Ripple Gains BitLicense in New York

 Ripple Labs Inc., has had its BitLicense application approved today by New York state’s financial regulator. The New York State Department of Financial Services (NYDFS) has approved Ripple Labs’ BitLicense application. Granted today, the approval will grant Ripple the license to sell and obtain XRP – the native digital asset of the Ripple Consensus Ledger, […]

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Obama’s Economic Policy Advisors Strategizes With Fintech Industry Players

President Barack Obama’s economic policy staff recently met with stakeholders across the fintech ecosystem to discuss how fintech can support economic policy, Adrienne Harris, special assistant to the President of economic policy, noted in a White House blog. The attendees included policy makers, fintech startups and investors. The meeting addressed cybersecurity, ways to manage small […]

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Gaming Payment Platform ‘Breakout Coin’ Launches Coin Sale

Breakout Coin, an in-game staking mechanism, cryptocurrency payment and loyalty platform on the Breakout Chain blockchain, will launch a public coin sale at 10 a.m. PDT on Monday, June 13, 2016. The Bittrex cryptocurrency exchange will host the coin sale. A total of 6,627,494 Breakout Coins (BRK) will be offered. Combined with a prior sale […]

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Report: Japan’s Largest Bank to Launch Digital Currency in 2017

According to a report, the Bank of Tokyo-Mitsubishi UFJ Ltd., Japan’s largest bank will soon become the world’s first global bank to issue its own digital currency. A new bank-issued virtual currency may be in the offing next year. Dubbed “MUFG coin”, short for the Mitsubishi UFJ Financial Group — the parent company of the […]

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Newsflash: Bitcoin Price Continues Sprint Towards $700

Bitcoin price continues its bullish swell as it surged to a two-year high over the weekend amidst increased demand from new Chinese investors and expectations of a further surge ahead of the halving event next month. The Bitstamp Price Index (BPI) struck a high of $693.97 in USD trading today, a milestone that represents a […]

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NFL Star Darren McFadden: Accountant Blew $3 Million On Bitcoin Mining

Many reading this would enjoy the opportunity to invest a solid $15 million into mining bitcoins, but an NFL star is alleging in civil court that his financial manager, Ameriprise Financial employee Michael Vick, did exactly that – with the star’s money. The tone of the lawsuit makes it seem that the money manager was […]

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Newsflash: Bitcoin Price Bulldozes toward $650, Already at 2-Year High

Bitcoin price has gained plenty of ground in an explosion of demand due to Chinese buyers, easily spiking over 10% of its trading value in USD in a 13-hour period that began late Saturday night leading into Sunday noon (UCT). Bitcoin price rang the $600 mark for the first time since July 2014 and is […]

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‘The Street’ Cites Bitcoin Among Investments Set To ‘Soar’

Bitcoin is among the investments expected to soar, according to Tradebird, a social trading app, reported The Street, a site that offers insight on investing. The Street and the investor comments it cited join the growing investment community interest in bitcoin. The Street article cited the impressive gains of the Grayscale Bitcoin Investment Trust. Other investments expected […]

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