Not exact matches
He scored a big win in 2015, if you recall, when the International Monetary Fund (IMF) agreed to include it in its basket of
reserve currencies, placing the yuan in the same league
as the U.S. dollar, British pound, Japanese
yen and euro.
The Japanese
yen (JPY) is widely used
reserve currency, although not quite
as popular
as the USD, EUR and GBP.
Some of such regulators even feel that Bitcoin houses the tremendous potential of dethroning gold and
reserve currencies such
as Japanese
yen and US dollar eventually to become the penultimate store of value.
Western newspapers such
as the Wall Street Journal began to provide bitcoin price analysis in their frontpage beside the US dollar, Japanese
yen, and gold, while network news in South Korea, Japan, and Australia have been providing bitcoin analysis and comparing the digital
currency to major
reserve currencies and assets.