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Epic Games, EA, Roblox Among Video Game Companies Hit with EU Complaint for 'Tricking Consumers'
An EU consumer complaint on Thursday accused videogaming firms of misleading gamers into spending money. The move against Epic Games, Electronic Arts, and Roblox among others has come amid rising concerns about children turning into gaming addicts.
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Liechtenstein to Adopt, Accept Bitcoin for Select Government Services: Here’s What We Know
Liechtenstein will soon accept Bitcoin as a mode of payment for select services. The move is expected to avoid exchange-rate risks by accepting Bitcoin deposits and immediately converting them for the country’s native fiat currency, the Swiss franc. The development has been confirmed by Daniel Risch, who serves as both the Prime Minister as well ...
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SWIFT Lays Out Blueprint for Central Bank Digital Currency Network After 8-Month Experiment
SWIFT, the financial messaging system that connects over 11,500 banks and funds around the world, has laid out a blueprint for a global central bank digital currency (CBDC) network. The plans for a CBDC network come after an 8-month experiment with the central banks of France and Germany and lenders such as HSBC, Standard Chartered and UBS. Once sc...
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China to Allow Direct Trade of Yuan With Swiss Franc
China's national foreign exchange market will introduce direct trading of the Swiss franc, the operator said today, as the country pushes greater international use of its yuan currency.
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Luxembourg Warns Germany of Catastrophe If It Pushes for Grexit
Luxembourg's foreign minister has made an impassioned plea for Germany to avoid a Greek exit from the euro, warning Berlin of a catastrophic schism with France if it pushes for Athens to leave the currency union.
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Eurozone May Need Extra Summit to Clinch Greek Deal
Eurozone finance ministers will try again today to break a deadlock over Greece's urgent need for further financing but it may take an emergency summit of the currency bloc in the coming week to clinch any deal.
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French Police Smash Illegal Bitcoin Trading Ring
French police said on Monday they had smashed an illegal Bitcoin trading network, seizing virtual currency worth 200,000 euros ($272,000) in the first such operation in Europe.
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Japan says Bitcoin not a currency, but taxable
Bitcoin is not a currency but transactions involving it should be "subject to taxation", Japan's government said Friday, in a move that could pave the way for formal regulations on the troubled virtual unit.
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Prime Minister Manmohan Singh arrives in St Petersburg for G20 summit
Prime Minister Manmohan Singh arrived in St Petersburg today to join other leaders at the 8th G20 summit and find ways to tackle the challenges faced by the global economy, especially the turmoil in currency markets.
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Epic Games, EA, Roblox Among Video Game Companies Hit with EU Complaint for 'Tricking Consumers'
An EU consumer complaint on Thursday accused videogaming firms of misleading gamers into spending money. The move against Epic Games, Electronic Arts, and Roblox among others has come amid rising concerns about children turning into gaming addicts.
-
Liechtenstein to Adopt, Accept Bitcoin for Select Government Services: Here’s What We Know
Liechtenstein will soon accept Bitcoin as a mode of payment for select services. The move is expected to avoid exchange-rate risks by accepting Bitcoin deposits and immediately converting them for the country’s native fiat currency, the Swiss franc. The development has been confirmed by Daniel Risch, who serves as both the Prime Minister as well ...
-
SWIFT Lays Out Blueprint for Central Bank Digital Currency Network After 8-Month Experiment
SWIFT, the financial messaging system that connects over 11,500 banks and funds around the world, has laid out a blueprint for a global central bank digital currency (CBDC) network. The plans for a CBDC network come after an 8-month experiment with the central banks of France and Germany and lenders such as HSBC, Standard Chartered and UBS. Once sc...
-
China to Allow Direct Trade of Yuan With Swiss Franc
China's national foreign exchange market will introduce direct trading of the Swiss franc, the operator said today, as the country pushes greater international use of its yuan currency.
-
Luxembourg Warns Germany of Catastrophe If It Pushes for Grexit
Luxembourg's foreign minister has made an impassioned plea for Germany to avoid a Greek exit from the euro, warning Berlin of a catastrophic schism with France if it pushes for Athens to leave the currency union.
-
Eurozone May Need Extra Summit to Clinch Greek Deal
Eurozone finance ministers will try again today to break a deadlock over Greece's urgent need for further financing but it may take an emergency summit of the currency bloc in the coming week to clinch any deal.
-
French Police Smash Illegal Bitcoin Trading Ring
French police said on Monday they had smashed an illegal Bitcoin trading network, seizing virtual currency worth 200,000 euros ($272,000) in the first such operation in Europe.
-
Japan says Bitcoin not a currency, but taxable
Bitcoin is not a currency but transactions involving it should be "subject to taxation", Japan's government said Friday, in a move that could pave the way for formal regulations on the troubled virtual unit.
-
Prime Minister Manmohan Singh arrives in St Petersburg for G20 summit
Prime Minister Manmohan Singh arrived in St Petersburg today to join other leaders at the 8th G20 summit and find ways to tackle the challenges faced by the global economy, especially the turmoil in currency markets.
