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  • September 22, 2014
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  1. News - World - CURRENCY

    Ecuador set to be first country to issue its own digital currency

    Posted Aug 29th 2014, 11:14pm by AP

    ... Associated Press in Quito, Ecuador Ecuador to issue its own digital money Ecuador is planning to create the world's first government-issued digital currency, with some analysts saying it may be a first step towards abandoning the country's existing currency, the US dollar- which the government cannot control. The virtual currency, which central bank officials say ...

    http://www.scmp.com/news/world/article/1581896/ecuador-set-be-first-country-issue-its-own-digital-currency
  2. News - World - SCOTLAND

    Currency union 'not in Scotland's interests', says: Alistair Darling

    Posted Aug 11th 2014, 04:49am by Reuters

    ... Reuters in Edinburgh Currency union 'not in Scotland's interests' A formal currency union would not be in the interests of an independent Scotland, the leader ... uncertainty over what currency would be used if Scotland leaves the United Kingdom remains a major campaign issue. Britain's three main political parties have ruled out a formal currency union, ...

    http://www.scmp.com/news/world/article/1570778/currency-union-not-scotlands-interests-says-alistair-darling
  3. News - China - ECONOMY

    US Treasury secretary leaves talks with China pledge to reduce currency intervention

    Posted Jul 11th 2014, 04:36am by Victoria Ruan

    ... Victoria Ruan victoria.ruan@scmp.com Commitment to limit control is significant, but challenges remain in carrying it out, US says Beijing pledges to reduce currency intervention US Treasury Secretary Jack Lew praised the annual dialogue with his Chinese counterparts as "good and productive", after Beijing agreed to reduce intervention in the currency market ...

    http://www.scmp.com/news/china/article/1551487/us-treasury-secretary-leaves-talks-china-pledge-reduce-currency
  4. News - World - THE NETHERLANDS

    Greenpeace employee fired after losing €3.8m in currency bet

    Posted Jun 16th 2014, 09:06pm by AFP

    ... gamble on international currency markets, the group said. "Nothing suggests at this point that he acted for personal gain. It seems to be a terrible miscalculation," Greenpeace communications director Mike Townsley said on Sunday. The unnamed employee "went above his authority" in agreeing to the deal with a broker, who was meant to mitigate currency losses ...

    http://www.scmp.com/news/world/article/1534168/greenpeace-employee-fired-after-losing-eu38-currency-bet
  5. News - World - bitcoin

    Apple opens the door for digital currencies, such as bitcoin

    Posted Jun 03rd 2014, 09:46pm by DANNY LEE

    ... Danny Lee danny.lee@scmp.com Apple opens the door for digital currencies Hong Kong's biggest virtual currency trading platform hopes to benefit from a rewrite of rules by Apple ... positive step that Apple is recognising virtual currencies are a big part of the online ecosystem and they are going some way to acknowledge that in some degree and hopefully they'll embrace ...

    http://www.scmp.com/news/world/article/1524753/apple-opens-door-digital-currencies-such-bitcoin
  6. News - Hong Kong - VIRTUAL CURRENCY

    Li Ka-shing boosts bitcoin investments amid currency crackdown in China

    Posted May 14th 2014, 06:38pm by DANNY LEE

    ... Danny Lee danny.lee@scmp.com Asia’s richest man Li Ka-shing has boosted his investment in bitcoin, in a vote of confidence for the beleaguered digital currency, amid a crackdown on its ... currency regime, told the South China Morning Post in December, said investors should follow Li’s move to buy into firms providing the services that bitcoin holders use. Horizons has a long ...

    http://www.scmp.com/news/hong-kong/article/1512113/li-ka-shing-boosts-bitcoin-investments-amid-currency-crackdown-china
  7. News - World - CURRENCIES

    MIT to give US$100 of bitcoin to all students to foster use of virtual currency on campus

    Posted Apr 30th 2014, 11:12pm by GDN

    ... The Guardian US$500m project backed by university graduate aims to foster virtual currency use MIT to give US$100 of bitcoin to all students Undergraduates at the Massachusetts Institute of Technology will be given US$100 worth of bitcoin when they return to study this autumn, in an attempt to jumpstart a bitcoin ecosystem. The project is being led by Jeremy Rubin, 19, an undergraduate ...

    http://www.scmp.com/news/world/article/1501107/mit-give-us100-bitcoin-all-students-foster-use-virtual-currency-campus
  8. Business - Banking & Finance - BONDS

    Britain to issue first yuan offshore bond this year

    Posted Sep 14th 2014, 06:34am by Reuters

    ... government to issue an offshore bond in China's currency, finance minister George Osborne has said. The move marks a deepening of London's efforts to build financial links ... visit to London. "I can now announce that the UK government intends to be the first national government outside of China to issue a bond in China's currency," said Osborne, ...

    http://www.scmp.com/business/banking-finance/article/1591929/britain-issue-first-yuan-offshore-bond-year
  9. News - World - bitcoin

    Pair admit abetting transfer of bitcoins to rogue website Silk Road

    Posted Sep 05th 2014, 10:15pm by AP

    ... Associated Press in New York Defendants let digital currency reach website despite knowing most of its deals were illegal Pair admit enabling Silk Road to use bitcoin The top executive of a New York-based bitcoin company and a Florida bitcoin exchanger have pleaded guilty to charges in a US federal court that they enabled the digital currency to be funnelled to the black market ...

    http://www.scmp.com/news/world/article/1586108/pair-admit-abetting-transfer-bitcoins-rogue-website-silk-road
  10. News - Asia - CAMBODIA

    Cambodian police bust Thais carrying US$7m in fake dollar bills

    Posted Sep 20th 2014, 03:13pm by AP

    ... term of five to 10 years if convicted of trafficking counterfeit currency. ...

    http://www.scmp.com/news/asia/article/1596781/cambodian-police-bust-thais-carrying-us7m-fake-dollar-bills

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