Michael Novogratz Warns China’s Digital Currency Revolution Might Undermine U.S. Reserve Status

2019-11-12 22:03

China is on a fast track to becoming a global digital currency power. Billionaire Michael Novogratz warns that the country might undermine the United States’ reserve status. Some politicians are wary about embracing cryptocurrency networks.

Billionaire Michael Novogratz has warned that the United States’ reserve status is likely to be undermined by China’s blockchain and […]

The post Michael Novogratz Warns China’s Digital Currency Revolution Might Undermine U. S. Reserve Status appeared first on CCN. com

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Источник: ccn.com

status reserve → Результатов: 27


JP Morgan: US Dollar Could Lose its Reserve Currency Status, Need for Investment Portfolio Diversification

The US dollar will struggle to remain the global reserve currency, in the coming decades, having already completed its tenure as a GRC. “The US dollar has been the world’s dominant reserve currency for almost a century,” wrote, bank’s strategist Craig Cohen in a report earlier this month. “We believe the dollar could lose its […]

2019-7-25 20:16


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Bitcoin Boost As JPMorgan Casts Doubt On US Dollar’s Future

Bitcoin challenging the US dollar’s worldwide supremacy seems more likely after it emerged that even the country’s biggest bank thinks the status quo cannot last. Central Banks Amassing Gold ‘Makes Sense’ In a report issued July 10, Craig Cohen, a strategist for JPMorgan Chase, said changing habits among non-US central banks are creating a real sense of unease about the dollar’s long-term status.

2019-7-24 13:00


Bitcoin is a poor store of value compared to Australian dollars, claims Reserve Bank of Australia

As cryptocurrency makes a sheepish entry into the mainstream, every individual, industry, and nation is finally forced to choose sides between the status quo and the disruption. Numerous entities have also put forth their interests in the ecosystem through various gestures including partnerships, payment acceptance and trademark registrations.

2019-6-21 13:15


Australia’s Central Bank: It’s ‘Difficult’ to Imagine Mass Adoption of Bitcoin

By CCN Markets: After ten years, the Reserve Bank of Australia has decided that Bitcoin and other cryptocurrencies don’t pose a threat to Aussie dollars or other forms of fiat payment. The RBA concludes, after reviewing everything it knows about cryptocurrency, that it’s “difficult to envisage” an outbreak of Bitcoin users in the down under.

2019-6-21 10:55


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