Spaniards spooked by Cypriot savings grab turn to virtual currency to hide money from THEIR cash-strapped government

Spaniards spooked by Cypriot savings grab turn to virtual currency to hide money from cash-strapped governmentTrio of Bitcoin apps soar up Spanish download chartsBitcoin is a decentralised peer-to-peer currency that cuts out banksValue soars from 32 to 48 per Bitcoin in just a week 10en.pdf” rel=”nofollow” target=”_blank”> European Central Bank report published last year warned that increased demand for Bitcoin 'could have have a negative impact on the reputation of central banks'. 'The public may perceive the incident as being caused, in part, by a central bank not doing its job properly,' the report added presciently.

"A naked attempt to steal our crown": France"s most senior banker makes enemies in London after suggesting businesses move from capital

'A naked attempt to steal our crown': France's most senior banker makes enemies in London after suggesting businesses move from capital Christian Noyer said City of London should be stripped of its status – with businesses moving into Euro ZoneBoris Johnson and Vince Cable lead criticism of 'desperate French attack' | UPDATED: 17:35 GMT, 3 December 2012 Bank of France Governor Christian Noyer: '[It's a] consequence of the choice by the UK to remain outside the euro area' France's most senior state banker was today accused of a ‘naked attempt to steal London’s financial crown’. Christian Noyer, 62-year-old governor of the Bank of France, said the City of London should be stripped of its status, and the bulk of its business be transferred to mainland Europe.