $3,953, while ...
FINRA fines broker dealer $750,000
September 13th, 2017
FINRA Hearing Panel Fines C.L. King & Associates $750,000 for Negligent Misrepresentations and Omissions in Connection with Death Put Investments and AML-Related Violations The Financial Industry Regulatory Authority (FINRA) announced that a FINRA extended hearing panel censured Albany, NY-based ...
European Commission welcome digital taxation proposal
September 12th, 2017
The European Commission has today welcomed a joint proposal from the so-called Big Four member states – France, Germany, Italy and Spain – on the taxation of large digital companies. The Irish Government is, however, expected to express caution ...
ASIC bans former financial adviser for five years
September 11th, 2017
ASIC has banned former financial adviser Daniel Gerard Manley from providing financial services for five years. ASIC found that Mr Manley engaged in conduct that was misleading or deceptive, or likely to mislead or deceive, clients and employees of ...
China Is Said to Ban Bitcoin Exchanges While Allowing OTC Trades
September 11th, 2017
China plans to ban trading of bitcoin and other virtual currencies on domestic exchanges, dealing another blow to the $150 billion cryptocurrency market after the country outlawed initial coin offerings last week. The ban will only apply to trading ...
China is starting to roll back measures meant to prop up its currency
September 11th, 2017
China is starting to roll back measures meant to prop up its currency after a recent surge in the yuan erased all of last year’s losses. Starting today, the central bank has scrapped a reserve requirement rule on trades ...
Freedom Financial Network Advises Millennials to Start Thinking About Retirement Early
September 8th, 2017
Though common belief dictates that millennials (consumers born between the mid-80’s to the early 2000’s) prefer to indulge themselves in the “now” with technology and affordable luxuries rather than save, research has found that millennials actually are saving large ...
