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Australian Bank Bans Use Of Mortgage Funds For Crypto Speculation - Latest News


PoliticsNow: Preselect a woman, says Bragg as he exits Wentworth race

There’s speculation Mr Bragg stood aside ... Scott Morrison has tweeted congratulating the National Australia Bank on its decision not to change variable interest rates. “Good call by @NAB not to lift ... read more

What the world’s central banks are saying about cryptocurrencies

Here’s a wrap-up of how the world’s largest central banks (and some smaller ones) are approaching the crypto ... do with their use as an efficient and convenient form of electronic payment,” said Phil... read more

Expert speak: The biggest disruption in blockchains and cryptocurrencies is yet to come (Part I)

According to Pankaj Jain and Nitin Sharma, Singapore is expected to be a hub for a lot of crypto activity and blockchain company creation, ... China’s ban on ICOs and cryptocurrency exchanges sent sho... read more

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Weekly Commentary: Just The Facts

Investment-grade bond funds saw inflows of $438 million, while junk bond funds suffered outflows of $619 million (from Lipper). Freddie Mac 30-year fixed mortgage ... current use by the Fed and many o... read more


Is bitcoin in a bubble? Here are some of the arguments for and against

Bitcoin is a "speculative mania" according to the governor of the Reserve Bank of Australia ... increasing even without speculation and so there is a disincentive to spend it. Many big investors — inc... read more

Citibank, DB To Fight Possible ‘Criminal Cartel’ Charges In Australia

Amid an ongoing investigation in Australian banks, insurers, financial service providers and pensions funds for ... dollars into their mortgage books and boost capital to “unquestionably strong” level... read more

Don’t dismiss cryptocurrencies as the drug dealer’s friend

Rather than ban Bitcoin ... cryptocurrency, the crypto dollar. Officials in the Bank of England have looked — and quickly discarded — the same idea. Central banks like to think that they can control t... read more

Why unregulated cryptocurrencies could trigger another financial crisis

For a cryptocurrency to function as money it needs to fulfil three requirements. First, it should act as a medium of exchange whereby people can use it to buy and sell ... in December 2017 was largely ... read more

DAILY BRIEFING: Trump bans Venezuelan crypto currency

CURRENCY BAN Donald Trump has banned US firms and citizens from handling ... FAIR TAX Thousands of investors who use Hargreaves Lansdown will get an average of £100 each after it won a battle with HMR... read more

Indian Supreme Court backs ban on cryptocurrency including Bitcoin

India's top court refused to overturn a central bank ban on ... electronic money and also trying to cut off an avenue for crimes using digital coins, many nations such as Abu Dhabi and South Korea are ... read more

No cryptocurrency anytime soon, Bank of Canada says: 'We're very far off'

Anyone looking forward to the central bank issuing a digital currency for public use like Bitcoin or Ether should be prepared to wait a long time, she said. “I think we’re very far off,” she said. “Ou... read more

Cryptocurrencies like bitcoin cannot replace money, says Bank for International Settlements

The venerable Bank for International Settlements, a 90-year-old institution based in Switzerland, has issued a research report concluding that cryptocurrencies are afflicted with inherent contradictio... read more



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