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Sprint Stock Soars 70% on T-Mobile Merger Approval – Will Consumers Hold the Bag?

Sprint and T-Mobile have won a major lawsuit in their quest to merge. The deal is great for Sprint’s investors, but it will dramatically reduce competition in the industry. This merger is a major setback for anti-trust concerns in the United States, and it may harm consumers. Sprint’s (NYSE:S) stock soared over 70%

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First China-Based Blockchain ETF Awaits Regulatory Approval

Penghua Fund, an asset management firm based in the Guangdong province of China, has filed an application to list a blockchain-centered exchange traded fund (ETF) in China.Shanghai Securities News reported that if the application is approved, which is currently under review by China Securities Regulatory Commission, this would mark the

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France’s Financial Regulator Grants Country’s First Approval for an Initial Coin Offering

The hype around initial coin offerings may have quieted down in the States, but France seems to be taking a newfound interest. On Dec. 17th, France’s financial regulator, the Autorité des Marchés Financiers (AMF), granted the country’s first approval for an ICO application.The offering came from French-ICO, a company

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Nike Receives Approval for Patent of Blockchain-Enabled Sneakers ‘CryptoKicks’

Nike has recently become a patent holder for a new and innovative sneakers called ‘CryptoKicks.’ CryptoKicks use blockchain technology to attach digital assets such as cryptocurrency to a material product. They are the up and coming vision for Nike as the popularity of cryptocurrency grows in developed nations.In addition to

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