Articles with tag: cryptocurrency

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PayPal to allow crypto transactions on its network

22 Oct 2020 | Cryptocurrencies

PayPal has joined the cryptocurrency market, allowing customers to buy, sell, and hold Bitcoin and other virtual coins using the US digital payments company’s online wallets.

online wallets, PayPal, Cryptocurrency, Bitcoin, virtual coins, Ethereum, bitcoin cash, Litecoin, central banks

Mode adopts Bitcoin as treasury reserve asset

21 Oct 2020 | Cryptocurrencies

Mode Global, an LSE-listed Fintech Group, has allocated up to ten percent (10%) of its cash reserves to purchase Bitcoin and adopt it as a treasury reserve asset.

Mode Global, fintech, UK, Bitcoin, cryptocurrency, investment, mobile app

Cordite Society launches Corda Network digital currency

20 Oct 2020 | Cryptocurrencies

Cordite Society, a co-operative society registered in the UK, has launched XDC, the first Corda Network digital currency, according to the official press release.

DeFi, stablecoin, cryptocurrency, token, Cordite Society, UK, Corda, blockchain, R3, CBDC

Polymath adds Coinbase Custody to its Service Provider Ecosystem

20 Oct 2020 | Cryptocurrencies

US-based digital asset custodian Coinbase Custody has been added to the Polymath Service Provider Marketplace. 

Polymath, Coinbase Custody, Service Provider Ecosystem, Polymath Service Provider Marketplace, US, digital asset, custodian, KYC, AML, custody storage, token, NYDFS, regulation, crypto, cryptocurrency, crypto assets

Wirex raises USD 4.3 million in crowdfunding campaign

20 Oct 2020 | Cryptocurrencies

UK-based crypto payments firm Wirex has raised over USD 4.3 million in a crowdfunding campaign on Crowdcube, beating its initial target by 370%.

Wirex, cryptocurrency, contactless card, fiat currency, Mastercard, reqard scheme, US, Japan, Asia, APAC, North America,

GSB presents electronic money system based on blockchain, G999

16 Oct 2020 | Cryptocurrencies

GSB Gold Standard Banking Corporation (GSB), a Germany-based software, IT, and blockchain group, has launched a technology called G999 that supports cryptocurrency transactions.

GSB Gold Standard Banking Corporation, GSB, tokens, cryptocurrency, payments, mobile wallets, software, G999, privacy

20 arrests in QQAAZZ multi-million money laundering case

16 Oct 2020 | Digital Identity, Security & Online Fraud

20 individuals suspected of belonging to the QQAAZZ criminal network which attempted to launder tens of millions of euros on behalf of the world’s foremost cybercriminals have been arrested.

cybercriminals, Europol, fraud prevention, bank accounts, money laundering, cryptocurrency, banks, QQAAZZ, tumbling services

Prime Trust integrates Bittrex into its system

14 Oct 2020 | Cryptocurrencies

US-based Open Banking solutions provider Prime Trust has integrated Bittrex, a blockchain technology and cryptocurrency exchange, into its system.

Prime Trust, Bittrex, open banking, blockchain, cryptocurrency, fiat, API

Cypherium launches decentralised exchange CypherSwap

13 Oct 2020 | Cryptocurrencies

US-based Cypherium, an enterprise-focused blockchain platform has announced the launch of CypherSwap, a decentralised exchange (DEX) offering cross-chain compatibility.

Cypherium, CypherSwap, decentralized exchange, DEX, DeFi-centric, tokens, blockchain, AMM, United States, US, blockchain platform, Ethereum, XRP, cryptocurrency, Bitcoin

Central banks set out to regulate stablecoins like Facebook's Libra

13 Oct 2020 | Cryptocurrencies

Central banks have set out to regulate cross-border stablecoins with a common approach, adding that more rules may later be needed to ensure stability.

stablecoins, cryptocurrency, Libra, Facebook, banks, central banks, CBDC, bank capital, anti-money laundering, regulation

Crypto to pose challenges to law enforcement activities, according to DOJ

12 Oct 2020 | Cryptocurrencies

Cryptocurrencies pose an emerging challenge to law enforcement activities; the US Attorney General William Barr’s Department of Justice (DOJ) has mentioned in DOJ’s ‘Crypto Enforcement Framework’.

Financial Action Task Force, cryptocurrency, money laundering, digital assets, DOJ, US, virtual assets, blockchains

Cashaa to launch crypto-friendly online bank in India

09 Oct 2020 | Cryptocurrencies

UK-based online banking platform Cashaa has announced plans to launch a crypto-friendly online bank in India.

Cashaa, UK, India, cryptocurrency, crypto, online bank, B2B, banking, fintech, lending

Prime Trust features Stellar as supported cryptocurrencies

09 Oct 2020 | Cryptocurrencies

API-enabled B2B open banking financial solutions provider Prime Trust has added Stellar Lumens (XLM) to its list of supported cryptocurrencies.

Prime Trust, Stellar, cryptocurrency, Stellar Lumens, XLM, API, B2B, open banking, financial institution, financial infrastructure, fintech, blockchain, crowdfunding, financial services

Bank of Korea plans cryptocurrency (CBDC) testing in 2021

08 Oct 2020 | Cryptocurrencies

South Korea’s central bank has revealed that the third and final phase of its pilot programme for a CBDC will commence in 2021.

Bank of Korea, cryptocurrency, CBDC, South Korea, central bank, BOK, central bank digital currency

Blocklete Games to receive cryptocurrency payments via BitPay

07 Oct 2020 | Cryptocurrencies

Crypto payment services provider BitPay has announced that Turner Sports' blockchain-based videogaming experience Blocklete Games is accepting cryptocurrency as a form of payment. 

Blocklete Games, Bitpay, crypto payments, cryptocurrency, blockchain, blockchain gaming, payments, digital payments, digital golf game, Blocklete Golf, digital golfer, digital athletes, Bitcoin, Bitcoin Cash, XRP, ETH, stablecoins, USDC, GUSD, PAX, BUSD, fraud, chargeback

RiskCapCom, Apollo Fintech to offer regtech and fintech solutions

05 Oct 2020 | Digital Identity, Security & Online Fraud

Australia-based regtech RiskCapCom and Apollo Fintech have partnered in a bid to develop relationships and obtain contracts in the Middle East, Asia, Africa, and other global regions.

 

RiskCapCom, Apollo Fintech, partnership, Australia, regtech, fintech, cryptocurrency, blockchain, CBDC, compliance management

Coinbase supports real-time card withdrawals via Visa Direct for digital assets

05 Oct 2020 | Cryptocurrencies

Coinbase has announced it is now offering instant crypto – fiat withdrawals in around 40 different countries including the US, UK, and several other European jurisdictions.

Coinbase, cryptocurrency, fiat, withdrawals, Bitcoin, Ethereum, Visa Direct, cards, Visa, Mastercard, crypto exchange

Banks, governments, and crypto industry divided on cryptocurrency risk, survey reveals

02 Oct 2020 | Cryptocurrencies

Professionals in the crypto industry believe that governments are behind the curve on the perceived risks, opportunities, and regulation of cryptocurrency, according to a new survey by RUSI and ACAMS.

RUSI, ACAMS, study, YouGov, FATF, cryptocurrency, crypto risk, money laundering, trafficking, banks, transactions, blockchain

Merchants that accept Bitcoin attract new customers and sales, study shows

30 Sep 2020 | Cryptocurrencies

Merchants that accept Bitcoin attract new customers and sales according to a study commissioned by BitPay, a provider of Bitcoin and cryptocurrency payment services.

Bitcoin, merchants, cryptocurrency, study, payment methods, sales, chargebacks, Bitcoin

Lunu enables crypto payments in the jewellery and retail sector in Europe

30 Sep 2020 | Cryptocurrencies

Lunu, a specialist in online and in-store crypto payments for retailers and consumers, has teamed up with French jewellery retailer Courbet.

Lunu, crypto payments, retailers, consumers, cryptocurrency, payment method, Courbet, France