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The Daily Hodl
2019-07-16 05:18:24

Currency Exchanges May Face Extinction If Cryptocurrencies Gain Mass Adoption

The global foreign exchange (forex) market is massive with an average daily trading volume of about $5.3 trillion. However, currencies are heavily correlated to socio-economic and geopolitical events; hence, the forex market often experiences volatile crests and troughs based upon newsworthy events. For businesses with international exposure, currency risks are a regular part of doing […]The post Currency Exchanges May Face Extinction If Cryptocurrencies Gain Mass Adoption appeared first on The Daily Hodl.