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Tag: financial services

SAFE Banking Act Dropped From China Competition Bill

Federal legislation that would permit financial institutions to provide banking services to legal cannabis businesses has been dropped from a bill designed to foster...

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Stablecoin-Related Services and Regulations Are Growing Worldwide

Oman Backs Crypto MiningCrusoe Energy, a firm based in the United States specializing in mining Bitcoin with excess natural gas, plans to set up...

44 Countries Gather in El Salvador to Discuss Bitcoin, Mark of a New Beginning

The existing traditional financial system has failed many countries, leaving them dependent on the US Dollar; however, the meeting in El Salvador demonstrated that...

FTX is Hunting Brokerage Firms Amid Launch of its Stock Trading Services, Says Reports

Reports suggest that FTX, a crypto derivatives exchange, and NFT platform, has met at least three brokerage startups regarding potential acquisitions over the last...

Stock Trading Against Stablecoin Embarked by FTX US

FTX US, a cryptocurrency exchange, is now offering shares to its users in the United States. On 19th May, it announced that select consumers would be...

SWIFT is Collaborating with Capgemini to Test CBDC Cross-Border Payments

The SWIFT, an abbreviation of the Society of Worldwide Interbank Financial Telecommunication, announced its collaboration with the French IT firm Capgemini on Thursday. Banks worldwide use...

PayPal Ventures Announces Investment in Cymbio

PayPal Ventures, the venture capital arm of financial services provider PayPal, recently invested in Cymbio, a prominent marketplace and dropship automation platform.
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Embedded finance development potential in Mexico

  Mexico became the first LatAm state to begin developing fintech-specific legislation. 2018 law defines which organizations are considered as fintech companies, regardless of the type of credit they lend – short or long-term. If a company uses digital platforms and e-walleting in their activities, it should comply with the fintech law. In case the […]

The post Embedded finance development potential in Mexico appeared first on Fintech News.

Brian Reisbeck of Coinme Discusses International Efforts to Regulate Crypto

Brian Reisbeck is the new chief compliance officer at Coinme, a crypto exchange stationed in the U.S. He recently offered his comments and thoughts on international compliance and attempts to regulate the crypto space. Brian Reisbeck Offers His Thoughts on Crypto Compliance Regulation has long been a controversial topic, with some analysts completely for it,...

The post Brian Reisbeck of Coinme Discusses International Efforts to Regulate Crypto appeared first on Live Bitcoin News.

Here’s the first multi-CBDC settlement project and participating countries

While the US debate over the CBDCs and their effects, the rest of the world are getting closer to releasing their own CBDCs.

The post Here’s the first multi-CBDC settlement project and participating countries appeared first on CryptoSlate.

3 leading Fintech trends to watch in 2022

  By FintechNews staff   -We have seen dramatic growth in FinTech during the pandemic. As the banks shut down, people largely relied on virtual financial services. For example, in the United States, 59% of Americans use more fintech apps now than they did prior to the pandemic. With all these changes happening, we highlight 3 […]

The post 3 leading Fintech trends to watch in 2022 appeared first on Fintech News.

Report: Bank of England is working on crypto regulation framework

The Bank of England (BoE), the United Kingdom’s central bank, has reportedly begun developing a new framework aimed at bringing cryptocurrencies and stablecoins into various existing regulatory fields.

The post Report: Bank of England is working on crypto regulation framework appeared first on CryptoSlate.

Trading Giant Robinhood Unveils New Debit Card With Crypto Incentives

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Popular trading platform Robinhood is announcing the launch of a new debit card that allows customers to earn crypto rewards as they use it. According to a recent company blog post, the Cash Card will give debit card users benefits that are traditionally reserved for credit card holders. “The Cash Card builds on our mission […]

The post Trading Giant Robinhood Unveils New Debit Card With Crypto Incentives appeared first on The Daily Hodl.

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