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Bitcoin will be the only currency in the world in 10 years: Twitter CEO The CEO of Twitter believes Bitcoin will become the world's only currency by 2028 as the world transitions to an entirely-digital economy. In an interview with The Times, Twitter boss Jack Dorsey said it would only take a decade for the technology around Bitcoin to develop where it could function as a ...
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Venezuela denominate its currency to cope with heavy inflation Venezuela The Venezuelan President Nicholas Maduro announced plans for denomination of the national currency to cope with heavy inflation. The plans include removing of the three zeros from the value of Venezuelan bolívar. The measure will come into force in early June, attempting to ease the ...
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Saga: The Economists' Coin Aiming to Stabilise the Crypto World A bold project in creating a stable coin, the cryptocurrency will work by being tied to reserves – a basket of fiat currencies – held at commercial banks. Saga's ultimate aim is not to replace fiat currencies, but instead to act as a "complementary global currency", as put by the founder, Ido Sadeh Man.
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Dollar hits 16-month lows vs. yen as trade fears, Japanese political woes hurt "With worries about the United States and China locking horns on trade issues and Japan's parliamentary testimony coming up on Tuesday, few participants are willing to buy the dollar," said Yukio Ishizuki, senior currency strategist at Daiwa Securities. "It really is typical 'risk off' trades dominating right ...
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