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Stock Exchange Operator TMX Group is Launching a Cryptocurrency Brokerage
Canada-based stock exchange operator TMX group announced on Thursday that its wholly-owned-subsidiary, Shorcan Digital Currency Network (Shorcan DCN) has agreed on a partnership with Paycase Financial about launching a cryptocurrency exchange. The focus will be on Bitcoin and Ethereum at the launch and its planned to take place in the second quarter of 2018. Shorcan DCN model is to leverage the combination of Shorcan broker’s expertise in arranging clients in…
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IG Group Reports Sizeable Decrease in Crypto Trading
The online brokerage IG group has published its results for the third quarter of fiscal 2018 that ended on the 28th of February. The company generated record revenue, up 30% from the same period the year before. Net trading revenue rose to £152.9M in the quarter, compared to £117.4M a year earlier. The main reason for such growth was cryptocurrency trading which accounted for 11% of the revenue in the…
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Bitcoin Will Become World’s Single Currency in a Decade, According To Twitter CEO
Twitter CEO Jack Dorsey, who also happens to be the chief executive of the crypto-friendly payment service Square, appears to be a strong believer in the future potential of bitcoin. In a recent interview with The Times, Dorsey, himself a bitcoin investor, made a rather optimistic prediction that BTC will replace the USD as a dominant global currency for payments in the next 10 years. Suggesting that the overhaul could…
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Snowden Leaks Show the NSA Has Been Tracking Bitcoin Users For 5 Years
Internet conspiracy theorists have long been creating fantasies of American spies investigating the booming digital currency that goes by the name of Bitcoin. Controlling how the money moves are among the most significant interests of any government, thus some of the crypto advocates believed it was only a matter of time before they would try to clamp down the new emerging financial order. Surprisingly, it turns out they were actually…