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Venezuela Releases App To Change Bolivars To Crypto

Venezuela has been suffering financially for years now and the government has been scrambling hard for a solution to their financial woes. One of the steps taken was the release of a government owned cryptocurrency called the ‘Petro’. It hasn't

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China Continues To Crackdown On Offshore Crypto Operators

China’s crackdown on cryptocurrencies earlier this year significantly impacted the value of Bitcoin and hurt hundreds of businesses that were licensed to operate in China. Offshore operators have continued to target Mainland China and the demand for their services have

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JP Morgan Set To Launch New Free Trading Service

Investing is about to get a whole lot easier across the United States as JP Morgan gets ready to launch its investing service platform ‘You Invest’. The new service is expected to launch next week and will come bundled with

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Wall Street Banks Pump In $32m To Fund Blockchain Startup

Blockchain technology has captured the interest of many financial institutions. This is why we are seeing top Wall Street Banks eager to pump in millions of dollars into startup firms dealing with the blockchain. Axoni, a blockchain startup founded back

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London Stock Exchange Lists Its First Crypto Mining Company

Argo Blockchain PLC is making waves with its entry into the London Stock Exchange (LSE). This is because it is the first cryptocurrency mining company to be officially listed on the LSE. The move to take the company public and

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Börse Stuttgart Prepares To Host ICO And Crypto Trading

Germany's second-largest stock exchange, Boerse Stuttgart is planning to expand into the crypto market. Boerse Stuttgart recently announced that it will be setting up a new trading venue for cryptocurrencies. It will feature a way to safely store digital assets,

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Forex Probe Results In Antitrust Complaint Against Credit Suisse

Credit Suisse has joined the list of major banks who have been pulled up by financial regulators in recent times. European Union (EU) investigators recently confirmed that they are taking a closer look at Credit Suisse’s foreign exchange dealings. In

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American Express Accused Of Forex Manipulation By WSJ

American Express (AMEX) has now joined the list of major global banks who have been accused of deliberate forex manipulation to increase their profits. AMEX is facing scrutiny as the Wall Street Journal (WSJ) recently revealed that it had engaged

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Deutsche Bank Shifts Half Of Its Euro Clearing To Frankfurt

With Brexit on the horizon, the many banking firms that require direct access to the European Union are moving from their offices in London to more friendly jurisdictions. The latest firm to make the move is Deutsche bank which announced

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Facebook Suffers Largest Loss In US Stock Market History

The stock markets witness a lot of action just about every day but Thursday – July 26 will be a day that Facebook stakeholders will remember forever. When the markets closed on Wednesday, the social media giant had $630 billion

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