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Bitcoin Daily: Ethereum Protocol Aave Raises $25M; BOE Head Takes Stance Against Bitcoin

PYMNTS

Aave recently announced its governance model to help the community access more participation, with old Aave token LEND now able to be swapped for the new Aave token at a ratio of 100 LEND to 1 Aave.

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Bitcoin Daily: Bitcoin Rises After Recent Crash; IRS Delivers New Rules For Crypto Investors

PYMNTS

Ransom is demanded in bitcoin, upon threat of releasing damaging information to family, friends, and co-workers. Because threat actors often get recipients’ emails from password breach lists, they sometimes include passwords to lend authenticity,” Hunter Johnson, Cofense Professional Services at Cofense, wrote in a blog post.

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Amazon’s Bitcoin Embrace And Cannabis Burgers Top The Week’s News

PYMNTS

In addition, they are expected to jointly explore new product and service offerings in digital lending. Amazon Embraces Bitcoin. Bitcoin , through the lightning network, will soon be available as an option to pay on Amazon and other eCommerce sites. Mueller Report Reveals Bitcoin’s Russia Connection. Fun, Odd and Edgy.

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Report: $50B In Cryptocurrency Moved Out Of China

PYMNTS

While Chinese traders are limited to the purchase of up to $50,000 of foreign currency annually, the volume suggests stablecoins could be being used to circumvent the regulation, according to Chainalysis , the New York-based provider of regulatory compliance software. Cryptocurrency has not been without controversy.

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5 ways bitcoins can bite a lender

ABA Community Banking

Tips to mitigate bitcoin lending risk Management Lines of Business Compliance Risk Management HowTo Credit Risk. 1Risk Management'

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Bitcoin Daily: IRS To Meet With Crypto Groups; Thieves Take $630,000 In Ether From Lender bZx

PYMNTS

The summit, according to BloombergTax, will include four 90-minute panels on technology updates, problems with cryptocurrency exchanges, tax return preparation and regulatory guidance and compliance. The summit will include both private sector panelists and government officials sharing their views and engaging with the audience.

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GDPR Challenges Indian Firms While FinTechs Eye Charters With Caution

PYMNTS

The survey stretched across 77 C-level executives, IT managers and others — and of that tally, 76 percent of firms are not currently in compliance with their own information governance policies. As many as 85 percent of firms are boosting budgets over the previous year’s, tied to data privacy and compliance.

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