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ations in fi­nan­cial ser­vices.

In March, Rus­sian prime min­is­ter Dmitry Medvedev or­dered state bod­ies to con­sider the im­ple­men­ta­tion of the blockchain sys­tem in Rus­sia’s Dig­i­tal Econ­omy project.

“Ba­si­cally, we had a fork on Au­gust 1. There were two camps – one camp wanted to take the fork and go left, and there was another smaller camp that said we are not go­ing left, we are go­ing right,” said Ron­nie Moas, the founder of the Stand­point Re­search. “That is why you have a split.

“A lot of peo­ple were very ner­vous about the fork and that was what pre­vented the Bit­coin price from go­ing above $3 000 in

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