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| Swiss Foundation Gets $30mln To Start 'Non-Volatile' Cryptocurrency Discussing plans for Saga, which will feature a Swiss foundation and advice from various banking figures, chairman of JPMorgan Chase International and ex-governor of the Bank of Israel Jacob Frenkel said there was appetite for a notionally non-volatile cryptocurrency. The foundation has already ...
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| Top financiers and economists team up for new cryptocurrency A group of finance executives and economists has teamed up to create a cryptocurrency that aims to tackle the main criticisms of virtual money — namely, its anonymity, lack of underlying value and high volatility. The Saga Foundation, a Swiss non-profit organisation, plans to create Saga, which it said ...
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