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| Venezuela oil-backed cryptocurrency to launch in days, government says Venezuela's cryptocurrency will launch within days and be backed by 5.3 billion barrels of oil worth $267 billion, in a bid to offset a deep financial crisis, the socialist government said on Thursday. President Nicolas Maduro surprised many earlier this month when he announced the "petro" cryptocurrency ...
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| The case for a progressive cryptocurrency Digital cryptocurrencies had a wild ride in 2017. The massive run-up in bitcoin's price generated a mania that spilled over into lesser-known virtual currencies, sparking a larger debate over whether these alternative payment systems are at all valuable to society. I've argued that bitcoin itself isn't, but ...
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| South Korean Government Stressing Over "Irrationally Overheated" Bitcoin Market The country has been at the forefront of massive cryptocurrency adoption this year and the government has struggled to keep up with developments and trading in the industry, where arbitrage between exchanges is commonplace. Earlier in December, the South Korean government laid out plans to shut ...
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