NBC disavows Cambodia-based digital currency
Photo suppliedNBC disavows Cambodia-based digital currencyThe central bank has threatened legal action after a Japanese technology company declared the development of a Cambodia-based cryptocurrency by the appeal which the National Bank of Cambodia (NBC) was backing the fresh digital tender. The caution came on Friday as Japan-based Chaintope & Hong Kong-linked Digital Agriculture interchange held a "cooperation signing ceremony" the day after a Khmer-language press launch from Chaintope was disseminated to native reporters. It names Digital Agriculture interchange as the native partner. Yesterday, a lady that answered a Digital Agriculture interchange cell smartphone number listed by the Commerce Ministry hesitantly gave her name as Ly Leng, however told she did'nt realize the method to spell it. Digital Agriculture Exchange, meanwhile, has had extensive dealings by the Agriculture Ministry.
NBC to sue over digital currency
as declared in The National Bank of Cambodia (NBC) told it had yet to let the purchase, discound or circulation of any digital or cryptocurrency. The appeal which the NBC was backing the fresh digital tender led to an angry statement. Last week, Japan-based Chaintope & Hong Kong's Digital Agriculture interchange held a "cooperation signing ceremony" & launched a statement to the media. K-coin "together by Cambodian corporations & the Cambodian Central Bank" was being developed, the company said, naming Digital Agriculture interchange as the Cambodian partner. Bridget Lau of Digital Agriculture interchange at the event release told she had met NBC representatives 3 times to argue the situation.Bank of Britain plots its own bitcoin-style digital currency
The Bank of Britain could green light its own Bitcoin-style digital currency as early as 2018, The Telegraph could disclose. A study unit determine up with the Bank Information Systems investigating the possible intro of a crypto-currency link to sterling. A Bank of England-issued digital currency would potentially let English citizens to save their money - in digital form - with the central bank itself, dispensing with the necessity for a retail bank. The study unit was determine up in February 2015 and, according to a Bank of Britain spokesman, could report back within the following twelve months. The Bank has been trialling tech for digital transactions, Utilizing the same tech which underpins Bitcoins & other...
collected by :Mathio Rix