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Likely New York Fed president says bitcoin 'doesn't pass the basic test' for a currency The central banker expected to be the next head of the New York Fed doesn't think much of bitcoin and other cryptocurrencies. "Cryptocurrency doesn't pass the basic test of what a currency should be," John Williams, currently the head of the San Francisco Fed but the nominee for the top slot in New ...
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Square Rises As Digital Currency Bitcoin Stages Mini-Rally Square Cash users can buy and sell the digital currency. An Instinet analyst on Wednesday said that Square's correlation with Bitcoin's price change has "been on a downward trend." However, the Instinet analyst said Square's first-quarter results could get a boost from the digital currency. The digital ...
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Ripple Prices Surge 20% As Cryptos Rebound XRP appreciated as several other digital currencies moved higher. At the time of report, every one of the top 10 cryptocurrencies by market value were up over the last 24 hours. [Ed note: Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it ...
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EGuinea opposition derides rights meet, says abuses 'common currency' "Human rights violations are common currency and used by those who wield power in Equatorial Guinea," said the main opposition Citizens for Innovation (CI) party. It said the April 18-21 conference aimed at "dispelling falsehoods about Equatorial Guinea" was an attempt to whitewash its record.
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Coinbase is gaining currency as it boosts a sense of community Coinbase. Size category: Midsize (100-249 employees). Rank: 13. CEO: Brian Armstrong. HQ: San Francisco. Bay Area employees: 240. What it does: Crypto exchange. Score: 92.22. Coinbase is a cryptocurrency platform that serves multiple different functions. For example, Coinbase offers a ...
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Why India Is Now Scrambling to Print More Currency: QuickTake (Bloomberg) -- Seventeen months after India's leaders removed most paper currency from circulation, the government and monetary authority are seeking to quell fears of a cash shortage by printing more currency. The key problem: Cash-dispensing machines are reported to be running dry in some ...
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