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| Bitcoin billionaires: Winklevoss twins' $11m bet on digital currency is now worth $1 billion The twin brothers who sued Mark Zuckerberg claiming he stole the idea for Facebook are worth more than $1bn after capitalising on the astonishing rise in Bitcoin. An $11m (£8m) bet on Bitcoin made by Tyler and Cameron Winklevoss over four years ago has ballooned by almost 10,000pc after last ...
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| Bank of France Governor: Invest in Bitcoin 'At Your Own Risk' The governor of the Bank of France has become the latest to voice a warning about investing in bitcoin, stating that those who do do so at their 'own risk.' Speaking at a conference in Beijing on Friday, 58-year-old Francois Villeroy de Galhau, said that bitcoin was neither a currency nor a cryptocurrency, ...
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| Letter: Change money policy to combat drug trade The government should counterstamp all its currency "Not redeemable outside of the United States and its territories." The dollars would only be able to be redeemed in the U.S., not in Mexico or some other country. Take the profit out of the drug trade and the problem goes away. There is a precedent for ...
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| ANALYSIS: US-Iran sanctions trial may hamper Turkey's struggling economy The publicity surrounding the case will likely lead investors to flee the Turkish lira and possibly send the country's currency down even further, said Marcus Chenevix, a Middle East, North African and global political research analyst at TS Lombard in London. Amid the alleged connection of fired National ...
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| CANADA FX DEBT-C$ rallies the most in 21 months on jobs surge (Adds dealer comment, details throughout; updates prices) * Canadian dollar at C$1.2696, or 78.76 U.S. cents * Currency's 1.6 percent gain is biggest since March 2016 * Canadian employment rises 79,500 in November * Bond prices lower across a flatter yield curve By Fergal Smith TORONTO, Dec 1 ...
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