When the Established Film Industry’s Money Math Doesn’t Add Up

2022-3-2 06:54

What would you think of a company that took in a lot more money than it spent but reported only losses? With most kinds of companies, it would seem scandalous. In the case of Hollywood production companies, though, it wouldn’t be unusual at all.

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WhiteBIT Becomes First Crypto Exchange To Build Its Virtual Office In The TCG World Metaverse

You’ve surely noticed how the metaverse is growing in popularity by the day, aided by Facebook’s deliberate decision to rebrand to Meta and create their own metaverse. People are buying virtual land for enormous quantities of money, and big companies like Nike and Adidas are constructing virtual places in blockchain-based games like The Sandbox and […]

2022-2-2 01:20


Baanx receives FCA-UK approval to undertake full crypto asset activities

Baanx, a cryptocurrency platform technology provider, has now announced success in obtaining full cryptoassets registration approval from the UK’s FCA. The company is now one of the first UK-based companies to receive approval from the UK Financial Conduct Authority (FCA) as registered as a crypto asset business under the Money Laundering, Terrorist Financing, and Transfer […] The post Baanx receives FCA-UK approval to undertake full crypto asset activities appeared first on CryptoNinjas.

2022-1-6 01:23


MoneyGram Partners With Circle And Stellar to Launch Cash In And Cash Out Links to USDC

Cross-border payments giant MoneyGram is now working with the Stellar network for instant money transfers using the USDC stablecoin. The companies announced on Monday that they would start the pilot in the fourth quarter of this year, and a gradual rollout of enabling USDC fiat on and off-ramp across MoneyGram’s retail platform will happen early […] The post MoneyGram Partners With Circle And Stellar to Launch Cash In And Cash Out Links to USDC first appeared on BitcoinExchangeGuide.

2021-10-7 16:09


Ripple (XRP) will now scale remittances between Korea and Thailand

A major South Korean remittance service provider partnered up with Ripple in a bid to power up payments between the country and Thailand.  Set to expand into additional remittance corridors, GME Remittance joined a flock of Korean financial institutions and money transfer companies already on RippleNet, as the blockchain-based payments company continues bolstering its presence […] The post Ripple (XRP) will now scale remittances between Korea and Thailand appeared first on CryptoSlate.

2021-8-12 04:00


The Head of Italy’s Stock Market Watchdog Concerned About ‘Savings,’ Calls for ‘Proper Oversight’ of Crypto

Italy's Companies and Exchange Commission President Paolo Savona is urging the government for clear regulation as the lack of it can damage the way the market operates, he said. Like other officials, Savona is also calling for more regulation, arguing cryptocurrencies could facilitate illegal activity such as tax evasion, money laundering, and the financing of […] The post The Head of Italy’s Stock Market Watchdog Concerned About ‘Savings,’ Calls for ‘Proper Oversight’ of Crypto first appeared on BitcoinExchangeGuide.

2021-6-14 17:39


World’s First DeFi Banking App, Scallop, Innovates Crypto Payments Solutions

“Money is entering a format war”, wrote Citigroup, in their latest Future of Money report, and this is creating both challenges and opportunity for companies in the payments sphere. The evolution of cryptocurrencies, digital wallets, challenger banks, stablecoins, CBDCs, DeFi protocols and other blockchain-focused payment platforms has opened the doors for forward-thinking companies – old […] The post World’s First DeFi Banking App, Scallop, Innovates Crypto Payments Solutions appeared first on NullTX.

2021-6-11 18:10


Government Adoption: Cryptos are property in Texas, Hungary to cut taxes

The ruling class is turning its eye to the cryptocurency space. Institutional adoption is one of the biggest stories of the last few months. After that, governments might follow suit. From MicroStrategy to Square, from Visa to Goldman Sachs, institutional buyers and big companies are slowly moving into the space. The money attracted them, and […]

2021-5-13 04:51


Estonia Revokes License of Over 500 Crypto Companies to Curb Money Laundering

European Union member Estonia is now cracking down on cryptocurrency firms to attack money laundering in the country. Estonia has been in the spotlight for Europe’s biggest money-laundering scandal, about €200 billion were laundered from Denmark’s biggest financial institution Danske Bank’s Estonian branch from 2007-2015.

2020-6-12 18:07