Search Results for: One Financial Markets
Sweden’s central bank prepares for cashless future with e-krona
October 30th, 2018
Sweden’s central bank is pushing ahead with plans to build a technical framework for the issuance of a new electronic currency, the e-krona. The Riksbank started a project in the spring of 2017 to examine the scope for the ...
FCA published UK’s policy and regulatory approach to cryptoassets
October 30th, 2018
The Financial Conduct Authority (FCA) has, as part of a Treasury (HMT) led Cryptoasset Taskforce published a report on the UK’s policy and regulatory approach to cryptoassets. The Taskforce Report has considered the policy and regulatory implications of distributed ledger ...
Dollar holds near 10-week high; Euro lost 1.8 percent this month
October 29th, 2018
The dollar edged higher against a basket of its key rivals on Monday, not far off a 10-week high hit after data showed U.S. economic growth slowed less than expected and as global risk sentiment remained fragile. The U.S. ...
The biggest of big pictures
October 26th, 2018
I have had a request from Mrs Macleod to write down in simple terms what on earth is going on in the world, and why is it that I think gold is so important in this context. She-who-must-be-obeyed ...
Top EU banks guilty of multi-billion tax fraud
October 23rd, 2018
Tax-scams operated by the EU’s top banks cost treasuries €55.2bn, a cross-border investigation has shown. The scams, dubbed “the biggest tax robbery in European history”, involved Deutsche Bank and Santander – the largest lenders in Germany and Spain. They ...
Euro, Sterling try to steady as traders keep wary eye on Italy budget, Brexit
October 22nd, 2018
The euro and the British pound managed to hold steady against the dollar on Monday as investors cautiously awaited developments around Brexit as well as Italy’s budget plan which drew heavy criticism from the European Union. The dollar was ...
Firm and CEO to pay more than $2.5 Million for fraudulent Bitcoin ponzi scheme
October 19th, 2018
A New York federal court has ordered New York corporation Gelfman Blueprint, Inc. (GBI) and its Chief Executive Officer Nicholas Gelfman of Brooklyn, New York, to pay in total over $2.5 million in civil monetary penalties and restitution in ...
Bitcoin price down despite sudden huge price surge
October 18th, 2018
Bitcoin’s (BTC) price is down 0.65 percent today as the leading cryptocurrency’s market capitalisation oscillated from highs of $114.4billion (£87million) to lows of $112.8billion (£99million) over the past 24 hours of trading. It has been a relatively soft few ...
Last week was just a taste of the coming gold short squeeze
October 17th, 2018
The gold and silver futures markets got even more unbalanced last week, with speculators (who are usually wrong at the extremes) going as short as they’ve ever been and commercials going even more long. Here’s the gold data in ...
Cryptocurrencies suffer $18 billion drop in value over three days
October 15th, 2018
Bitcoin finally began to stabilize Friday, but not before the total cryptocurrency market lost $18 billion of its already waning value in the course of a few days. The entire market capitalization for cryptocurrencies fell by $18 billion over ...
