Tag: virtual currencies

EU will monitor not regulate virtual currencies

EU will monitor not regulate virtual currencies

Written by on January 26, 2016 in News with 0 Comments

LONDON (Reuters) – The European Union will monitor rather than regulate “hyped” virtual currencies for now, because too little is known to justify new rules beyond reining in specific risks like money-laundering, the body’s executive said on Monday. The world’s 600 virtual currencies are tiny, with bitcoin alone accounting for 90 percent of the $7 […]

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If cash is king – the king is dying

If cash is king – the king is dying

Written by on January 21, 2016 in Billing & Payments, News with 0 Comments

Cash could become history within a decade, thanks to new financial instruments, including virtual currencies, some of the world’s leading bankers said during the World Economic Forum on Wednesday (20 January). The impact of technology, the overarching theme of this year’s meeting, will be very significant. The evolution would be so significant that John Cryan, co-CEO […]

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