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IMAGINE a beautiful beach where families are gathered on a clear day with blue skies. Different families are building sandcastles, whilst some are playing on the beach. No one is watching that a tsunami of different waves is approaching the shore.
A Bank of Japan move to launch a digital currency would be conditional on public support, according to a senior BOJ official.
PayPal Holdings Inc’s decision to open its network to bitcoin and its rivals was hailed by virtual coin enthusiasts as a watershed moment for cryptocurrencies and their path towards becoming a widespread means of payment.
LONDON: PayPal Holdings Inc's decision to open its network to bitcoin and its rivals was hailed by virtual coin enthusiasts as a watershed moment for cryptocurrencies and their path towards becoming a widespread means of payment.
THE Bank of England (BoE) talks so much about negative interest rates that it might avoid having to actually use them.
MANILA (Philippine Daily Inquirer/ANN): The central bank recently completed its study on digital currencies as a potential future alternative to the current system of physical peso bills as a medium of transferring value, but the country’s chief monetary regulator said it is unlikely than one will be introduced in the near term.
PayPal is introducing a service for customers to buy, hold and sell cryptocurrency directly from their account.
WASHINGTON (Bloomberg): The Asia Pacific region is likely to see economic output remain below pre-pandemic trends over the medium term, even as China’s recovery leads the rest of the world, according to the International Monetary Fund.
TOKYO: Bank of Japan (BoJ) board member Makoto Sakurai said yesterday the central bank must take “swift and appropriate” action if the coronavirus shock delays the country’s economic recovery.
SDYNEY: Japan’s record-buying spree of Australian bonds may cool off with the Reserve Bank of Australia (RBA) mulling an expansion of its quantitative easing programme.