China Adds a New City to Their Fintech Pilot Initiative
China’s central bank adds a new city to its fintech innovation supervision pilot. Go to Source Powered by WPeMatico
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Wirex Approved to Issue Mastercard-Backed Bitcoin Debit Cards
Mastercard said Monday it had granted Wirex principal membership status, becoming the “first” native cryptocurrency outfit to do so. The membership allows Wirex, a London-based digital payments firm, to issue payment cards directly to consumers, making it easier for people to buy, hold and exchange crypto into fiat money. Raj Dhamodharan, Mastercard’s executive vice president … Read more
Missing Wirecard Exec Found in Belarus; Russia’s FSB Involvement Suspected
Russian intelligence might have a lot to do with helping former Wirecard COO Jan Marsalek disappear into thin air. Go to Source Powered by WPeMatico
European Digital Bank Revolut Expands Bitcoin Trading Services to 49 US States
British digital bank Revolut said Wednesday that it will start offering its cryptocurrency trading services in the U.S. Users in 49 U.S. states, excluding Tennesee, can now buy and sell bitcoin (BTC) and ethereum (ETH) through the Revolut app, it said. They can also store their digital assets in the app and cash out instantly. … Read more
Research Suggests STOs Are Better at Financing Startups than ICOs
Faculty at the Rotterdam School of Management argue that STOs are better for financing startups than ICOs. Go to Source Powered by WPeMatico
Leaked Documents Suggest Former Wirecard Exec Was Linked to Secret Russian Gov Operations
Jan Marsalek reportedly bragged of ties with Russian intelligence services and touted secret documents about chemical weapons used in the UK. Go to Source Powered by WPeMatico
Cointelegraph Exclusive: CFTC Moves Annual Fintech Conference Online
In response to the COVID-19 pandemic, the CFTC is changing up the format for its annual Fintech Forward conference. Go to Source Powered by WPeMatico
Wirecard Folds: A Blow to Crypto Cards, but a Chance for Blockchain
A temporary nuisance for crypto debit card holders, the Wirecard debacle reminds the public of the problems blockchain technology was designed to fix. Go to Source Powered by WPeMatico
Shareholders File Criminal Complaint Against EY for Alleged Role in Wirecard Scandal
Shareholders in German fintech Wirecard are taking legal action against Big Four auditor EY in the fallout from the scandal now engulfing the company. Go to Source Powered by WPeMatico
When Big Ben Rings: UK FCA’s Stance on Crypto Seen as Harsh but Fair
Most believe that the FCA’s latest efforts to monitor the U.K.’s crypto ecosystem are a step in the right direction. Go to Source Powered by WPeMatico