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Deutsche Bank AG has agreed to a $7.2 bln settlement with the United States government for allegations of loan modifications.
The Court of Justice of the Republic didn’t impose any punishment on the IMF chief Christine Lagarde convicted of criminal charges over the facilitation of suspicious transaction which amounted to $400 mln.
Increasing financial corruption and a weakening currency pushes people to try alternative financial systems like Bitcoin. No wonder that Bitcoin is thriving in Malaysia.
Smart contracts can help avoid human error and prevent fraud in countries like Nigeria.
For too long it has been said that cryptocurrencies abet money laundering, corruption, terrorism, and what not due to virtual currencies’ transactions being anonymous.
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