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HSBC continues to embrace blockchain: bank reports $250bn in FX trades using blockchain technology

HSBC bank has settled $250 billion worth of forex trades using blockchain technology in 2018, Reuters reports. Banking sector remains quite hesitant to embrace blockchain technology within the industry, however the recent...
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Crypto Wallet Wirex Adds Support for WAVES Deposits and Withdrawals

Wirex, UK-based provider of cryptocurrency wallets linked to physical and virtual Visa debit cards, announced today that its customers will now be able to deposit and withdraw funds using Waves cryptocurrency. WAVES...
Winklevoss Twins Make Waves with Controversial Marketing Blitz for Gemini Bitcoin Exchange

Winklevoss Twins Make Waves with Controversial Marketing Blitz for Gemini Bitcoin Exchange

The Winklevoss Twins have been making waves over the past few days with a marketing blitz for the pair’s Gemini cryptocurrency exchange. Utilizing taglines including “Crypto Needs Rules” and “Crypto Without...
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Japan FSA may approve exchange-traded funds as it abandons plans to allow cryptocurrency futures

The Financial Services Agency of Japan is reported to be exploring the possibility of allowing exchange-trade funds (ETF) that track asset class a few months after it has abandon plans for...
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New York State lawmaker announces formation of cryptocurrency task force

Clyde Vanel, a New York State assemblyman and owner of TrademarkReady.com announces through a Facebook post that the state will soon be the first U.S. state to have a cryptocurrency task...
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Intercontinental Exchange venture Bakkt completes first round of founding with $182.5 million equity

Just before the new year ushers in, Bakkt, the cryptocurrency venture of Intercontinental Exchange (ICE) announced that it has completed its first round of funding. The firm venture managed to raise...
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The Federal Reserve welcomes cryptocurrency but says a national cryptocurrency is not needed

The researchers at The Federal Reserve Bank of St.Louis say that while they welcome cryptocurrencies,  they don’t believe that central banks should establish a national cryptocurrency. According to a report by Fed...
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Bank of England poll reveals cryptocurrency as the preferred form of Christmas gift instead...

It seems that more and more people are getting into the cryptocurrency case lately. Take for example the result of a recent informal survey conducted by the Bank of England asking...
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Cryptocurrency ATM machine installation doubles despite crypto uncertainty

The number of cryptocurrency machines being installed has doubled in 2018 according to a recently published data. This is despite the turbulence in the cryptocurrency industry this year. The data was published...
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Cryptocurrency, such as Bitcoin, threatens a new form of bankingcrises

Rather than displacing banks, digital currency, such as Bitcoin, threatens a new form of banking crises caused by disintermediation runs through withdrawals of digital currency, says Dr. David R. Skeie, an...