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| Japan's Aso tells cryptocurrency exchanges to strengthen controls after $530 million theft Aso, who doubles as financial services minister, made the remarks after Japanese authorities said on Monday they would investigate all cryptocurrency exchanges in Japan for security gaps and ordered Coincheck to raise its standards. "It was a matter for great regret that illicit access caused a massive ...
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| An oil-backed cryptocurrency? Introducing Venezuela's 'Petro' On December 3, 2017, Venezuelan president Nicolas Maduro announced plans to create a national cryptocurrency called the 'Petro' that will be backed by the country's natural resources, most notably its substantial oil reserves. Currently, Venezuela is facing US government led sanctions that make ...
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