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Category: Cryptocurrencies

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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BlockFi will allow Latinamericans to apply for loans and earn interest with cryptocurrencies

Key facts: Non-residents in the US UU. Now they can access the debt markets in dollars. The platform allows to generate 6.2% interest on deposits in Bitcoin Latin America is debating economic problems. In recent months, a week has not passed without a new political fire in the region. The…

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Don’t let this happen to you! Police arrest blockchain startup founder who raised more than USD 80 million

The Netherlands police have arrested the founder of Komodore64, a blockchain game development company, which allegedly raised 78 million euros (USD 86 million) from investors, according to Sprout, a media outlet focused on Business, last November. Komodore64, which was launched in June with the aim of creating a gaming platform…

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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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Meet three cryptocurrency debit cards that work in Brazil

The vast majority of Bitcoin and cryptocurrency enthusiasts see them as a substitute for “weak” and inflationary state money. Paradoxically, few cryptocurrency holders actually use them for daily spending. Many keep them as an investment, but also because of the difficulty of finding establishments that accept cryptocurrencies as a means…

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Latin American cryptocurrency startup tells how it managed to establish itself in the US UU.

In Latin America, startups are experiencing rapid growth. The Mercury Cash team is aware of this, a Venezuelan initiative that has managed to consolidate in the US. UU. an exchange and wallet platform for bitcoin, ether and dash. The company facilitates the exchange of cryptocurrencies to fiat and is now…

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IDB starts blockchain project for land registries in Latin America

Key facts: The IDB works with the blockchain startup ChromaWay and the Bolivian company IT Jalasoft. Similar projects are carried out in Australia, Canada and India. About this project After years of talking about it, the IDB, or Inter-American Development Bank, is testing for the first time a blockchain for…

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