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Governments Sending Conflicting Messages Over Crypto Legality, Prelude To Regulations

Volatility has become the norm among cryptocurrencies, with prices fluctuating significantly over the last few months. More recently, a different form of volatility has emerged. A number of influential nations have been issuing vague and often contradictory statements regarding crypto regulation. Not surprisingly, these actions have caused confusion, and have sparked dramatic swings in valuations.…

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China’s Largest Private Conglomerate Makes Major Investment in Blockchain Startup

Fosun Group, China’s largest private conglomerate, has made a large investment in Shanghai Distributed Technologies Co. Ltd., the parent company of the blockchain startup Onchain. Onchain is developing systems to provide distributed ledger technology to a broad spectrum of entities. Interest in blockchain applications is growing rapidly in China, and this move is a signal…

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Point-Of-Sale Services Moving Quickly to Make Cryptocurrency Mainstream

Since the introduction of Bitcoin, technologies and services have gradually improved the ease of acquisition and use of cryptocurrency. Currently, purchasing crypto has never been easier, and thousands of businesses accept it for payment. Moving cryptocurrency into the mainstream will require a continuation of this trend. A number of companies are quietly making crypto more…

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State Sponsorship

Crypto advocates have long asserted that freedom from government control and manipulation is a key advantage of cryptocurrencies and their underlying blockchain technology. It was, in fact, the lack of control that prompted several nations to adopt anti-crypto positions in past years. More recently however, governments around the globe have begun to embrace cryptocurrencies and…

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