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Cryptocurrencies backed by real assets are all the rage and
Bitcoin prices topped $120,000 (£89,500) for the first time on Monday. The world’s biggest cryptocurrency has gained 25% this year as once hostile US regulators become more friendly to digital assets.
In 2018, the Financial Conduct Authority (FCA) sternly warned that “crypto-assets have no intrinsic value” and that investors in them “should therefore be prepared to lose all the value they have put
The last 50 years have been kind to investors in real terms. Everything made money: equities, bonds, property and gold. All investors had to remember was not to buy high and sell low. But that hasn’t
Issue of the week: populism and central banks ...
US lawmakers to debate cryptocurrency framework that could provide crucial reassurance for markets
CITY
