In 2015, Cointelegraph reproted that Sweden is to become the first ever cashless country in the world. A study conducted by KTH Royal Institute of Techonlogy, around six banks were refusing to operate with cash. Naturally, Bitcoin was rumored to have great future in the country's plans for becoming fully "cashless" society and first Scandinavian country…
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On September 25th, at the hearing of the Committee on Economic and Monetary Affairs of the European Parliament, Mario Draghi, the President of ECB, talked about the current economic and inflation outlook for the European Union, the growth of the real GDP (coming at 2.3%), the corporate sector purchase program and the monetary policy in…
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The Financial Times reported that Mizuho Financial Group and Japan Post Bank are forming a consortium to launch a domestic digital currency: the J-Coin. The idea is to make Japanese people less dependent on cash and fiat money. According to FT, the Japanese consortium plans to launch the financial innovation just in time for the…
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The State Duma, Russia’s lower house of the Federal Assembly, announced that it may initiate a special bill in October that will regulate the trade of digital currencies, as reported by Jens Kalaene at RT. As many other big “players”, like China, are now trying to get hold of the overwhelming popularity of cryptocurrencies, with…
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UK online trading leader IG Group Holdings plc (LON:IGG) today announced that has launched trading on Ether, the token of the Ethereum network. This development enables traders to take a position on whether the value of the cryptocurrency will rise or fall, without having to take the risks associated with buying and storing it. Rupert…
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ASIC regulated Retail Forex broker IC Markets announced today that has added Bitcoin (BTCUSD) to its growing product offering. The addition of Bitcoin, 2017’s best performing asset with a price increase exceeding 350%, comes after burgeoning client demand as the Cryptocurrency soars to record highs. The IC Markets Bitcoin product is traded as a CFD,…
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Global retail forex and multi-asset broker HotForex just announced that has now added Bitcoin to its Cryptocurrency CFDs to allow traders to buy and sell it after starting to offer it as a deposit option earlier in the year. A HotForex spokesperson commented: Bitcoin has been rapidly changing the financial world since it was created.…
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Market analysis company ChineseInvestors.com, Inc (OTCMKTS:CIIX) today announced the launch of its cryptocurrency education and trading subscription service on Chinesefn.com, the Company's dynamic financial website that provides real-time market commentary, analysis, and educational related services to Chinese-speaking investors. The new subscription service will cover timely news and will provide analysis regarding all aspects of the emerging…
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Overstock.com, Inc.(NASDAQ:OSTK) announced an integration with ShapeShift, the instant digital asset exchange, that allows customers to use all the major cryptocurrencies, including Ethereum, Litecoin, Dash, Monero, and the new Bitcoin Cash, to buy online from Overstock's selection of nearly 4 million products, including, furniture, accessories, bedding, décor, rugs, DIY, and more. ShapeShift allows digital currencies…
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Cryptocurrencies have exploded onto the global technology and financial scene in 2017. As of August, 2017, there are over 800 different cryptocurrencies with a total market capitalization of over $80 Billion according to CoinMarketCap. However, with this growth has come incredible multi-million dollar hacks on cryptocurrency exchanges like Bitfinex, Bithumb, Mt. Gox, and many others.…
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