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Ecuador Bans Bitcoin in Legislative Vote

Friday 25th, July 2014 / 04:27
Ecuador Bans Bitcoin in Legislative Vote

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The National Assembly of Ecuador has effectively banned bitcoin and decentralized digital currencies while establishing guidelines for the creation of a new, state-run currency.
With 91 votes in favor of the amendments to the country’s existing monetary and financial laws, the National Assembly approved a bill that now goes to President Rafael Correa for […]

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