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Former Federal Reserve chairman Ben Bernanke offered both muted praise and criticism when discussing bitcoin in a new interview. The comments come more than two years after Bernanke, in a letter to Congress, highlighted the possible benefits and risks of digital currencies.
Bitcoin payroll startup Bitwage has wrapped up a period of fundraising during which it brought in a total of $760,000. Investors in the platform included Orange Telecom, Draper Associates and participants on the BnkToTheFuture.com investment platform.
BNP Paribas, Canadian Imperial Bank of Commerce, ING, MacQuarie and Wells Fargo are the latest major financial institutions to partner with distributed ledger startup R3CEV, according to a report by Reuters. In addition, the report suggested bitcoin developer Mike Hearn has been tapped by the R3 team in some capacity.
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