Bitcoin Not Threatened by Cryptocurrency Launched by Laureate-Advised Firm

Amidst regulatory uncertainty, U.K.-based Saga hopes to introduce a global digital currency that lawmakers and consumers alike find agreeable. The “stablecoin” (think Tether) is pegged to a basket of fiat currencies and is not anonymous, making it unlikely to win over Bitcoin enthusiasts who value the coin’s decentralized mode of operation.
Related Reading: Why There Remains a Case For a $4,200 Bitcoin (BTC) in 2020
Similarities with Bitcoin and Libra
Tuesday, November 10, the