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| A 'verbal currency war' is dousing fuel on market volatility But there's another, less prominent factor, underpinning renewed market volatility, which is affecting asset prices around the globe: fears of a currency war started by US official rhetoric on the benefits of a weaker dollar. "A strong currency puts a lid on inflation and helps keep interest rates low," writes ...
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| China to rein in overseas virtual currency trading BEIJING, Feb. 5 (Xinhua) -- China's central bank has said it will tighten regulations on domestic investor participating in overseas transactions of initial coin offerings (ICOs) and virtual currency as risks in the sector are high. Overseas ICO transaction platforms pose risks including illegal offerings, false ...
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| North Korea stole huge amount of virtual currency: South Korea spy agency South Korea's intelligence agency informed parliament on Monday that North Korea's theft of virtual currency from the country last year was on the scale of tens of millions of dollars, according to parliamentary sources. They said the National Intelligence Service also briefed the National Assembly that it ...
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| If Bitcoin and Cryptocurrencies Lack Intrinsic Value, So Does Fiat Currency For many years, many economists have stated that cryptocurrencies lack intrinsic value. Robert Shiller, one of the outspoken Nobel-winning economists that have claimed bitcoin is a bubble, said he considers bitcoin an "interesting experiment," but because of its lack of intrinsic value, it still does not ...
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| Letter to the Editor: Crypto-currency technology to change banking Today, the world's smartest programmers no longer work for Google or Apple or Microsoft; they've moved on to the world of crypto-currency. Mr. Kaufman made his "tulip" remark during a presentation about his book, titled Tectonic Shifts in Financial Markets. The book expresses his concern about the ...
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| Dollar extends slight gains as global equity markets slump The U.S. dollar on Monday was trading slightly higher against its major rivals, strengthening tepidly versus the euro and pound, as the currency looked set to extend a recent comeback after employment data on Friday indicated a pickup in stubbornly low wages and inflation. Fears of a return of inflation ...
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