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    Cryptocurrency

    A cryptocurrency is a digital asset designed to work as a medium of exchange using cryptography to secure the transactions, to control the creation of additional units, and to verify the transfer of assets

    Russia bans Bitcoin and other “money substitutes”

    Countries around the world are scrambling to give their official stance on virtual currencies and Bitcoin more specifically. According to Russian officials, “Systems for anonymous payments and cyber currencies that have gained considerable circulation “” including the most well-known, Bitcoin “” are money substitutes and cannot be used by individuals […]

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