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Is regulation a betrayal of Bitcoin's underworld origins? The researchers, including one of Indian descent, tested their system by comparing a well-known, benign code to an abusive Bitcoin mining code. Contact US. The IMF officials acknowledged that blockchain "could reduce the cost of international transfers, including remittances, and foster financial inclusion", echoing statements made by the IMF head last November at a FinTech conference. Emaar did not say how much money it intends to raise.