As late as October, the agency said that it was still weighing the issue in light of the prevailing lack of clarity since 2015, and the process was perhaps triggered in part after a $75,000 fine was issued to digital currency exchange Bitfinex and the subsequent petition from U.S. law firm Steptoe & Johnson …
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The currency gave up some of those gains after dovish remarks by Poloz in a subsequent interview. U.S. crude prices gained 0.6 per cent to US$57.4 a barrel, supported by a pipeline outage in the North Sea. Oil is one of Canada's major exports. At 9:18 a.m. ET, the Canadian dollar was trading at …
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The U.S. derivatives watchdog on Friday published draft legal guidance outlining the basis on which retail virtual currency trading would be exempted from complying with its rules. The proposed legal interpretation issued by the Commodity Futures Trading Commission (CFTC) should ultimately see …
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However, given that Zimbabwe is in close proximity to other major African countries, it could be the case that this recent upheaval in Zimbabwe threatens the stability of other countries which trade with Zimbabwe, especially if there are economic changes in the works. This may cause Forex investors to …
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