Iraq's dinars and crypto.

Economists and regulators warned the Iraqi currency was a gamble, but punters still paid high fees to own an illiquid currency that some thought might just become the most valuable in the world. Instead, it was devalued by 20pc in 2020. Sound familiar? The dinar is on economists' minds again as the cryptocurrency market reels from its latest crash - with $2 trillion of value wiped off a market rife with fraud, theft and high-profile corporate collapses, including FTX and BlockFi. The parallels aren't just...