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Daily Cryptocurrency Bulletin For Friday, May 17, 2019

WorldNews Friday, 17 May 2019
Daily Cryptocurrency Bulletin For Friday, May 17, 2019General News Clearmatics and UBS have been working on a cryptocurrency that would be “linked to real-world currencies and connected to central bank accounts” since 2015. Now, a new Reuters report claims some of the world’s biggest banks are said to be investing around $50 million to build a blockchain-based digital cash settlement system called Fnality. Coinbase is in advanced talks to acquire Xapo for roughly $50 million, beating Fidelity for its signature. Xapo offers a BTC wallet combined with a cold storage vault and a BTC-based debit card. The company is said to be the largest custodian of BTC in the world. LVMH has teamed up with ConsenSys and Microsoft to build a blockchain-powered...
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