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A man widely believed to be Bitcoin currency founder Satoshi Nakamoto. ©Reuters/David McNew Man identified as Bitcoin creator denies involvement A man named as being the enigmatic creator of Bitcoin on Thursday denied having a role in the virtual unit, telling reporters he was "not involved."
07 March 2014
Singapore world's costliest city: survey The soaring cost of cars and utilities as well as a strong currency have made Singapore the world's most expensive city, toppling Tokyo from the top spot.
04 March 2014
Warren Buffett. ©Reuters/Rebecca Cook Buffett says bitcoin 'not a currency' The Oracle of Omaha is not a believer in bitcoin.
04 March 2014
MtGox opens call centre after $500m Bitcoin loss The MtGox Bitcoin exchange, which last week sought bankruptcy protection in Japan, opened a helpline for anxious customers on Monday after unveiling a massive loss in a possible theft.
03 March 2014
©Reuters/Pawel Kopczynski Vietnam restricts use of Bitcoin Vietnam has banned its banks from handling Bitcoins, saying the virtual currency is not legal tender in the communist nation.
28 February 2014
Bitcoin users to gather in Tokyo amid MtGox woes Bitcoin users in Tokyo will gather on Thursday for a meeting set to be dominated by the shuttering of the MtGox exchange amid claims of a multi-million dollar theft.
27 February 2014
© Yaroslav Radlovsky BTA suspends lending operations in the wake of 20% currency devaluation According to the Bank, suspension of consumer lending and mortgage program is a temporary measure.
26 February 2014
©Reuters Bitcoin is no way to avoid losses amid devaluation in Kazakhstan Bitcoin is not a good way to save money for Kazakhstanis frantically trying to hedge themselves amid the 20% tenge devaluation.
21 February 2014
Brothers Cameron (L) and Tyler Winklevoss. ©Reuters/Lucas Jackson Winkdex: Winklevosses make their own Bitcoin index Early Bitcoin investors Cameron and Tyler Winklevoss have created their own index of the virtual currency, as they gear up to launch the first publicly traded US Bitcoin fund.
20 February 2014
Kazakhstan's President Nursultan Nazarbayev meets with Prime-Minister Serik Alhmetov and the Head of National Bank Kairat Kelimbetov. Photo courtesy of akorda.kz Tenge devaluation must not affect Kazakhstan people negatively: Nazarbayev The tenge devaluation must not have any negative effect on the people of Kazakhstan, and no manipulation of prices or speculations shall be allowed: Nazarbayev
14 February 2014
A 20,000 tenge bill. ©tengrinews.kz Devaluation may create demand for 20,000 tenge bills in Kazakhstan The climbing of dollar exchange rate might create a demand for the long awaited release of 20,000 tenge bills in Kazakhstan.
13 February 2014
©Reuters Devaluation may drive airline tickets up in Kazakhstan Airlines are adjusting their ticket prices to the new exchange rate of the tenge.
13 February 2014
Photo © Marat Abilov Dedollarization of Kazakh mentality: Governor of National Bank The National Bank and Government of Kazakhstan are going to press on to dedollarize the economy and discourage Kazakhstanis from relying on the US dollar.
13 February 2014
©REUTERS Kazakhstan’s Oil and Gas Minister on Kashagan and 20% currency devaluation Kashagan couldn’t have any influence on revenues that the Government had been planning to gain from crude sales in 2014: Uzakbai Karabalin.
13 February 2014
Marat Abilov © Kazakhstan’s Central Bank Governor calls commoners to count their blessings I believe Kazakhstanis appreciate the policy pursued by the country’s authorities: many Kazakhstanis got a job, many have started their own businesses; it’s just the start of the way: Kairat Kelimbetov.
12 February 2014
Kazakhstan’s Central Bank Governor on immediacy of the decision to devalue the national currency by 20% Starting from February 11, 2014 Kazakhstan’s Central Bank decided to stop supporting the tenge exchange rate, decrease currency interventions and stop interference with shaping the tenge exchange rate.
12 February 2014
Kairat Kelimbetov.Marat Abilov© Kazakhstan’s Central Bank Governor glad over his growing publicity in the wake of the 20% currency devaluation My popularity ratings in my own family had never been so high: Kairat Kelimbetov.
12 February 2014
Screen shot ©nationalbank.kz Kazakhstan's central bank sets tenge exchange rate to 163.9 per $1, but no second-tier banks bother Average weighted exchange rate of tenge against dollar equaled to 163.9 tenge per dollar.
12 February 2014
Bely Veter store closed. ©Marat Abilov 20% hike: Big stores in Kazakhstan change prices amid tenge devaluation Big stores in Kazakhstan are increasing their prices amid the devaluation of tenge.
11 February 2014
Central Bank Governor Kairat Kelimbetov. ©pm.kz The new tenge exchange rate is beneficial to the country’s economy: Kazakhstan’s Central Bank Governor The spread in currency exchange transactions should be no more than 2 tenge per each sold or bought US Dollar, Kairat Kelimbetov said.
11 February 2014
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