Reuters - Video

Edition: US | UK | IN | CN | JP

video Middle East & North Africa

Could diamonds be cryptocurrency's best friend?

Thursday, February 08, 2018 - 01:36

The Israeli Diamond Exchange has created a new cryptocurrency for use within the industry. They say that by backing it with the precious gems, the cryptocurrency should prove stable while others like Bitcoin face extreme volatility. Elana Ringler reports from Israel.

▲ Hide Transcript

View Transcript

The Israeli Diamond Exchange has created a new cryptocurrency for use within the industry. They say that by backing it with the precious gems, the cryptocurrency should prove stable while others like Bitcoin face extreme volatility. Elana Ringler reports from Israel.

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

Could diamonds be cryptocurrency's best friend?

Thursday, February 08, 2018 - 01:36