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Barbados-based blockchain startup Bitt is partnering with the Centrale Bank van Curaçao en Sint Maarten (CBCS) to look into issuing a central bank-backed digital currency for the two nations. Bitt, a portfolio company of Overstock’s Medici Ventures, said Monday that it has signed a memorandum of understanding (MOU) with the central bank for the Dutch Caribbean …

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The man behind two now-defunct cryptocurrency investment sites has pled guilty to securities fraud and obstruction of justice charges. The U.S. Attorney for the Southern District of New York announced the guilty plea on Monday, coming days after it was reported that Montroll was close to a deal with prosecutors. Jon Montroll was arrested back …

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Cryptocurrency exchange Coinbase has formed a Political Action Committee (PAC), according to government documents published Friday night. A disclosure published by the U.S. Federal Election Commission revealed that the exchange formed the “Coinbase, Inc. Political Action Committee” in June 2018, though it has yet to raise or donate any money. The Form 3x – a …

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A municipal utility provider in New York got the green light from state regulators to create a new set of electricity rates for cryptocurrency miners. The move by the The New York State Public Service Commission was announced Thursday, allowing the Massena Electric Department to “allow high-density load customers, such as cryptocurrency companies, to qualify for service …

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Ripple has a new senior vice president of business and corporate development. The San Francisco-based distributed ledger startup announced Wednesday the hire of Kahina Van Dyke, who most recently served as Facebook’s global director of financial services and payments partnerships. According to LinkedIn, Van Dyke is also a board director for Progressive Insurance and has …

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