The perpetrators were involved in currency trading
on the black market, collecting expats' remittances and delivering their equivalent to their families in Egypt while using the money in Forex trading.
Malaysia is proposing a new currency based on gold as it is more stable as opposed to the current currency trading
which is manipulative, says Prime Minister Tun Dr Mahathir Mohamad.
In a nutshell, the Islamic community is divided on whether currency trading
is permissible for Muslims or whether it is haram.
The PJSB Trustbank of Uzbekistan has resumed participation in currency trading
,Trendreports via Uzbek media.
Citigroup Inc (NYSE: C) and UBS AG (NYSE: UBS) are collaborating to form a currency trading
hub in Singapore.
Commenting on the decline in currency trading
volumes, Bostan said that 'currency trading
fell as nobody is sure about the future of local currency since the Amarket is filled with speculations about further devaluation of rupee to Rs145 or more.
Fonacier said the BSP has laid down the framework for other currency trading
platform where it is the overseer.
'The banks participating in this memorandum of agreement will set in motion the process of setting up a self-regulating organization that will oversee a transparent currency trading
New York Attorney General Eric Schneiderman announced the launched of a "Virtual Markets Integrity Initiative," what he calls a "fact-finding inquiry into the policies and practices of platforms used by consumers to trade virtual or 'crypto' currencies like bitcoin and ether." As part of a broader effort to protect cryptocurrency investors and consumers, the Attorney General's office sent letters to thirteen virtual currency trading
platforms requesting information on their operations, internal controls, and safeguards to protect customer assets.
New York Attorney General Eric Schneiderman has launched an inquiry into the operations of virtual currency trading
platforms that are used by consumers to buy and sell cryptocurrencies like bitcoin and ether.
"To prevent financial risks, China will step up measures to remove any onshore or offshore platforms related to virtual currency trading
or ICOs," said an article published on Sunday night by Financial News, a publication affiliated to the People's Bank of China (PBOC).