Federal Reserve Hikes Interest Rates for Third Time This Year, Keep 2018 Policy Outlook Unchanged

20:38 13/12/2017

The Federal Reserve moved ahead with its third rate hike of the year Wednesday, signaling renewed confidence in the domestic economy. In doing so, policymakers affirmed their outlook for three more upward adjustments in 2018.

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Swiss Banks Join Forces to Launch Ethereum Platform

13:28 11/12/2017

Switzerland’s largest banks have converged on a new blockchain initiative powered by the Ethereum network. The new program will be implemented just in time for new regulations related to counter-party reference data.

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South Korea Loosens Grip on ICOs

21:42 08/12/2017

Initial coin offerings (ICOs) will not be banned in South Korea after all, according to a recent decision by the central government. Although the market will still be governed by strict regulations, institutional players will have the opportunity to inves

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America's Largest Banks Do Not Support Bitcoin Futures

01:03 08/12/2017

The pending arrival of bitcoin futures has sent cryptocurrency prices through the roof, but for Wall Street, the new derivatives products are being met with criticism. In fact, the world’s largest banks are reportedly halting the move.

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Coinbase’s GDAX Crashes Briefly on Record-High Traffic

21:41 07/12/2017

Thursday, Dec. 7 will go down as a memorable day in the world of cryptocurrency after bitcoin added more than $5,000 in the span of 12 hours. The unprecedented traffic caused Coinbase’s GDAX exchange to crash as the spread on BTC/USD widened the most in r

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SEC Labels Canadian PlexCoin "A Scam"

13:20 05/12/2017

The U.S. Securities and Exchange Commission (SEC) didn’t mince words in its evaluation of PlexCoin, a Canadian cryptocurrency startup that launched its initial coin offering (ICO) this past summer. According to the SEC, PlexCoin “has all of th

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PBOC Official: One Day You Will See Bitcoin's Dead Body Float Away In Front of You

13:00 04/12/2017

China has no regrets about its decision to ban cryptocurrency exchanges, a top central bank official said over the weekend. In his view, by cracking down on cryptocurrency speculation, regulators may have prevented greater imbalances in the market.

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It's Official: Bitcoin Is Coming to Wall Street

06:19 02/12/2017

It’s official: bitcoin is finally coming to Wall Street, and it’s much sooner than you think.

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Nasdaq Enters the Race for Bitcoin Futures

23:00 29/11/2017

Nasdaq Inc. has announced plans to introduce bitcoin futures in the near term, a sign that the the cryptocurrency arms race was intensifying among major exchanges. The New York-based exchange expects to roll out bitcoin futures as early as next year, acco

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tZERO Expanding Service Offerings Ahead of Highly Touted ICO

21:50 25/11/2017

Overstock’s tZERO platform is adding new business services as part of its high-profile initial coin offering (ICO). The move is part of a broader plan to make tZERO the biggest ever token raise.

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CME Bitcoin Futures Likely Coming This Year

00:02 21/11/2017

CME Group will launch its highly anticipated bitcoin futures contract sometime next month, according to people familiar with the matter. Earlier in the day, the group’s website erroneously said the contract would begin trading on Dec. 11 before admi

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Switzerland Introduces New Bitcoin Futures Products

08:03 17/11/2017

Switzerland’s major financial institutions are making it easier to short bitcoin, as one of Europe’s most dynamic economies continues to embrace all things cryptocurrency.

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Bitcoin Prices Reach $13,500 in Zimbabwe as Military Putsch Triggers Currency Crisis

00:07 16/11/2017

If you think bitcoin prices are getting out of hand, you clearly haven’t been to Zimbabwe. The African country, which is known for runaway inflation and political instability, offers bitcoin at a 2:1 premium. The price gauge reached epic levels on W

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Asia Banking Giant Labels Bitcoin a 'Ponzi Scheme'

08:00 15/11/2017

One of Asia’s most prominent banking institutions has called bitcoin a ponzi scheme, signaling continued resistance to one of the most groundbreaking developments in recent history.

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Trump Won't Accept Corporate Tax Rate of More Than 20%: Mnuchin

07:29 14/11/2017

U.S. President Donald Trump has drawn a line in the sand on corporate taxes, according to Treasury Secretary Steven Mnuchin. In an interview with The Wall Street Journal, Mnuchin said 20% as the absolute highest the Trump administration was willing to go

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