All the day’s economic and financial news, as cryptocurrency bitcoin joins the world’s largest exchange * Latest: Danish central banker says bitcoin is dangerous * Singapore: Bitcoin has no intrinsic value * UBS’s Weber: We warn against bitcoin * France wants G20 debate * Introduction: CME is now offering bitcoin futures * ING: Bitcoin will return to niche status 4.28pm GMT FRANCE’S CALL FOR G20 LEADERS TO DEBATE BITCOIN REGULATION MAY WIN THE SUPPORT OF GERMANY. Bloomberg reports: In Berlin, a Finance Ministry spokesman said it was watching “bitcoin and other cryptocurrency developments closely,” adding that Germany’s financial supervisor Bafin has already warned of the risks of cryptocurrencies for consumers. 4.10pm GMT IN GREECE LEFTIST PRIME MINISTER ALEXIS TSIPRAS HAS URGED BANKS TO DO MORE TO CLAMP DOWN ON BIG TIME DEBTORS, CITING THE BANKING SYSTEM’S RECORD STOCK OF NON-PERFORMING LOANS. “Liquidity needs to be restored to the economy … We need a responsible and effective way to deal with the problem of non-performing loans.” Continue reading...
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