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The basket of assets backing Facebook’s Libra stablecoin needs to change in order for the project to be accepted by regulators, according to Switzerland’s President.“Central banks will not accept the basket of currencies underpinning it”Reuters reported on Dec. 27 that Swiss finance minister and outgoing president Ueli Maurer said
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The world’s combined debt will hit $255 trillion by the end of 2019 — equal to $32,500 for each person on the planet or $12.1 million per Bitcoin (BTC).Bitcoin figures reacted with shock to the latest figures from the Institute of International Finance, which this month updated its Global
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The formerly anonymous administrator of the cryptocurrency exchange WEX, which shut down last summer, has made some shocking claims about the fate of “hundreds of millions” of dollars of clients’ cryptocurrency in talks with Russian police. Russian citizen Alexei
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G7 has just recently released a report addressing a long list of concerns it has with global stablecoins like Libra.French Finance Minister Bruno Le Maire said on Friday that Paris, Rome, and Berlin will join together in the effort of blocking Facebook’s new digital currency Libra in Europe.This is not
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Venezuela has finally obtained its very first Bitcoin ATM. According to data presented on Coin ATM Radar, the Latin American firm PandaBTM has installed a crypto ATM in San Antonio del Táchira on September 10. Coin ATM Radar allows users to find the nearest Bitcoin ATM online.Venezuela has been going
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Ripple price failed to break the main $0.2650 resistance area against the US dollar.The price is currently correcting lower and is trading near the key $0.2580 support area.There was a break below a major bullish trend line with support at $0.2620 on the hourly chart of the XRP/USD pair (data
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