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Ripple's head of regulatory called on U.K. to relook into delays of announcing cryptocurrency regulation saying that predictable regulation can help promote to markets by attracting new entrants, especially institutional investors. Financial Conduct Authority said it will study cryptocurrency regulation situation and publish recommendations in the third quarter of the year.

One of China's biggest state-owned banks is now attempting to educate its clients about Bitcoin, publishing a bizarre infographic titled 'Soaring Bitcoin, let's take a look'.

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