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China Favors Tron and EOS in New Crypto Ranking but Downgrades Bitcoin

China’s Center for Information and Industry Development has released its latest crypto project ranking. Tron and EOS top the list out of the 35 crypto projects evaluated while Bitcoin has been downgraded slightly. The center also evaluated the projects independently based on basic technology, applicability, and creativity.

 

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Switzerland inches closer to cryptocurrency regulation

The Swiss Federal Assembly, the body tasked with handling government legislation in the country, yesterday approved a motion requesting the Federal Council regulate cryptocurrencies.

 

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Dubai's First Bitcoin ATM Let's You Buy With Cash, No ID

Amhora makes a record with the first Bitcoin ATM in Dubai now up and running (with limited functionality) in the Rixos Premium hotel.

 

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China's Resurgent Stock Market is Seeing Profits Flow Into Bitcoin

Statistics gathered by monitoring resource Coinlib showing capital inflow into bitcoin and other cryptocurrencies puts the Chinese yuan (CNY) in the top entry currencies. For the 24 hours to press time, CNY inflows into bitcoin topped the equivalent of $165 million, with Ether, the largest altcoin, seeing just under $75 million during the same period.

 

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