He has supported Bitcoin and the blockchain, voicing his belief that the technologies are part of a larger change in how trust is being established in society...
On Monday the pound tumbled against the U.S. dollar, re-approaching a one-month low as demand for the greenback remained broadly supported by Friday's positive U.S. employment data...
Turkey’s lira hit an all-time low and stocks dropped as Turkey's ruling AK Party failed to win a majority government for the first time since 2002...
On Monday the greenback edged lower versus the yen in Asia trade, as investors kept their gains after last week's rally which brought the dollar to its 13-year peak. Investors were also cautious as the Nikkei index was lower from the opening bell, following the weakness in U.S. stocks Friday...
"From a USD perspective the key development longer-term is the break to new multi-year highs around 125.00 seen in USDJPY, which has corresponded with fresh widening in US – Japan rate differentials. Many observers see the JPY as no longer expensive from a valuation perspective...
On Friday the euro plunged below $1.11, while dollar was sharply higher after release of strong employment data. Concerns over Greek default continued to weigh on the single currency...
At a business conference in Washington, New York state's chief financial regulator, Benjamin Lawsky, introduced the final version of rules for businesses working in bitcoins...
On Thursday the Bank of England announced interest rates will be unchanged at 0.5%. The Bank also maintained the size of its bond-buying stimulus programme unchanged at £375bn. The pound sterling remained higher against the dollar after the news...
On Thursday the euro touched a high of nearly five months against the yen in Asia trade as the single currency reversed the losing course against other currencies following revisions to the eurozone’s inflation forecasts...
Taiwan will launch Chinese yuan forex futures on July 20 - four sources with direct knowledge of the matter said on Wednesday, in the island's latest efforts to become a major offshore yuan market...
According to the two firms, the strategic partnership offers Bitcoin payments to X-Cart’s European customers; this will help X-Cart gain Bitcoin capabilities for its customers...
On Wednesday the greenback rose against a basket of other major currencies, as investors awaited the release of a series of U.S. economic reports for further indications on the outlook for second quarter growth...
On Wednesday the dollar remained broadly lower against the other major currencies as weak U.S. factory data released Tuesday dampened expectations for higher interest rates...
On Wednesday the Australian dollar was higher as the country's GDP rose more than expected in the first three months of the year...
The greenback hit session lows against the euro and the yen on Tuesday after data indicated U.S. factory orders fell for the sixth straight month in April...
On Tuesday the greenback edged lower vs rivals, as investors locked in profit-taking from the dollar's recent rally caused by a series of recent positive data and mounting expectations for a U.S. rate hike later in the year...
David Whiteing, the CIO of the Commonwealth Bank of Australia or CBA which will soon launch Ripple technology for its subsidiaries to transfer payments between them, says that digital currency technology is where the future of payments is heading...
On Tuesday the dollar rose to fresh 12-and-a-half year peak against the yen as positive data on U.S. manufacturing activity and construction spending spurred renewed expectations for higher interest rates later in the year...
