Facebook Libra has been in the news a lot lately. This cryptocurrency was envisioned as a so-called stablecoin. Libra was designed carefully to avoid the huge fluctuations faced by cryptocurrencies like Bitcoin. The plan was to offer a more stable currency, backed by stable securities. Sponsors like Visa, Mastercard, and Paypal seemed just about ready to get on board with… Read more →
Tag: E. Kiss-Borlase
UBS And The Swiss Franc
UBS has issued a warning regarding profit impact from the increase to the value of the Swiss Franc coupled with negative interest rates and the ongoing tax investigation in the United States. Shares in the company have slid as of late despite the issuance of triple the dividend paid out a year prior. Earlier in the year, the Swiss National… Read more →