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Tag: crypto

PayPal Gets on Board for the $4.2 Million Round for Crypto Banking Compliance Startup

Financial institutions know how to calculate the risk of serving traditional businesses, although for the firms touching cryptocurrency, the math is still a bit fuzzy. The assumption of added regulatory hurdles and money-laundering fears, have led to a widespread problem, and most likely your bank would rather just not deal…

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Latin America: Crypto-remittances are rising

Mexican crypto-exchange Bitso recently reported that remittance rates through cryptocurrencies are on the rise. According to the startup’s founder, Daniel Vogel, within the last six months, the use of digital currency sent from Mexicans to loved ones back home has increased at a rate of 15 percent. Last week’s transfer…

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Regulation takes center stage as China delves further into blockchain

It’s been a week where regulators have stepped up their game, cracking down on blockchain and crypto startups. However, it’s not been all negative, with some regulators launching initiatives that seek to drive adoption of blockchain higher. China was in the limelight again, this time for blockchain initiatives in identity…

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Latin America: The most interesting scenario for blockchain

This week, among the most outstanding news of the crypto ecosystem in Latin America, Mexico announced several advances in Blockchain: 6 banks in the country joined the J.P. Blockchain network. Morgan Chase; Meanwhile, the Blockchain Academy launched its beta version of digital document certification. In addition, Monterrey residents will be…

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Who said it?: “Blockchain helps build strength of spirit in women”

Sasha Ivanova is a crypto enthusiast, computer engineer, writer, speaker, entrepreneur, business developer manager, mother and traveler. A Russian national, Ivanova left her native country in 2008 and set out to travel the world, landing shortly in Latin America. He has traveled and lived in different countries, including India, Peru,…

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Technologies such as Facebook’s Libra will be especially “painful” for traditional banking

The payments directive will reinforce the digital alternatives: “Too many European banks believe that their business model is solid”, they warn. Digital initiatives such as the recently launched Pora virtual currency, promoted by Facebook and a network of 27 other partners (including Uber, Spotify and eBay), have once again placed…

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Do people not know about Bitcoin? A recent comments show exactly that

This video by Naomi Brockwell of ‘normies’ explaining Bitcoin reminds us there’s still a long way to go taking cryptocurrencies to the masses. Let’s be honest. Between wild price swings, sensational hash wars, Ethereum forks, 51% attacks, and bearish regulators, it’s easy to get caught up in the crypto space.…

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