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Soaring to a new record high, Bitcoin currency is not without risk Bitcoin, which this week soared to a new record high of more than $8,000, is the monetary equivalent of Uber, since it bypasses central bank regulation and could be attractive for financially fragile countries, economists say. Nevertheless, it is precisely the lack of oversight that opens up the users of ...
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A Decade After the Crisis, King Dollar Is the World's Tyrant Spreads on derivatives contracts called cross-currency basis swaps, which are used by investors and companies to source dollars, have jumped. Were greenbacks freely borrowed and lent, the spread would be zero, economists say. Whenever banks need to clean up their books around quarter and ...
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ICOs Flow Continues As Regulations Fall Around the World: Expert Blog Initial Coin Offering (ICO) is a new way of fundraising enabled by digital currencies and Blockchain technology where participants invest fiat currencies and receive ''tokens,'' digital assets in return. ICOs are widely seen as an innovative fintech alternative to traditional initial public offering of stock (IPO) ...
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