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Venezuela turns to crypto currency, hoping to salvage battered economy Venezuelan President Nicolas Maduro says his government will begin pre-selling a cryptocurrency today, called the "petro." It's backed by the cash-strapped country's oil reserves. Maduro is hoping to circumvent U.S.-led sanctions, attract investment and bring the country back from the brink of full-blown ...
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NSE gets Sebi's go ahead to launch cross currency derivatives Leading bourse National Stock Exchange (NSE) today received approval from markets regulator Sebi to introduce cross currency derivatives, a move that ... Now, the exchange can introduce cross currency derivatives (future and options) on pairs such as Euro (EUR)-US Dollar (USD), Pound Sterling ...
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Three Duluth students chase the currency of Red Bull Three friends from the University of Minnesota Duluth, who are among the 200 student teams from 60 countries trying to win a Red Bull contest that will deliver them to Europe with nothing but Red Bull to use for currency, KBJR reports. The three — Andrew Achter, Brandon Colucci and Nick Anderson ...
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Franklin Templeton launches EM local currency bond fund Hasenstab said: "Local-currency emerging markets have offered some of the most compelling investment opportunities across global fixed income markets, in our view. We've recently been focusing on a select set of countries with domestically resilient economies and relatively higher yields.
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Bitcoin is not a virtual currency As the Bundesbank sees it, Bitcoin is not a virtual currency but a crypto token. What is it that distinguishes crypto tokens from traditional currencies? This was what ZDF journalist Frank Bethmann and Bundesbank expert Dirk Schrade spoke about in a panel discussion in Frankfurt am Main.
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