Oct 282014
China and Singapore start direct currency trading
The Monetary Authority of Singapore (MAS) said the direct currency trading will lower forex transaction costs and encourage greater use of the …
See Original Article
FinCEN Clarifies that Virtual Currency Payment Systems and Trading Platforms Are Money …
fincen us treasury FinCEN has released two new Virtual Currency Guidance notes today. FIN-2014-R011 and FIN-2014-R2012 both detail FinCEN's …
See Original Article
Yuan milestone as onshore direct trade with Singapore dollar starts
The yuan will start onshore direct trading with the Singapore dollar today, a milestone in Beijing's ambition to globalise its currency and offering cost …
See Original Article
Direct trading between yuan, S'pore dollar starts today
China's interbank foreign exchange market will start direct trading between the yuan and the Singapore dollar today in a move that will promote the …
See Original Article