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JPMorgan launches payment network using blockchain technology

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The largest bank consortium in the US, , is launching a new platform for interbank payments, built on the basis of a blockchain. The Interbank Information Network (IIN) will be launched with the participation of two other banks - the Royal Bank of Canada and the Australian and New Zealand banking group and is built on Quorum, the corporate blockchain network JPMorgan based on the Etherium, which was first introduced last fall. It is expected that during the coming months other participating banks will join this initiative.

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The first Blockchain & Bitcoin Conference Malta to be held in St. Julian's

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St. Julian’s will host the event for all those interested in blockchain and cryptocurrencies in terms of business - Blockchain & Bitcoin Conference Malta. (December 7, 2017). Its participants include entrepreneurs, investors, consultants and IT specialists working with blockchain and digital currencies. The event will be attended by representatives of the Government of Malta. At the beginning of the event, they will make a welcoming speech. Speakers of the conference are analysts of the cryptocurrency markets; financial and legal experts; blockchain developers; representatives of startups and large companies that use blockchain technology; cryptocurrency and venture investors.

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Faunus Affiliate Network Hosting The First Ever Crypto Themed Affiliate Conference

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Crypto Affiliate Conference 2017 will be a crucial stepping stone for the whole digital marketing community in the presently changing environment. The participants will have a chance to introduce their Crypto products to a wide array of affiliates and advertisers in order to work out the best marketing strategies on the spot and engage in long-lasting beneficial partnerships. There will also be a plethora of speakers raising important crypto related questions to listen to.

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Woo Law: The number of bitcoin users doubles every 12 months

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Bitcoin and crypto-currency researcher Willy Woo, who is highly respected in the community, announced that the number of Bitcoin users is about doubled every 12 months. Using as one of the main indicators of the increase in the number of Bitcoin users of the Google Trends app, Wu formed an infographic showing the exponential growth rate of the bitcoin user base. You stressed that against the backdrop of a stable growth rate and periodic surges, which usually depend on the movement of the price of the crypto currency, in the long term the bitcoin network will continue to demonstrate a steady increase in the user base.

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Julian Assange "thanked" the US government for the growth of savings in bitcoins 50 times

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Julian Assange, founder of Wikileaks, "thanked" in his Twitter for the US government and financial institutions for the persecution of Wikileaks, which forced the organization to switch to bitcoin in 2010. In his publication Assange notes that the accumulation of Wikileaks in the crypto currency grew by more than 50 000%. On October 14, Julian Assange expressed his "deepest gratitude to the US government, Senator McCain and Senator Lieberman for forcing Visa, MasterCard, PayPal, AmEx, Moneybookers and other payment systems to organize the illegal banking blockade of Wikileaks in 2010." Assange said that the financial embargo "forced Wikileaks to invest in bitcoin, due to which the organization increased its investments by more than 50 000%."

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Opinion: In a few years, crypto-currencies will become a full-fledged means of payment

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Business consultant, member of the board of directors of the block-startup CopPay Itzhak Adizes, shared his thoughts about the future of the crypt. According to Adizes, the crypto-currencies transform the financial market in the same way that Amazon transformed retail trade. Despite the fact that nowadays crypto-currencies are mostly a speculative instrument and they have not yet become a part of the world economy, this line will gradually fade away.
Like Amazon, which allowed to make purchases without leaving home, bitcoin and other crypto-currencies will allow it to do without the participation of fiat money. For the crypto currency, the future and very many people understand this.

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The head of the IMF believes that crypto-currencies should be taken seriously

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Christine Lagarde, head of the International Monetary Fund (IMF), warned that central banks and financial services should pay attention to crypto-currencies. In an interview with CNBC at the annual IMF meetings in Washington, DC, Lagarde said: "I think that we will see massive shifts". According to Lagarde, the Crypto-currencies can play a future role in the renewal of the IMF's own domestic currency, the reserve asset of which is called Special Drawing Right (SDR). What we will learn is how this currency, special drawing rights, can actually use this technology to be more efficient and less expensive.

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Analysts: bitcoin is not money, only an asset that is "resistant to censorship"

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Bitcoin is a "class of assets that are not subject to censorship," but it's also not quite money, analysts at Bernstein, based in New York, say. According to Business Insider, in a message that was sent to the company's customers on Wednesday, Bernstein analysts conducted a study of this issue, ultimately suggesting that although bitcoin possesses some characteristics of money, it does not comply with the definition that is currently applied to money. Fee money is still the main form of financial regulation - governments still collect taxes in fiat money, and salaries are still paid in fiat money, "the report explains." Thus, today bitcoin emerged only as a class of assets that "are not subject to censorship."

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Financial regulator of Abu Dhabi published rules for the regulation of ICO campaigns

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The Financial Services Authority of Abu Dhabi, the capital of the UAE, made public recommendations concerning virtual currencies and ICO. These instructions have been published to clarify the regulatory approach of the Abu Dhabi government for ICO and crypto currency both for the organizers and for users of digital currencies. After discussion, the Financial Services Authority (FSRA), the financial market regulator in Abu Dhabi, decided that the one-size-fits-all approach to virtual tokens, be it ICO tokens or digital currencies, or any other implementation of block-based solutions based on cryptographic tokens, is "inappropriate".

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Chinese ICO move to the Japanese market

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The largest in Japan bitcoin-exchange Coincheck received "hundreds of requests" from Chinese startups to add to the listing their tokens after the ban of ICO in China. In an interview with the Chinese edition of the Global Times, the head of the Coincheck department for international development, Kagayaki Kawabata, said: "We receive hundreds of requests from Chinese start-ups and start-ups around the world to add their tokens after the Chinese government banned the ICO".

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