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Blockchain ledgers can potentially bypass today's centralised financial infrastructure, according to a report by BBVA Research US. However, the possibility of a public ledger replacing the current centralised system, the report says, also comes with various risks and challenges.
11 Aug 2015 01:15 pm | Yessi Bello Perez
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A man charged by US prosecutors for operating bitcoin exchange service Coin.mx without a money transmission license has been released on bail. Murgio was arrested alongside Yuri Lebedev on 21st July and if convicted of money-laundering charges faces a maximum of 20 years in prison.
11 Aug 2015 10:17 am | Yessi Bello Perez
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A bitcoin industry think tank continues to be at odds with digital rights advocacy groups over their stance on pending bitcoin legislation in California. On Friday, Coin Center executive director Jerry Brito sought to denounce the Electronic Frontier Foundation (EFF) and Copia Institute, which are opposing the law.
10 Aug 2015 11:19 pm | Pete Rizzo
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The US Office of the Comptroller of the Currency is looking at how to regulate new financial technologies like bitcoin. The agency has put together a working group that will develop a framework for oversight of these technologies to take place.
10 Aug 2015 08:13 pm | Stan Higgins
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A new post by Deutsche Bank Research suggests banks should seek to leverage blockchain tech in an effort to improve services. Overall, the paper encourages the traditional financial sector to innovate without waiting on regulation, arguing that banks could use "certain parts" of the blockchain for different purposes.
10 Aug 2015 04:22 pm | Pete Rizzo
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