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Russia’s Industrial Giant Rostec Announces Blockchain-Based Alternative to SWIFT – Finance Bitcoin News

Rostec, the Russian manufacturing and technology conglomerate, has developed a system allowing the processing of international settlements and storage of digital currency. The blockchain-based platform has been announced as an alternative to SWIFT, which is unavailable for some Russian banks. Rostec Employs Distributed Ledger Technology to Substitute SWIFT Russian state-owned corporation Rostec

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French Luxury Giant Balenciaga Unveils Bitcoin and Ethereum Payments

Customers in the United States can pay for items using crypto Bitcoin and Ethereum are the primary options for now Balenciaga plans to add more cryptocurrencies as time goes on Other Fashion industry stakeholders like Gucci and Tag Heuer also recently announced support for Crypto payments Avant-garde fashion behemoth Balenciaga is set to expand

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Bitcoin investment giant Grayscale debuts ETF in Europe

Crypto investment giant Grayscale is expanding operations by launching a new crypto-linked exchange-traded fund (ETF) in Europe.Grayscale officially announced its first European ETF, called Grayscale Future of Finance UCITS ETF, on May 16.The new investment product is getting listings on major European stock exchanges, including the London Stock Exchange, Borsa

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Bitcoin Bloodbath Awakens Sleepy Giant As Spot Volumes Surge

Data shows the Bitcoin carnage has awakened the dead trading volume that had persisted since many months now. Bitcoin Trading Volume Surges To Highest Value Since December As per the latest weekly report from Arcane Research, the latest bloodbath in the crypto market has awakened BTC’s spot trading volume. The “trading volume” is

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Derivatives Exchange Giant CME Group Adds 11 New Cryptocurrency Reference Rates – Finance Bitcoin News

Global markets company and Chicago-based derivatives exchange CME Group plans to launch 11 new reference rates tied to specific crypto assets. The reference rates and real-time indices bolstered by CF Benchmarks are typically leveraged by exchange-traded products and other investment vehicles. 11 Crypto Assets Get Reference Rate Treatment From CME

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