Google Alert - Currency

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Currency
As-it-happens update January 26, 2018
NEWS
George Soros says bitcoin is not a currency. The billionaire investor best known for a winning bet against the British pound in the early 1990s ought to know. Speaking at the World Economic Forum in Davos, Switzerland, Soros said bitcoin's volatility make uniquely ineffective as a form of currency, ...
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Davos is clear on bitcoin: It's an interesting investment, but please don't call it a currency. ... Bitcoin prices, which peaked near $20,000 in December, have fallen sharply to under $11,000 after a series of exchange closures and talk of increased regulation raised concerns over the digital currency's future.
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Given the administration's enthusiasm about a record-setting stock market, Ruskin said the Treasury's continued approach on the currency will depend on the reaction of investors. "If equities like a weak dollar then there is a good chance that the US administration will like a weak/weaker dollar too," ...
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"And the reason I mentioned this is not because I'm talking about bitcoin because I don't believe that bitcoin is going to be a currency today or in the future," he continued. "I'm talking about the new technology of blockchain and the possibility of what could happen not in the near terms, but in a few years ...
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