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Switzerland at epicentre of cryptocurrency revolution

Switzerland has become a global hub for cryptocurrencies and the blockchain technology they are built on, with investors flocking to the wealthy Alpine nation to get in on the virtual action.

Central banks warned to weigh risks of virtual currencies

A global financial body warns central banks should carefully weigh the risks before introducing their own virtual currencies, saying such innovations could risk destabilizing banking systems and unleash disruption across ...

California bullet train costs soar to $77B; opening delayed

The projected cost of California's bullet train between San Francisco and Los Angeles has jumped to $77 billion and the completion date has been pushed back four years to 2033, according to a business plan released Friday.

Bank of England chief slams cryptocurrencies; urges action

Bank of England Governor Mark Carney has launched a withering attack on cryptocurrencies such as bitcoin Friday and urged regulators around the world to monitor them in the same way as other financial assets.

Easing stance, South Korea to adopt real-name crypto trading

Softening its tough stance on crypto trading for now, South Korea said Tuesday it would adopt a system requiring that transactions that until now were anonymous be traceable. It also will more closely monitor trading for ...

Bitcoin fever hits US real estate market

Bitcoin fever has hit the US real estate market, especially that of Florida, offering foreign investors a way to dodge currency controls at home and US economic sanctions.

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