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Bitcoin Daily: Binance Denies Reports Of Police Raid; Blockchain Expands To Gaming Payments

PYMNTS

Paris-based Ultra , which has created its own blockchain, announced that French video game giant Ubisoft will become the first major gaming system to test out payments on its blockchain for gamers. The population of the country sees these capital controls are put in place, and then they’re going to look for a way around it.

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Governments Sending Mixed Signals On Blockchain

PYMNTS

Bitcoin doesn’t necessarily have the blessing of government agencies, but what about blockchain? It seems governments are a bit more open to distributed ledger technology (DLT), though that doesn’t mean blockchain companies get a free pass with regulators. government isn’t the only jurisdiction going hot and cold on blockchain.

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More Bank-Fintech Partnerships Emerge as Groups Embrace Digital

Banking Exchange

Customers Bank, Capital Bank and Community 1st Credit Union among the latest to embrace financial technology Technology Financial Trends Payments Feature3 Fintech Feature Lines of Business Tech Management Mobile Online Cards Blockchain PPP Covid19 Community Banking.

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Veem Grows Multi-Rail B2B Payment Capabilities

PYMNTS

Digital payment solution provider Veem unveiled central improvements to its routing technology inside of the country and abroad, according to a Wednesday (Dec. Our multi-rail technology is a game changer, offering an unprecedented level of security, speed and service to small business owners,” Veem CEO Marwan Forzley said in the announcement.

Payments 150
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Ripple Closes $55 Million Venture Capital Round

PYMNTS

Additional investors who participated in the round include Santander InnoVentures, the venture arms of CME Group and Seagate Technology and Venture 51. ” Existing Ripple investors include GV (Google Ventures), Andreessen Horowitz, IDG Capital Partners and Jerry Yang’s AME Cloud Ventures. .

Capital 100
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GAO: FinTech Firms, FIs Seek Alternative Data Clarity In Lending

PYMNTS

Separately, the Securities and Exchange Board of India (SEBI) is in the midst of plans for a “sandbox” that will help boost FinTech efforts for capital markets, as reported by The Hindu. The news outlet quoted SEBI Chairman Ajay Tyagi late last month that blockchain may pose challenges for exchanges and financial firms. “We

Lending 150
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Can Moscow Overcome A Tarnished Tech Reputation?

PYMNTS

Russia has ambitions to be a leader in the blockchain space and currently has 500,000 blockchain users. Political conflict has wreaked havoc on the country’s financial health over the years, which has, in turn, caused many global venture capitalists to look elsewhere and talent to drastically exit in search of better opportunities.