Foreign Exchange Giant CLS Admits: No, We Don’t Need a Blockchain for That
Forex giant CLS is now using a blockchain to handle certain currency trades, but the technology is “not essential” for the task, an executive admits.
One of the greatest forex traders in history believes a cryptocurrency is the “most likely” global reserve currency to replace the dollar.
FCSA said Mirror Trading's self-proclaimed 10% monthly returns "seems far-fetched and unrealistic" as it opened an investigation.
But challenges remain on financing and regulations.
Texas' securities watchdog ordered Mirror Trading International to cease operations, alleging the South African bitcoin and forex "investor club" is a multilevel marketing scam.
Bitcoin is often criticized for its volatility – now analysts are saying that, and more, about the pound sterling.