"Bitcoin has settlement batches roughly every ten minutes and operates continuously day and night,"  "Transactions are irrevocable and cheap. Nonetheless, the unit of account is comparable to central bank money in its nature." See full Finextra article at http://www.finextra.com/news/fullstory.aspx?newsitemid=26689

This breaking news story illustrates perfectly the very real implications of issues discussed by speakers and participants at the recent EBA Liquidity Seminar held in Wiesdbaden, Germany http://www.theguardian.com/business/live/2014/oct/20/stock-markets-recover-japan-nikkei-ftse-business-live#block-5444f546e4b0f39f234da11d In particular the situation starkly underlines the following conclusions that were articulated (following much heated debate) at the Seminar 1. All systemic institutions should have an integrated liquidity... Read More

The SEPA Consultancy (TSCL) working in partnership with the Euro Banking Association and sponsors CSC will be chairing and facilitating the upcoming EBA Liquidity Management Seminar to be held in Wiesbaden, Germany on 14th & 15th October. With impending Basle III regulation and an increasingly sharp focus on intra-day liquidity reporting and costs, participants on... Read More