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Maduro Asks Venezuela’s Banks to Mine and Use Cryptocurrency – Unions Outraged

Venezuela’s president Nicolas Maduro has authorized all savings banks in the country to mine and use the recently launched national cryptocurrency, the petro. Union leaders are outraged by the suggestion, calling the petro a scam, accusing Maduro of abusing his power, and declaring the idea unconstitutional.

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An Ethereum Classic Fork Snapshot Is Coming Next Week

Next week the ethereum classic (ETC) community is expecting to receive coins from a ‘snapshot’ fork called ‘callisto’ (CLO). The clone will be an exact copy

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Businesses Can Now Use Google’s RCS Platform To Send Multimedia Texts To Android Users

Google detailed its plans to introduce RCS messaging service soon. The company intends to compete with Apple’s iMessage and provide an interactive communication platform for Android users.

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PR: US Fintech Expert From Prudential Financial Launches Cryptocurrency – Backed Lending Startup Money Token

Alex Rass, blockchain expert and enthusiast with a history of Fintech experience gained at Prudential Financial, Bloomberg and Goldman Sachs has launched a blockchain based financial services ecosystem called MoneyToken. MoneyToken focused on cryptocurrency-backed lending, stablecoins development and crypto assets leveraging. Its innovative economic model allows you to hold onto your cryptocurrency assets and spend cash at the same time.

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France Cracks Down on Bitcoin Derivatives

France’s Autorité des marchés financiers (AMF) issued two directives, one concerning ICOs and the other suggesting bitcoin derivatives will be regulated.

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