PBOC Bans Financial Firms From Bitcoin Transactions

Dec. 5 (Bloomberg) -- China's central bank barred financial institutions from handling Bitcoin transactions, moving to regulate the virtual currency after an 89-fold jump in its value sparked a surge of investor interest in the country. Francine Lacqua and Hans Nichols report on Bloomberg Television's "On the Move." (Source: Bloomberg)

Bill Gross, Pimco Said to Settle Suit Over His Departure
13:30 - Bill Gross and Pacific Investment Management Co. are reported to have settled a breach of contract suit filed in 2015 by Gross after his ouster from the company the previous year. Bloomberg's Vonnie Quinn reports on "Bloomberg Markets: European Close." (Source: Bloomberg)
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