Larry Fink, BlackRock's chief executive, admits that he was once sceptical about Bitcoin, but he was wrong. He now says he "believes Bitcoin is a legitimate financial instrument."
Traders said they suspected South Korean authorities of selling dollars at the opening of the onshore market to limit the won's decline.
On August 18th news, the German public is strongly skeptical of the digital euro, especially among older users who prioritize privacy and security in financial transactions. Bundesbank President Joachim Nagel called cash "sacred" in Germany, reflecting deep-seated concerns about losing control over personal finances. The European Central Bank (ECB) plans to address these concerns with strong privacy measures, but doubts remain. Although ECB President Christine Lagarde insists that digital...