The European Parliament’s recent decision to relax the budget rules for its member states could cause a new euro crisis, according to Nout Wellink, former president of De Nederlandsche Bank (DNB). The laxer rules increase the chance that large countries like Italy, Spain, and France won’t get their high government debts under control, causing tensions in the eurozone, Wellink told the Telegraaf.
“Landsbanki, Icesave’s mother bank had said, in annual reports and quarterly figures to that it had ambition to open Icesave in other European countries. Landsbanki was to go into in France and also into Germany, Luxembourg, Ireland and Italy. At least one of these countries has also Icesave refused entry, so said Du Perron. He will not say which country.
Du Perron denies that he is put under pressure by DNB to delete the reference to France. “We did not even necessary to mention France.” ..
.. “The draft report was submitted to DNB as only three locations where information is removed before the report was sent to the ministry. (..) The data relating to supervisors from other countries. ”
Cryptocurrencies: A bubble or harbinger of a cashless world?
Cryptocurrencies: A bubble or harbinger of a cashless world?
Bangalore Mirror Bureau / Updated: Apr 4, 2021, 10:38 IST
The
US Treasury described Bitcoin a “decentralised virtual currency”. For every transaction through Bitcoin, for example, some personal information from the user is used to create a kind of password. A ‘hash’ is given for every Bitcoin transaction, with a ‘public key’ and a ‘private key’. Each of these keys is inverse to each other, but it’s not easy to derive one from the other. The ‘public keys’ are available on public domain. Details of each transaction report are available in the database called ‘blockchain’. It is distributed across and maintained by nodes (computers). From this open source, anybody can tell how many Bitcoins are traded at a public key. But, nobody knows who the owner of those Bitcoins is as the security of the ledger cannot be broken. Anonymity and priva