2020-9-1 12:13 |
Acting Comptroller of Currency (and former Coinbase exec) Brian Brooks is spearheading the move to let payment firms operate as banks across state lines. origin »
Bitcoin price in Telegram @btc_price_every_hour
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According to a Ripple survey, 97% of payment firms believed in cryptocurrency's power to enable faster payments. Crypto companies are leaving the United States due to a lack of clarity on regulThe post Ripple survey: Crypto can enable faster transactions, say 97% payment firms appeared first on AMBCrypto.
2023-3-4 13:30 | |
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When PIX is implemented, a number of Brazilan banks could take a hit. Point-of-sale machines and payment processing firms could become scarce
2020-2-29 22:10 | |
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Coinspeaker Ripple Is Among FXC Intelligence’s Top 100 Cross-Border Payment CompaniesRipple has been included in the list of the top 100 cross-border payment firms by FXC Intelligence.
2020-2-24 13:48 | |
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Binance crypto exchange through its parent company has applied for Singapore’s new operating license. This follows an upgrade of laws governing crypto in the FinTech friendly jurisdiction. Singapore sought to advance its payments’ ecosystem legalities as more firms’ leveraging blockchain tech and tokenization set up in the country.
2020-2-17 20:06 | |
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BCB Group, a crypto-focused payment provider for the likes of major global crypto firms like Coinbase, is now officially approved by the FCA
2020-1-31 22:00 | |
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Coinspeaker Will the Payments Sector Unite or Divide over Cryptocurrency Adoption? By adopting cryptocurrencies, the payment firms are able to increase the chances for crypto to reach the mainstream sooner rather than later.
2019-12-16 17:25 | |
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People’s Bank of China is entering another stage of its tests for a crypto payment system. The central bank announced it had completed the preliminary tests and has turned to create a testing ground with the aid of major Chinese companies and banks.
2019-12-9 12:16 | |
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Radpay, an Arizona-based decentralized global payment processing company, announced today the completion of a $1. 2 million series seed round reflecting a 20% oversubscription. The round included participation from established Silicon Valley investors, Phoenix-based investment firms Resiliency Ventures and BlackLaunch, as well as investors from Nebraska and Arizona.
2019-11-18 17:28 | |
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South Korea-based Coinplug, a leading Bitcoin (BTC) exchange, wallet and payment company, has raised 7.5 billion won (appr. $6.4 million) from the venture capital divisions of several major local financial institutions. Coinplug’s management noted in...
2019-10-25 11:23 | |
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In what may be the biggest blow yet to Facebook's Libra, payment giants Mastercard, Visa, eBay, and Stripe have abandoned the troubled cryptocurrency project.
2019-10-17 14:05 | |
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Following last week’s news that PayPal was backing out of the Libra Association, almost all of the payment firms initially linked to the project have now announced their departure. Over the weekend, news emerged that Stripe, Visa, Mastercard, Mercado Pago, and eBay have all abandoned Facebook’s beleaguered cryptocurrency, striking a blow to Mark Zuckerberg’s plans […] The post As Payment Firms Abandon the Libra Association, Who’s Next to Go? appeared first on Crypto Briefing.
2019-10-14 17:52 | |
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One of the world’s leading blockchain firms, Ripple’s payment technologies have been popular with many banks globally. One such bank is Banco Santander, which is one of the firm’s largest clients.
2019-10-8 19:30 | |
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One of the “Big Four” audit and accounting firms, Deloitte, has stepped forward to integrate Bitcoin in its Luxembourg ecosystem. In an effort towards the same, the organization is performing a trial run so that its staff can make payments using Bitcoin for their lunch.
2019-9-18 11:00 | |
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Facebook the highly controversial social media giant developing the Libra global stablecoin, is in talks with Indonesian digital payment platforms and fintech firms to enable it to launch a WhatsApp-based mobile payments service in the region, reports Reuters on August 20, 2019.
2019-8-21 20:00 | |
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Coinspeaker Facebook’s WhatsApp Plans to Launch Mobile Payments in IndonesiaFacebook Inc further extends its reach towards establishing its dominance in the Asian market. Having that it’s instant-messaging app – WhatsApp partners with multiple Indonesian digital payment firms to offer their mobile transaction services.
2019-8-21 15:55 | |
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Facebook's WhatsApp is reportedly in talks with multiple Indonesian digital payment firms as the messaging app plans to bring its mobile payments service to the country.
2019-8-21 23:31 | |
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In a Medium post published on July 29, 2019, distributed ledger technology (DLT) project PundiX announced that its cryptocurrency payment app – XWallet – had successfully integrated the Samsung Blockchain Wallet.
2019-7-30 17:00 | |
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Multiple Chinese internet company have discussed avoiding cryptocurrency, amid announcement of Facebook’s Libra initiative. Blockchain technology is still a subject of interest for the Chinese economy.
2019-6-20 04:24 | |
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WeChat parent Tencent and Alibaba's payments arm Ant Financial have no plans to follow Facebook into crypto.
2019-6-19 20:05 | |
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USB Group AG, a Swiss multi-national investment bank and financial services company, will be using its own digital currency for cross-border payment settlements. A report published by MarketWatch stated that a total of fourteen firms have developed a coin named, Utility Settlement Coin [USC], and among those firms includes leading banks of the United States, […] The post Swiss multi-national investment bank, USB introduces Fnality International with investment of $63.2 million appeared first on AMBCrypto.
2019-6-4 01:30 | |
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UBS Group AG, a Swiss multi-national investment bank and financial services company, will be using its own digital currency for cross-border payment settlements. A report published by MarketWatch stated that a total of fourteen firms have developed a coin named, Utility Settlement Coin [USC], and among those firms includes leading banks of the United States, […] The post Swiss multi-national investment bank, UBS introduces Fnality International with investment of $63.2 million appeared first on AMBCrypto.
2019-6-4 01:30 | |
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While details have remained scarce, Facebook’s plans to create its own cryptocurrency have not exactly been secret. But with its latest announcement, Facebook looks to be developing its own stablecoin-backed payment system, The Wall Street Journal reports.
2019-5-3 11:00 | |
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By CCN: The crypto community hasn’t scared Mark Zuckerberg away from his cryptocurrency ambitions, at least not yet. New details have emerged in a Wall Street Journal report indicating that Mark Zuckerberg’s company is actively looking to ink deals to back its cryptocurrency payments ecosystem.
2019-5-3 04:39 | |
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In a bid to carry out their agendas, crypto firms have turned to lobbying. Citing statistics from the Federal Electoral Commission (FEC), news platform Roll Call reported that fintech firms spent $42 million as lobbying expenses in Q1 in 2019 alone.
2019-5-3 18:27 | |
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North Korea could pose a threat to countries across Southeast Asia as it looks to exploit cryptocurrency exchanges due to gaps in regulatory frameworks, according to a new report.
2019-4-25 17:04 | |
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CryptoNinjas Edge, a non-custodial crypto wallet app, today announced a partnership with Simplex, a payment processing provider for the crypto ecosystem. The two firms will roll out the beta release of the Simplex crypto cash out feature.
2019-4-9 16:25 | |
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Misertango, an online service that offers a fast and cheap payment platform for its customers, is very welcoming of the cryptocurrency sector as it accepts exchange firms, ICO endeavors and even individuals from the industry.
2019-4-8 19:14 | |
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Celo, a cryptocurrency payment startup has received $25 million in investment from notable venture capital firms, the company announced in a blog post published on April 2, 2019. Among the investors include a16z Crypto, the Andreessen Horowitz-owned cryptocurrency fund and Polychain Capital.
2019-4-4 13:00 | |
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The Pakistani government will now regulate local cryptocurrency firms under new legislation. Local news outlet The Express Tribune reported that the government of Pakistan will introduce Electronic Money Institutions (EMI) regulations based on the recommendations of the Financial Action Task Force (FATF).
2019-4-2 01:33 | |
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Avnet has become the latest major enterprise to begin accepting payment in bitcoin and other cryptocurrency. On March 19, 2019, the company announced that it will allow customers to pay for goods and services using bitcoin and bitcoin cash.
2019-3-20 19:08 | |
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With the United States government threatening to prohibit payment companies from processing transactions in Venezuela, citizens may be forced more than ever before to adopt Bitcoin. No More Visa and Mastercard Payments for Venezuelans According to Bloomberg, U.
2019-3-15 17:30 | |
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Antalya Homes, one if the biggest real estate firms in the transcontinental country of Turkey, has recently announced that in 2018, it successfully sold nine different properties and accepted Bitcoin as payment for them.
2019-3-6 07:21 | |
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QuadrigaCX Exchange’s founder, Gerald Cotten, passed away more than two months ago, and with his death, the keys to the exchange’s cold storage allegedly went to the grave with him.
2019-2-26 22:21 | |
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A group of lawyers from some of Canada’s top law firms convened in a court in Halifax, Nova Scotia, today to secure the right to represent creditors in the ongoing QuadrigaCX litigation.
2019-2-15 01:45 | |
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For those QuadrigaCX users who were fortunate enough to have withdrawal requests honored, some appear to have received their funds through unconventional means. An anonymous QuadrigaCX user who corresponded with Bitcoin Magazine said that they received a bank deposit from Robertson Nova Consulting Inc.
2019-2-15 20:28 | |
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Abra, a crypto wallet provider and payment startup, is run by CEO Bill Barhydt, and he recently sat down to be the subject of an interview with Breaker Mag. In his interview, he discussed the difficulties facing cross-border payment services for the crypto industry.
2019-2-1 07:03 | |
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Ripple, one of the most popular cryptocurrency platforms in the market has shared the differences that it has with SWIFT, the most used global payment network for international transfers. At the moment, the SWIFT messaging system is used by most of the financial companies around the world. There are more than 11,000 firms using it […]
2019-1-19 23:15 | |
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Speaking on the sidelines of Ripple’s Swell conference, Cuallix CFO Nicolas Palacios talked about Ripple’s xRapid project and how it brings benefits to cross-border payments in Mexico. Cuallix is one of Ripple’s partner financial institutions and was one of the first firms to work on the commercially available xRapid platform.
2019-1-15 20:24 | |
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In the last few years, more and more countries are paying more attention to Cryptocurrency and blockchain companies with regards to tax law enforcement. France and Spain began looking into individual crypto tax payment and it seems that Bulgaria is looking into crypto companies to ensure tax law compliance. The Bulgarian National Revenue Agency (NRA) […]
2019-1-14 20:53 | |
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2019 seems to have started on a high note for LRS (Living Room of Satoshi) and TravelbyBit. The two firms entered into a partnership through the Lightning Network to introduce grandma-friendly Bitcoin payments across Australia.
2019-1-6 23:23 | |
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The National Assembly in France has recently shot down proposals to ease up the pressure on tax regulations in the crypto space. As reported by Bitcoin.
2018-12-20 22:13 | |
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A recent paper report from KPMG, one of the Big Four auditing firms, says this about the cryptoassets industry: “Cryptoassets have potential. But for them to realize this potential, institutionalization is needed.
2018-12-17 20:23 | |
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The Ripple team has been actively informing investors on how far they’ve come in attaining their goal of making cross-border payments as frictionless as possible. This includes several of the execs discussing the different products available (i.
2018-12-17 08:35 | |
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Society for Worldwide Interbank Financial Telecommunications, SWIFT has made a mark in the global payment system with almost all the banks, payment processing firms and other business in its network.
2018-12-14 18:02 | |
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It’s been over two years in the making, but the much-anticipated collaboration between CLS and IBM has finally gone live. And the new CLSNet has already seen some usage, from Morgan Stanley and Goldman Sachs.
2018-11-30 15:24 | |
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Today, November 26, 2018, marks the launch of the Foundation for Interwallet Operability (FIO) and the FIO Protocol, an interwallet protocol that seeks to make the transfer of cryptos between wallets as simple and straightforward as making transfers on PayPal.
2018-11-27 02:52 | |
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ConsenSys on Wednesday announced the successful implementation of EIP-1337, a new Ethereum standard that introduces a recurring subscriptions payment model that’s popular with Web 2. 0 companies.
2018-11-2 22:45 | |
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Ripple is one of the most respected companies in the cryptocurrency world. It has been partnering with several companies from the financial industry, including banks and other payment firms. But the intention is to keep growing even further.
2018-10-31 10:24 | |
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Despite Buffett’s blatant disdain for cryptocurrency and fintech, two $300 million dollar investments into two fintech payment firms suggest that Berkshire Hathaway may be ready to join the crypto party.
2018-10-31 07:00 | |
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Russian nationals Sergey Ivanov and Timur Shakhmametov have been charged for their involvement in operating money laundering services that catered to cybercriminals using cryptocurrencies, U.S. authorities announced on Thursday.
Most crypto trading volume has historically come from outside the U. S. , with Asia being the largest cryptocurrency market. However, there has been a notable shift in this dynamic in the past several months, with the U.
Understanding regional market data is becoming increasingly important when analyzing the Bitcoin market. Bitcoin’s global nature means trading activity in one region can significantly influence worldwide price movements.
The Senate overwhelmingly supported legislation requiring U.S. companies to report any outbound investments into Chinese technologies.
The regulatory framework will allow individuals and companies to own and trade digital assets in the United States.
U.S. Securities and Exchange Commissioner (SEC) Chair Gary Gensler argued there’s nothing special about the assets or exchanges in the crypto sector, and their backers can’t hide behind claims that their tokens provide utility.
Open source software isn’t property, and current sanctions laws are ill-equipped to handle this, lawyers argue.