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The use of digital assets to make payments is growing, according to a recently published study. It reveals that cryptocurrency’s role as a viable means of payment has been expanding and this year’s market rebound has increased the turnover of crypto payments. The report suggests that debit cards linked to digital currency wallets will remain … Read more
Crypto exchange Kraken has raised $13.5 million from 2264 investors in its latest fundraising round Go to Source Powered by WPeMatico
A lot of things are happening in the world of finance which seemingly go by unnoticed. One of the biggest developments this week is how the price of gold – per troy ounce – has skyrocketed over the past few days. Finding the exact reason for this sudden spark of interest is rather difficult, albeit … Read more
Visa joins the ranks of mainstream payment giants creating blockchain-powered settlements infrastructure for cross-border transactions among institutional clients Go to Source Powered by WPeMatico
A bitcoin exchange in Brazil is being sued for retaining funds against request, citing ongoing attacks against the exchange since May as root of issue Go to Source Powered by WPeMatico
The world’s 7th biggest bank, HSBC, uses tokenization tech in its account receivable infrastructure for corporate clients in India Go to Source Powered by WPeMatico
The British financial regulator, Financial Conduct Authority, has blacklisted two clones of financial firms, including one posing as Goldman Sachs Go to Source Powered by WPeMatico
Ever since the Chicago Board Options Exchange (Cboe) announced it was ending its bitcoin futures products back in March, the Chicago Mercantile Exchange (CME Group) has seen a huge influx of bitcoin derivatives volumes. During the second week of May, CME’s bitcoin futures touched a milestone when it surpassed 33,000 contracts ($1.3 billion notional value) … Read more
The vice president of the largest Brazilian bank revealed that local banks are preparing to introduce a unique blockchain platform on June 12 Go to Source Powered by WPeMatico
Global payment giant Visa has launched a network for cross-border payments that is partially based on blockchain technology Go to Source Powered by WPeMatico