2014 Event A U.S. lawsuit against IBM and Ford Motor Company, seeking damages for the companies' transactions with the former apartheid government, has been dismissed; the transactions were conducted by foreign units and are not under jurisdiction of U.S. law 2014 Event The European Banking Authority cautions banks against accepting or trading in virtual currencies such as Bitcoin until such transactions can be regulated by the European Commission; regulators cited the risk of fraud and money laundering 2013 Event Germany, France, and nine other countries within the EU await approval from EU Finance Ministers to institute the Tobin tax, a tax on financial transactions 2012 Event French President Nicolas Sarkozy presents an economic reform package that increases taxes and proposes a new tax on financial transactions 1963 Event U.S. bans all monetary transactions with Cuba 1665 Event Philosophical Transactions of Royal Society starts publishing 1632 Birthday Antony van Leeuwenhoek, Hol, naturalist, Philosophical Transactions