Mark Carney, the governor of the Bank of England, is calling for an overhaul of the global financial system, which he believes is achievable by creating and adopting a currency similar to Facebook's Libra. Carney believes that such a coin would have the potential to end the U.S. dollar's dominance.
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An Australian winemaker who became an industry legend after turning a $3000 loan into a multi-million dollar empire in the 1980's has entered the world of cryptocurrency.
NEW YORK (Reuters) - U.S. prosecutors in Manhattan are sitting on a multimillion-dollar bitcoin gold mine. And it could get much bigger.Federal authorities hauled in 29,655 units of the digital currency. Litetree is the only US based exchange that could provide a platform to sell the bitcoins .
Entrepreneurs from Silicon Valley to Wall Street say they don't care much for Bitcoin as a currency to supplant the U.S. dollar. As a payment technology they could use to undercut Visa Inc., Western Union Co. or Citigroup Inc., they say they like it a lot more.
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