UFXMarkets *Weekly FX Currency Trading News* 25-December-2011

UFXMarkets *Weekly FX Currency Trading News* 25-December-2011

Hi, I’m Martin Smith and this is your UFX Markets Week in Review. Today, we will cover some of the major events of the past week and discuss how they impact the global currency markets. The US Dollar rose slightly last Monday against other major currencies on news that North Korean leader Kim Jong-il had died, but then declined for the third week in the last four weeks on decreased…

What are cryptocurrencies – are they money?

What are cryptocurrencies – are they money?

Are cryptocurrencies money? Are they securities? In this video I’m going toexplore how regulators and investors should think about this remarkable new asset class.What actually are cryptocurrencies? Is Bitcoin money? Is it a security? Thequestion turns out to be significant. Government’s want to know howcryptocurrencies should be taxed and regulated. If bitcoin is a security, forinstance, then it might have to be regulated by Britain’s FinancialServices Authority or the American…