Cryptocurrency

Cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.

Source: en.wikipedia.org

Today in FinTech: Changes Coming to WeChat Pay; Binance Seeks Brazilian Bank; Monite Automates SME AP

Today in FinTech: Changes Coming to WeChat Pay; Binance Seeks Brazilian Bank; Monite Automates SME AP
Today in FinTech: Changes Coming to WeChat Pay; Binance Seeks Brazilian Bank; Monite Automates SME...
March 20, 2022  |  Regulation

In today’s FinTech news, Tencent could be faced with spinning WeChat Pay into its payments subsidiary, while crypto exchange Binance looks to acquire a bank...

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Warren Crypto Bill Would Cast Wide Net in Fight to Enforce Sanctions
Warren Crypto Bill Would Cast Wide Net in Fight to Enforce Sanctions
March 18, 2022  |  Cryptocurrency

Is the author of open-source computer code used in the cryptocurrency industry really a ‘‘digital asset transaction facilitator” responsible for violating Russian sanctions? Get the...

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US Treasury Undersecretary: Small Rise in Illegal Crypto Transactions
US Treasury Undersecretary: Small Rise in Illegal Crypto Transactions
March 18, 2022  |  Cryptocurrency

U.S. Treasury Undersecretary Nellie Liang said there’s been a rise in digital assets enabling illegal financial transactions since the Russian invasion of Ukraine, but the...

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In About-Face, Russia’s Central Bank Issues Crypto Licenses
In About-Face, Russia’s Central Bank Issues Crypto Licenses
March 18, 2022  |  Cryptocurrency

On March 17, Russia’s Sberbank announced it had received a license from the Bank of Russia to run a cryptocurrency exchange and even launch its...

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Bank of Canada Exploring CBDC Design with MIT
Bank of Canada Exploring CBDC Design with MIT
March 18, 2022  |  CBDC

The Bank of Canada is teaming up with the Massachusetts Institute of Technology (MIT) on a 12-month research project that’s focused on the design of...

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UMG’s 10:22PM Buys Bored Ape #5537, Debuts KINGSHIP Website
UMG’s 10:22PM Buys Bored Ape #5537, Debuts KINGSHIP Website
March 18, 2022  |  NFTs

Universal Music Group’s (UMG) next-generation label 10:22PM, a Web3 brand that discovers and develops artists, has purchased Bored Ape #5537, the Santa Monica-based company announced...

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Argentine’s Congress Favors IMF Debt Deal to Dampen Cryptocurrency
Argentine’s Congress Favors IMF Debt Deal to Dampen Cryptocurrency
March 18, 2022  |  Cryptocurrency

Argentine’s Senate has approved a $45 billion deal with the International Monetary Fund (IMF) that includes a provision that discourages cryptocurrencies, CoinDesk.com reported Friday (March...

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Australia’s Watchdog Hauls Meta to Court Over Alleged Scam Crypto Ads
Australia’s Watchdog Hauls Meta to Court Over Alleged Scam Crypto Ads
March 18, 2022  |  Cryptocurrency

Australia’s competition watchdog is taking Facebook parent Meta Platforms Inc. and Meta Platforms Ireland Ltd. to federal court over allegations of publishing scam advertisements for...

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In $44B Argentine Debt Deal, IMF Shows Growing Willingness to Coerce Anti-Crypto Policies
In $44B Argentine Debt Deal, IMF Shows Growing Willingness to Coerce Anti-Crypto Policies
March 18, 2022  |  Cryptocurrency

Buried in the text of the deal the Argentine Senate’s approved on March 18 to refinance its $44 billion debt to the International Monetary Fund...

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