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| S&P downgrades South Africa's local currency debt to 'junk' status JOHANNESBURG (Reuters) - S&P Global Ratings downgraded South African local currency debt to "junk" territory on Friday, citing a further deterioration in the country's economic outlook and public finances, sending the rand tumbling. But a decision by Moody's to only place South Africa on review for a ...
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| Overstock CEO: It's Time We Switch to Real Money, Either Bitcoin or Gold Overstock founder and CEO Patrick Byrne, a longstanding bitcoin supporter, recently appeared on FOX Business' "Mornings with Maria" to explain why he's bullish on bitcoin. During the interview, Patrick Byrne notably pointed out that it isn't about how high bitcoin will go, but about how low fiat currency ...
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| Ben Loski Joins The Ripple Bandwagon As Popularity Grows Globally Another thing regarding Ben is that he is a person who is spreading information and his knowledge regarding digital currencies, and telling about why people should start investing. Investing in several of the popular digital currencies will help and hopefully set people for life, as they pay attention to the ...
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| Swiss National Bank Chairman on Crypto: "Central Banks Are Working on This Very Intensively" "Central banks are working on this [the issue of crypto currencies] very intensively," Swiss National Bank Chairman Thomas Jordan explained. "It is important to say it is not question of technology, but a question of who has access to central bank money and in what form. There are up to now many ...
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| Major Korean Bank to Launch Cryptocurrency Custody Service The bank began work on the service earlier this year, and the project will soon be ready to launch. Its aim is to provide a deposit service for 'virtual money' – i.e bitcoin and other cryptocurrencies – that combines the benefits of digital currency with the security of a traditional bank. While many experienced ...
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