Global Currency

Libra’s Stumbles, Coronavirus Gains Show Pitfalls of A ‘Global’ Currency
Libra’s Stumbles, Coronavirus Gains Show Pitfalls of A ‘Global’ Currency
March 04, 2020  |  Facebook

Global events — which include the coronavirus, now stretching across more than 60 countries – make one’s mind cast toward what else might be on...

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IMF Chief Economist: Crypto Won’t Supersede The Dollar
IMF Chief Economist: Crypto Won’t Supersede The Dollar
January 08, 2020  |  Cryptocurrency

Chief Economist Gita Gopinath of the International Monetary Fund (IMF) said it’s unlikely that digital currency — or a “synthetic hegemonic currency,” which is a...

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What The Launch Of Facebook’s Libra Means For Payments
What The Launch Of Facebook’s Libra Means For Payments
June 18, 2019  |  Facebook

The endless speculation over Facebook’s plans to build a new set of global payments rails and launch a global cryptocurrency comes to an end today...

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In Turkey (And Elsewhere) Devaluation Spurs Value Hunt Among Luxury Goods
In Turkey (And Elsewhere) Devaluation Spurs Value Hunt Among Luxury Goods
August 13, 2018  |  International

The vagaries of currency take on all sorts of meaning to consumers, borrowers and lenders large and small, individual and corporate. Over the last few...

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Vietnam Puts The Brakes On Cryptocurrency Use, Including Bitcoin
Vietnam Puts The Brakes On Cryptocurrency Use, Including Bitcoin
October 31, 2017  |  Bitcoin

The use of Bitcoin as a form of payment has been banned in Vietnam, ZDNet reports. The country’s state bank ruled that all cryptocurrency, not...

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