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Money or property? How global governments define cryptocurrencies

[ad_1] Cryptocurrencies: what are they? Money? Raw material? The titles? Utility token? Or something else? Few national governments seem to agree on this matter somehow, and for now, at least, their divisions have given currencies such as Bitcoin and Ethereum an indeterminate and floating status on the global stage. As …

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US regulators lagged behind supporting fintech innovation

[ad_1] Regulators in the United States are struggling to keep up with the rate of technological innovation overwhelming financial services. Between technology startups, traditional companies seeking to use emerging products such as blockchain and non-traditional companies entering finance, regulators around the world are re-evaluating existing frameworks and rules. The United …

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GOLDMAN SACHS: Bitcoin will never come back

[ad_1] Chris Hondros / Getty Images Goldman Sachs' investment strategy group states that bitcoin will continue to decline. He also says that virtual currency does not meet any of the three usable money definitions and only makes up 0.3% of global GDP. Bitcoin decreased by 45% in 2018. Follow bitcoins …

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