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Bitcoin not yet proven as credible currency: Japan finance minister

JapaneseFinanceMinisterTaroAsosaidonTuesdaythatbitcoinhasnotbeenproventobeacrediblecurrencyandthathewouldwatchitsdevelopmentsinthenear-term.Hemadetheremarktorep

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Bitcoin futures launch sparks excitement, warnings

BitcoinwillmakeitsdebutonamajorexchangeSunday,alandmarkforthecryptocurrencythathasgeneratedenthusiasmamongsomeinvestorsandmorethanalittleanxietyfromothers.TheCb

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The wild week of Bitcoin

ThisweekhasbeenarollercoasterrideforBitcoin–andcouldsignalanequallyunpredictablefuture.Whathappenedthisweek?Theeight-year-oldcryptocurrencyhaspulledindrovesofin

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Bitcoin crosses $10,000 milestone

Virtualcurrencybitcoinsoaredtoanall-timehighabove$10,000(£7,493)onWednesdayonmajorexchangesanddigitalcurrencyindexes,includingthewidelyfollowedLuxembourg-basedt

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Egypt detains 29 people suspected of spying for Turkey

CAIRO,Nov.22(Xinhua)--TheEgyptianprosecutionorderedonWednesdaythedetentionof29peopleoverchargesofspyingforTurkeyagainsttheEgyptiannationalinterests,officialMENA

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Bitcoin will ‘implode’, says Saudi billionaire Prince Alwaleed

DigitalcurrencyBitcoinhasbeeninnewslatelyasithitanall-timehighofover6,100USdollarslastSaturday.Accordingtomediareports,thousandsofVenezuelansareusingbitcoin“min

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Bidding with bitcoin, a world first at Italian auction

ItalianauctionhouseSant'AgostinosaidWednesdaybiddersatitsnextsalewillbeabletosettleupinbitcoin,aworldfirstaccordingtotheauctioneers.Earlynextweek,around600Itali

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U.S. Treasury says no major trading partner manipulates currency

U.S.TreasuryDepartmentsaidonTuesdaythatnomajortradingpartneroftheUnitedStates,includingChina,manipulatedtheircurrencies.InitsSemi-AnnualReporttoCongressonIntern

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IBM and Stellar Are Launching Blockchain Banking Across Countries

Inabreakthroughforpaymentstechnology,IBMandanetworkofbankshavebegunusingdigitalcurrencyandblockchainsoftwaretomovemoneyacrossbordersthroughouttheSouthPacific.Th

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Bitcoin price soars above $5,000 to record high

Thepriceofbitcoin,theworld’sbest-knowncryptocurrency,hassmashedthrough$5,000toanewall-timehigh.Bitcoinisnowtradingat$5,186comparedwith$966atthestartoftheyear.Th

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Spectre of Zimbabwe hyperinflation triggers panic-buying

Drivingtoworklastweek,DennisZhemifoundhisusuallybusyneighbourhoodgarageintheZimbabweancapitalHararedesertedandaforecourtattendantsignalling"nofuel".ForZhemi,itw

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Yuan gets more international recognition despite volatility

China’syuan(renminbi)isheadingforitsbiggestquarterlyadvancesince2011eventhoughitstillfacesanoticeablesharpreversalthisweek.Sincehittingitshighestlevelinnearly21

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Decentralization bitcoin's Achilles' heel

The price of the digital currency bitcon hit $4,045 on Sunday, almost 3.23 times its exchange value early this year. Economic Information Daily commented on Monday:

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Decentralization bitcoin's Achilles' heel

Thepriceofthedigitalcurrencybitconhit$4,045onSunday,almost3.23timesitsexchangevalueearlythisyear.EconomicInformationDailycommentedonMonday:Overthepastthreeweeks

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The future of Bitcoins: Legalizing the digital currency

Bitcoin, the primary cryptocurrency or digital currency, has been publicly traded in China only as a form of investment, but is not allowed to circulate as a legal currency by Chinese banking regulators.

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As bitcoin's value rises, so does criminal activity

Bitcoinisenjoyinganimpressiverally,withitspricetriplewhatitwasatthebeginningoftheyear.Butthesurgehasalsoledtoincreasedcriminalactivitythattakesadvantageofanonym

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China testing digital version of national currency: report

Manyarguethatcryptocurrencies,suchasbitcoin,maybecomethemoneyofthefuture,andChinaseemstobetakingitupanotchbyworkingonturningeCurrenciesintoalegaltender,accordin