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London-based blockchain firm Saga announced the launch of its Saga token (SGA). The digital unit represents a global currency that complies with regulators’ requirements. Saga Advised by Nobel Prize Winner, Former Bank of Israel Governor The currency is backed by a basket of fiat currency to avoid high volatility. Thus, it acts like a stablecoin and resembles Libra – Facebook’s digital currency that is still under development. Interestingly, the advisory board includes top economists like

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The post Nobel Winner-Backed Saga Launches Libra-Like Global Coin appeared first on Bitcoinist.com.
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