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CENTRE Consortium to accelerate government-backed cryptocurrency adoption

Nov 06, 2018 - Global Banking News

CNBC has reported Coinbase and Circle, two cryptocurrency companies, have partnered to establish more ground rules in the evolving asset class, the company said.

The start-ups announced a joint-venture known as the CENTRE Consortium, which they say aims at speeding up adoption of cryptocurrencies backed by actual government currencies like the US dollar.

Investors could look at crypto as not only a way to get return on an initial investment, but a new technological ecosystem to cons...