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Bitcoin's rise in 2017 stuns even the currency's most ardent backers Ethereum, a rival digital currency, rose nearly 5000 per cent, trading near $US400 after starting the year at $US8. Companies launching initial coin offerings, a new version of early-stage fundraising focused on cryptocurrencies, gathered $US4 billion ($5.1bn) in new capital during the year. The bitcoin ...
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Bank of England Could Issue "Bitcoin-style Digital Currency" in 2018 The Bank of England might have "its own Bitcoin-style digital currency" this year already, according to the country's legacy media. The more than three hundred year old bank set up a research unit back in 2015 to investigate linking a state-backed crypto to sterling, and there appears to be a ...
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BSP on the pitfalls of virtual-currency transactions The Bangko Sentral ng Pilipinas (BSP) urged the public to exercise caution when transacting in so-called virtual currencies, such as the Bitcoin. In an advisory, the BSP said while virtual currencies potentially have benefits, financial consumers must bear in mind important security considerations.
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'The currency of communism' at British Museum It explores the use of currency and what it looks like under communism. Another aspect of the exhibition is to examine the acquisition of posters advertising banking services, government bonds, insurance and other themes relating to money. It looks at how money works at is represented in different ...
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Egypt's Dar al-Iftaa deems Bitcoin currency as forbidden in Islam Republican mufti Councellor Magdy Ashour issued a Fatwa (Islamic ruling) that deems the Bitcoin virtual currency as forbidden by Islam, accusing Bitcoin of being used to fund terrorism, reported Egypt Today. The mufti based his fatwa on the fact that there is no guarantee on where the money is going ...
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Is Bitcoin The Canary In The Crypto Mine: If So, Buy Gold Brexit uncertainty, mixed economic data and the weakening US dollar as a global reserve currency point to the rise of alternatives, such as Bitcoin and gold. Based on the ... Investors would rush to other currencies, such as the euro, or other assets, such as gold and commodities. Demand for Treasuries ...
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Dash Applications: Places to Spend Your Dash Coin Currency Before we get into Dash applications, a brief Dash wiki is in order. Dash (digital cash) is a cryptocurrency that has been getting a lot of interest in recent times. And for good reason. Its unique two-tier network easily allows for upgrades, so it is always future-ready. It was originally called XCoin, later ...
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