FX Markets Shrink While Bitcoin Expands By Julio Gil-Pulgar - December 15, 2016

[jgilpulg]

Daily foreign exchange market volumes have shrunk for the first time in 15 years, according to the Bank for International Settlements (BIS). Banks are increasingly becoming worried as the BIS, which is owned by central banks, warns them of impending financial stability risks. On the other hand, the bitcoin price continues to rise, reaching its highest level in the last three years.

https://news.bitcoin.com/fx-market-shrinks-bitcoin-expands/