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The Central Bank of Brazil (BCB) has announced a plan to launch a new near-instant payment system during November.The platform, called the Brazilian Instant Payment Scheme (PIX), will facilitate peer-to-peer and business-to-business transactions in 10 seconds or less via mobile phone, internet banking, or select ATMs. According to a press
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Though the Democratic presidential race in the United States may have lost its most forward-thinking candidate when it comes to cryptocurrency, that doesn’t mean it’s not still a hot button issue across party lines. The number of patents and companies associated with cryptocurrencies and blockchains continues to rise in
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Bitcoin (BTC) users who employ privacy tool CoinJoin to add anonymity to their transactions face a major wake-up call after exchange Binance froze a withdrawal.In an ongoing Twitter debate which began Dec. 19, a user by the name of Catxolotl uploaded what appeared to be correspondence from Binance Singapore
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Venezuelan President Nicolás Maduro announced that this week the government will pay half a Petro to Venezuelan retirees and public workers as Christmas bonus.With a total of 4,500,000 retirees and 3,500,000 public workers, Maduro said in a speech on Dec. 15 that he expects to deliver half a Petro
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On Nov. 27, major South Korean cryptocurrency exchange Upbit announced that 342,000 Ether (ETH), accounting for roughly $50 million, were stolen from its hot wallet earlier that day. Details remain vague, and some users are suggesting an inside job, although experts are skeptical of the theory after analyzing the
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Stephen Schwarzman, CEO of investment firm Blackstone, has offered his thoughts on the euphoria regarding blockchain and bitcoin. Schwarzman labeled bitcoin an ‘odd’ investment but admitted that the notion of a blockchain is quite interesting and sound, as reported by Forbes, September 22, 2019. Another Banking Veteran Against Bitcoin It comes as no
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