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Bitcoin rises above $6,300

As NY approves dollar-linked digital currencies

Reuters September 11, 2018 Less than a minute read

a copy of bitcoin standing on pc motherboard is seen in this illustration picture october 26 2017 photo reuters

A copy of bitcoin standing on PC motherboard is seen in this illustration picture, October 26, 2017. PHOTO: REUTERS

NEW YORK: Bitcoin briefly climbed above $6,300 on Monday after New York state’s Department of Financial Services approved Gemini Trust Company’s and Paxos Trust Company’s dollar-linked digital currencies, the first stablecoins to get the nod from the regulator.

Nvidia forecast lags Wall Street as crypto demand evaporates

At 9:24 am (1324 GMT), the world’s biggest and best known virtual currency was up 0.58 per cent at $6,268.50 on Luxembourg-based Bitstamp exchange.

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