As the role and opportunities of cryptocurrencies continues to grow, a recent Singapore conference on the topic provided valuable insights for market players into trends, security and risk.
While much of the world is being caught up in bitcoin fever, in some regions complicated regulations are making it difficult to build a business case for using virtual currencies. One such place is Germany, where businesses have to obtain a virtual currency licence to do virtually anything with them.
In July, gtnews ran a story entitled ‘Emerging Markets Currency Volatility Still Impacting on Earnings’, reporting that corporations on both sides of the Atlantic were impacted by emerging market currencies in Q1 of 2014. Over the summer volatility subsided but today it is back - emerging market volatility is once again impacting corporate earnings.
The European Union’s (EU) regulatory plans for money market funds (MMFs) in Europe were debated at the Fitch cash management conference in London on November 13 with treasurers, asset managers and financiers looking to the US for clues as to its impact.