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New money: Central banks lay out operating manual for digital cash

A group of central banks sketched out a potential operating manual for digital cash on Thursday as they aim to strike a balance between keeping up with cryptocurrencies and concerns that the new technology could upend commercial lenders.

Bitcoin jumps 9% to touch 12-day high

Bitcoin extended gains on Friday, climbing over 9% in late morning trade to $47,800, its highest level in 12 days.

Banks beware, outsiders are cracking the code for finance

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