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Marshall Islands creates virtual money to raise hard cash MAJURO, Marshall Islands (AP) — The tiny Marshall Islands is creating its own digital currency in order to raise some hard cash to pay bills and boost the economy. The Pacific island nation said it became the first country in the world to recognize a cryptocurrency as its legal tender when it passed a law ...
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233 Million Reasons Bitcoin And A Few Other Digital Currencies Will Win Survival Of The Fittest There are over 1,500 digital currencies per coinmarketcap.com, with Bitcoin having the largest market cap at $200 billion. Ethereum, Ripple, Bitcoin Cash and Litecoin have market caps starting at $85 billion and dropping to $12 billion. The next 20 have market caps that are over $1 billion with the next ...
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Yen emerges as a clear currency-market winner Yen-emerges-as-a-clear-currency-market-winner. President Donald Trump is touting the virtues of a trade war. In the $5.1 trillion-a-day currency market, the yen has emerged as a clear winner from the escalating rhetoric. The latest move pushes forward the administration's trade agenda, after it took ...
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Uber co-founder, Garrett Camp, to launch digital global currency - Eco Co-founder of peer-to-peer ridesharing, food delivery, and transportation network company Uber, Garrett Camp is launching his own cryptocurrency - Eco. Camp, who is also the founder of the accelerator fund Expa, wants Eco to be a digital global currency that can be used as a payment tool around the ...
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Marshall Islands Rolls Out Local Brand of National Digital Currency The Republic of the Marshall Islands has publicly announced the creation of its own cryptocurrency, which will become legal tender in the country, on par with the US dollar, which, until this development, was the nation's only currency. "This is a historic moment for our people, finally issuing and using our ...
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Rs 50 lakh in scrapped currency seized, five held in Gurugram The Crime Branch has arrested five persons in Gurugram after the seizure of Rs 49.9 lakh in scrapped currency in the Rs 1,000 and Rs 500 denomination, police said on Saturday. Acting on a tip-off, a Crime Branch team seized the currency from a Honda City car near the Himgiri Chowk in Sector 10 ...
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Managing your foreign exchange risks As an export-focused industry, Canadian farmers are regularly exposed to the often-volatile currency exchange market. And while exchange rates have always moved, the fact that we are now so closely linked to a global economy has heightened our exposure to the effect of global currency movements.
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Young South Koreans lured by cryptocurrencies struggle with bust after the boom South Korea's currency, the won, falls just behind the Japanese yen and the U.S. dollar in terms of market share for all bitcoin transactions worldwide, according to currency tracker CryptoCompare. Bitcoin, known as a "peer-to-peer electronic cash system," was created in 2009 and available for less than ...
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Currency notes stolen from Sai Mandir Hundi Mysuru: In a midnight burglary, miscreants who broke into Sai Mandir Temple in Ramakrishnanagar, have decamped with high currency notes of Rs.500 and Rs. 2,000 from the temple hundi. The burglars who gained entry into the temple by forcing open the window grills, succeeded in breaking open ...
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