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Cryptocurrency

A cryptocurrency (or crypto currency) is a medium of exchange using cryptography to secure the transactions and to control the creation of new units. Cryptocurrencies are a subset of alternative currencies, or specifically of digital currencies. Bitcoin became the first decentralized cryptocurrency in 2009. Since then, numerous cryptocurrencies have been created. These are frequently called altcoins.

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Bitcoin

Bitcoin is a payment system introduced as open-source software in 2009 by developer Satoshi Nakamoto. The payments in the system are recorded in a public ledger. Payments work peer-to-peer without a central repository or single administrator, which has led the US Treasury to call it a decentralized virtual currency. Although its status as a currency is disputed, media reports often refer to bitcoin as a cryptocurrency or digital currency.

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Bitcoin & Cryptocurrency Latest News

Bitcoin Exchange Coinbase Stops Services in Hawaii Due to “Untenable” Regulation
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Prominent Bitcoin and Ethereum exchange and wallet Coinbase announced that it is forced to stop supporting customers in Hawaii due to an impractical and untenable regulatory policy.

The post Bitcoin Exchange Coinbase Stops Services in Hawaii Due to “Untenable” Regulation appeared first on CryptoCoinsNews.

Newly Found Enterprise Ethereum Alliance to Promote Blockchain Adoption
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Some of the leading corporates and cryptocurrency startups have come together to create Enterprise Ethereum Alliance. The new enterprise collaboration is focused on the promotion, development, and implementation of Ethereum based blockchain applications across leading industry segments. The creation of a new alliance was announced earlier today in a press release. According to the release, … Continue reading Newly Found Enterprise Ethereum Alliance to Promote Blockchain Adoption

The post Newly Found Enterprise Ethereum Alliance to Promote Blockchain Adoption appeared first on NEWSBTC.

JP Morgan Positions to “Not Be Completely Disrupted” at the Launch of Enterprise Ethereum
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Thinking has started to change Amber Baldet from JP Morgan told a mixed room of start-ups, corporations, banks and tech companies, at the launch of Enterprise Ethereum (EEA) an alliance of global household brands. How do we take the thinking from this could be a threat to what is the opportunity here? she asks, how are we going to position ourselves to not be completely disrupted?

The post JP Morgan Positions to “Not Be Completely Disrupted” at the Launch of Enterprise Ethereum appeared first on CryptoCoinsNews.

Virtual Currencies Included In Amendments To EU Anti-Money Laundering Directive
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Amendments to the European Union anti-money laundering law places virtual currencies under the same obligations as other payment institutions, according to the European Parliament news service. The MEPs recently agreed to the amendments by a vote of 89 to 1. The amendments approved by the Economic and Monetary Affairs and Civil Liberties committees are designed to eliminate gaps in the EUs laws to prevent money laundering and terrorism financing. The law would also include stricter rules to prevent tax evasion.

The post Virtual Currencies Included In Amendments To EU Anti-Money Laundering Directive appeared first on CryptoCoinsNews.

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