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Deutsche Bank Fined 205 Million For Currency Manipulation

New York regulators are slapping a $205 million fine on Deutsche Bank, following allegations that traders at Deutsche manipulated the foreign exchange market for years....

Swiss Crypto Firm Says Gets License To Distribute Funds

ZURICH – Zug-based Crypto Fund AG said on Monday it had received a license from the Swiss authorities to distribute funds (not to operate as an asset manager for...

Asset Manager Says Secures Swiss License To Manage Crypto Funds

ZURICH – Zug-based Crypto Fund AG said on Monday it had received a license from the Swiss authorities to operate as an asset manager for crypto funds, saying it...

Argentines Tighten Their Belts At World Cup As Peso Plummets

MOSCOW – Argentine fans visiting Russia for the soccer World Cup are keeping a wary eye on the sliding value of the peso, with some avoiding credit card spending...

Bitcoin Hits 4-month Low After Currency Exchange Theft

The price of bitcoin has fallen to a four-month low of $6,370, days after South Korean virtual currency exchange Coinrail said hackers had stolen over $37 million, or...

Bitcoin Sinks To Two-month Low As Downtrend Persists

NEW YORK – Bitcoin fell to a two-month low on Tuesday, sliding in three of the last four sessions on nagging regulatory and security concerns after the weekend...

Looking For New Way To Donate During Ramadan London Mosque Now Accepts Bitcoin

LONDON – Looking for a new way to give money to charity as part of Ramadan? A mosque in Britain’s capital is willing to receive your donation – in...

Turkish Central Bank Raises Key Rate And Helps Lift Currency

Under pressure to act, Turkey’s central bank sharply raised its key lending rate Wednesday to try to stem an outflow of capital from the country, control inflation...

Turks Feel Pinch From Currency Slide Ahead Of Polls

Farmer Abdulkadir Cekic was already struggling to make a living, snowed under by a bank loan he took out for the purchase of a 130,000-euro harvesting machine. The...

About 12 Billion In Cryptocurrency Stolen Since 2017 Cybercrime Group

NEW YORK – Criminals have stolen about $1.2 billion in cryptocurrencies since the beginning of 2017, as bitcoin’s popularity and the emergence of more than...

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