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EMEA Daily: Alma CEO Says Zero Late Fee Policy Risky for BNPL; EU Crypto Law MiCA Set for Vote March 14

EMEA Daily: Alma CEO Says Zero Late Fee Policy Risky for BNPL; EU Crypto Law MiCA Set for Vote March 14
EMEA Daily: Alma CEO Says Zero Late Fee Policy Risky for BNPL; EU Crypto Law...
March 07, 2022  |  International

In today’s top Europe, Middle East and Africa news, loan providers that do not charge penalty fees risk losing revenue, while MiCA, the European Union’s...

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US Consumer Borrowing Grew 1.9% in January
US Consumer Borrowing Grew 1.9% in January
March 07, 2022  |  Economy

U.S. consumer borrowing saw an uptick in January, though at the slowest pace in a year, with households paying down credit card balances after the...

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The Bank of London Join UK’s Faster Payment System
The Bank of London Join UK’s Faster Payment System
March 07, 2022  |  Faster Payments

The Bank of London, the first purpose-built global clearing agency and transaction bank, has announced that it has become a directly connected settling participant (DCSP)...

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SPACs Turn to Alternative Funding as Investor Cash Dries Up
SPACs Turn to Alternative Funding as Investor Cash Dries Up
March 07, 2022  |  SPAC

Dealmakers looking at taking companies public through special purpose acquisition company (SPAC) mergers are having trouble finding investors, and have been making short-term agreements with...

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As Sanctions Push Crypto Regulation up the Agenda, Biden Calls for a Report
As Sanctions Push Crypto Regulation up the Agenda, Biden Calls for a Report
March 07, 2022  |  Cryptocurrency

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Uber Says It’s Bouncing Back From Omicron, Raises 1Q Guidance
Uber Says It’s Bouncing Back From Omicron, Raises 1Q Guidance
March 07, 2022  |  Transportation

Uber raised its first quarter guidance Monday (March 7) and said its ride-hailing business is bouncing back from the omicron variant’s disruptions, The Wall Street...

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Bill Ackman Backs Web3 OP Venture Fund 1 in $50M Fundraise
Bill Ackman Backs Web3 OP Venture Fund 1 in $50M Fundraise
March 07, 2022  |  Investments

Billionaire Bill Ackman has thrown his support behind a Web3 venture fund focused on the metaverse, gaming, social media and decentralized finance, according to a...

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Today in Crypto: Coinbase Blocks 25,000 Russian-Linked Addresses; Coinbase Adds ‘Experimental’ Label
Today in Crypto: Coinbase Blocks 25,000 Russian-Linked Addresses; Coinbase Adds ‘Experimental’ Label
March 07, 2022  |  Cryptocurrency

Cryptocurrency trading platform Coinbase has blocked more than 25,000 wallet addresses linked to illicit activities by Russian individuals or entities, a Bloomberg report said Monday...

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Biden to Sign Executive Order Related to US Crypto Strategy, Report Says
Biden to Sign Executive Order Related to US Crypto Strategy, Report Says
March 07, 2022  |  Cryptocurrency

President Joe Biden will sign an executive order this week which will outline the U.S. government’s cryptocurrency strategy, Bloomberg reported Monday (March 7), citing anonymous...

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