Tag: foreign exchange

Aug 19 2022

The Philippines central bank warns against transacting with foreign exchanges

The Central Bank of the Philippines issued a warning to the populace, advising them against conducting any business with unregistered or foreign crypto exchanges. Although the announcement itself doesn't sound ominous, when considered in the context of related occurrences, it turns In the Philippines, pressure on cryptocurrencies is rapidly increasing. a country of 112 million […] The post...

Aug 16 2022

What is Forex Trading? Complete Beginner’s Guide

The foreign exchange market (forex) for international currencies is the largest and most liquid market in the world. According to the Bank of International Settlements, the forex market accounts for more than $5 trillion in trading volume per day -- dwarfing other markets like major stock markets. The forex market consists of trading pairs of [...] The post What is Forex Trading? Complete...

Mar 07 2022

Russian Ruble Crashes Further Against Bitcoin As Oil Sanctions Loom

Mar 07 2022 Published at Coingape under tags  bitcoin bitcoin news crash foreign exchange news

Russia's ruble sank 26% to a record low against Bitcoin on Monday, extending losses as the United States said it was mulling sanctions on Moscow's oil exports. One Bitcoin is now worth over 5 million ruble, with the currency having slumped nearly 60% against Bitcoin in the past month. Sanctions pressure Russian economy Restrictions on...

Feb 28 2022

Just-In: Russian Ruble Crashes Against Bitcoin After SWIFT Sanctions Amid Russia-Ukraine Conflict

Russia's currency lost a third of its value against Bitcoin on Monday, while also tumbling to the dollar after the United States blocked several banks from global financial markets. The exchange rate...

Jul 02 2021

Big Setback For Foreign Crypto Exchanges In India as Gov Plans 18% Additional Taxation

Foreign crypto exchanges offering their service to Indian customers might have to pay additional tax, as per a report in The Economic Times. The Indian Tax authority is exploring the tax bracket that many foreign cryptocurrency exchanges may fall into depending on their service offerings in the country. At present foreign exchanges don't pay any The post Big Setback For Foreign Crypto Exchanges...

Feb 12 2021

Bitcoin Starting to Lead FX Markets, Analysis of Tesla Reaction Shows: Report

Feb 12 2021 Published at CoinDesk under tags  foreign exchange markets news

EUR/USD, the most liquid currency pair globally, tracked bitcoin higher following the Tesla news.

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