Search Results for: virtual currency
The Rise and Fall of the Cypriot Economy (Part 2)
October 20th, 2014
Part 2 – Decline & Deleveraging Stage 4 In the fourth stage people start to become poorer but still think of themselves as rich. The decline is gradual and at first people didn’t realise it and in cases where ...
Kobre & Kim Adds Hong Kong Law to Follow the Money
October 6th, 2014
Kobre & Kim LLP, a law firm that secured an acquittal for one of the defendants in the U.S.’s first foreign bribery sting operation, added a local legal practice to its Hong Kong office this month according to latest ...
Bitcoin shows staying power as online merchants chase digital sparkle
August 28th, 2014
Bitcoin is catching on at U.S. online merchants including Overstock.com and Expedia, as customers use a digital currency that just a few years ago was virtually unknown but is now showing some staying power. “Bitcoin isn’t going anywhere; it’s ...
Technical Analysis EUR/USD targets 1.33
August 5th, 2014
Technical Analysis EUR/USD for August 5, 2014 Pair’s Outlook Trading was quiet yesterday, as the weekly pivot point kept EUR/USD afloat. But the currency pair is likely to breach the support at 1.3413 and head towards the 2013 Q4 ...
Asian stocks reach three-year peak, China holds gains
July 29th, 2014
Asian shares touched fresh three-year highs on Tuesday as investors in the region drew encouragement from a rally in Chinese markets, though caution was warranted given the torrent of U.S. economic news still to come this week. Hong Kong’s ...
Gold for bitcoin could be the new trend
July 28th, 2014
A new possible obstacle for regulators, including India, is ‘gold for bitcoin’ trades which are becoming the new trend in the world of anonymous transactions, keeping warm the desire to invest in virtual currencies. This comes at a time ...
USD/CAD reached 1.0815 on Economic Concern
July 28th, 2014
The Canadian dollar sank to a five-week low before reports next week that are forecast to show the nation’s economy is lagging behind that of the U.S., its biggest trading partner. The currency fell for a second day against ...
Singapore Says More Overseas Criminals Seek Bank Accounts
July 2nd, 2014
Singapore prosecuted a record number of money laundering cases and seized more than S$115 million ($92 million) of suspected criminal proceeds in 2013 as more overseas offenders seek out bank accounts in the city. “Singapore’s openness as an international ...
After BNP, U.S. targets on more banks
July 1st, 2014
BNP Paribas’ guilty plea and agreement to pay nearly $9 billion for violating U.S. sanctions is part of a larger U.S. Justice Department shift in strategy that is expected to snare more major banks and other firms across the ...
Canada Amends National Law to Regulate Bitcoin Businesses
June 24th, 2014
The Parliament of Canada has passed a bill that amends the country’s Proceeds of Crime (Money Laundering) and Terrorist Financing Act of 2000 to extend to both foreign and domestic businesses working in the bitcoin and digital currency sectors ...
