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Crypto Could Still Be ‘Global Currency of Future’: Nasdaq CEO

On route to Davos, Nasdaq CEO Adena Friedman says 2019 will be a year of disruption and innovation. Cryptocurrencies could still be a global currency if the “tremendous demonstration of genius and creativity” finds practical utility. Continue reading Crypto Could Still Be ‘Global Currency of Future’: Nasdaq CEO

Crypto is Worthless, Fails Basic Financial Tests: Bank of England Adviser

Legacy banks are not worried about crypto because it has no value and fails the fundamental tests of financial services. That’s the assessment of Huw van Steenis, the senior adviser to Bank of England Governor Mark Carney. Continue reading Crypto is Worthless, Fails Basic Financial Tests: Bank of England Adviser

Crazy Number of Subpoenas Shows Why Crypto Exchanges are Fleeing the US

A new report released by major crypto exchange ShapeShift revealed that it had received 18 subpoena requests from U.S. authorities in 2018. Despite being based in Switzerland, the U.S. government filed 30 percent of all requests ShapeShift received last year. Continue reading Crazy Number of Subpoenas Shows Why Crypto Exchanges are Fleeing the US

How Coinstar Could Turn $62 Million Dollars Worth of Literal Trash into Bitcoin

According to an estimate by recycling and waste management company Covanta Holding Corporation, Americans literally throw away $62 million dollars a year worth of spare pocket change. Covanta offered CBS News a theory along with the estimate “that the coins are probably tossed accidentally.” Continue reading How Coinstar Could Turn $62 Million Dollars Worth of Literal Trash into Bitcoin