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What China’s Cashless Revolution Can Teach the West About Crypto

What China’s Cashless Revolution Can Teach the West About Crypto Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. …

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Quick Brew? BitFury’s Coffee Machine Accepts Bitcoin Via Lightning Network

Quick Brew? BitFury’s Coffee Machine Accepts Bitcoin Via Lightning Network Blockchain firm Bitfury has come up with a novel product aimed to make it easier to pay for products with bitcoin. To that end, a specialized engineering team within the company has developed a coffee vending machine capable of connecting …

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New York AG Report Faults Crypto Exchanges for Manipulation Risks

New York AG Report Faults Crypto Exchanges for Manipulation Risks The New York Office of the Attorney General (OAG) has released a report on cryptocurrency trading platforms, finding that many are vulnerable to market manipulation and referring several exchanges to another agency for potential violations of state law. The NYAG’s …

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Mastercard Patent Filings Tout Blockchain for Immutable Data Records

Mastercard Patent Filings Tout Blockchain for Immutable Data Records Payment services giant Mastercard is looking at the use of blockchain for keeping track of consumer payments, newly published patent filings suggest. In a series of largely similar patent applications published last week by the U.S. Patent and Trademark Office, Mastercard …

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Indian Government Approves Bank’s Blockchain Research

Indian Government Approves Bank’s Blockchain Research The Republic of India may be taking a deeper look at how it can use blockchain technology. India’s Union Cabinet – an executive decision-making body composed of senior government officials and led by Prime Minister Narendra Modi – said it would allow the nation’s Export-Import …

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Crypto Exchange ShapeShift Is Moving Away From Its No-Account Model

Crypto Exchange ShapeShift Is Moving Away From Its No-Account Model Cryptocurrency exchange ShapeShift has launched a new membership program that will eventually become mandatory for its users. Positioned as a loyalty program, the initiative will see the startup offer a range of benefits while also moving to start collecting some …

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British Maritime Society Builds Blockchain Tool for Ship Registration

British Maritime Society Builds Blockchain Tool for Ship Registration British maritime classification society Lloyd’s Register has developed a prototype blockchain platform aimed to enable more efficient shipping registration, the organization announced Tuesday. The not-for-profit, which is already looking at using blockchain to improve the safety and security of critical shipping infrastructure …

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Crypto Wallet Abra Opens Door to More European Users

Crypto Wallet Abra Opens Door to More European Users Crypto wallet and exchange startup Abra is opening up a new channel for deposits: European bank accounts. Residents in the Single Euro Payments Area (SEPA), as well as additional nations in the European Union, can now transfer euros or other national currencies directly to …

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Crypto Exchange AirTM Targets Troubled Markets With $7 Million Raise

Crypto Exchange AirTM Targets Troubled Markets With $7 Million Raise Peer-to-peer cryptocurrency exchange AirTM has raised $7 million in a Series A funding round. The Mexico-based startup, which seeks to help individuals conduct transactions and bypass traditional banking services, revealed the news Wednesday, saying it will direct the funds toward …

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Crypto Isn’t Just Money – It’s a Defense Against Discrimination

Crypto Isn’t Just Money – It’s a Defense Against Discrimination Sonya Mann works in communications and marketing at the Zcash Foundation, a financial privacy non-profit. She is a former technology journalist. For Americans, it can be easy to discount the social relevance of censorship-resistant digital assets like bitcoin. Unlike people …

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