PYMNTS

JUNE 20, 2019

Unlike social media … the terms of engagement for innovations such as Libra must be adopted in advance of any launch.”. One thing he wants to do right away is to enhance the coordination between financial regulators in the country. “To separates from the European Union. To remain a dominant player we in the U.K.

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PYMNTS

JANUARY 31, 2018

For years, throughout the volatility of cryptocurrency values, some industry experts have assured investors and innovators that blockchain is the disruptor in which the market should place its faith. Bitcoin and blockchain creator Satoshi Nakamoto developed these tools nearly a decade ago, he said. The reality is not quite so great.”.

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blockchain Bitcoin cryptocurrency New York 124

Bussman Advisory

JUNE 30, 2022

Do you want your board, executives or staff to better understand the impact of FinTech, Blockchain or Digital Assets on the future of finance? The latest edition of the FinTech Ecosystem Newsletter is here : Interested in FinTech or Digital Assets related Advisory or Workshop? Contact us at info@bussmannadvisory.com for more details.

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Bussman Advisory

FEBRUARY 10, 2022

regulators tell banks to prepare for Russian cyberattack threat. Do you want your board, executives or staff to better understand the impact of FinTech, Blockchain or Digital Assets on the future of finance? regulators tell banks to prepare for Russian cyberattack appeared first on Bussmann Advisory AG.

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Bussman Advisory

JULY 29, 2022

Do you want your board, executives or staff to better understand the impact of FinTech, Blockchain or Digital Assets on the future of finance? The latest edition of the FinTech Ecosystem Newsletter is here : Interested in FinTech or Digital Assets related Advisory or Workshop? Contact us at info@bussmannadvisory.com for more details.

Lending 52

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PYMNTS

AUGUST 20, 2019

European Union antitrust regulators announced that they are “currently investigating potential anti-competitive behavior” related to Facebook ’s Libra. Senate, David Marcus , Facebook’s head of blockchain projects, confirmed Facebook’s commitment that it would not look to bring Libra online in the U.S. lawmakers, led by Rep.

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PYMNTS

MAY 10, 2017

Being unable to prove who you are is a big problem for anyone, anywhere on Earth looking to secure any kind of bank account, since global regulators all more or less agree that one has to know their customer. The Power of the Blockchain. The items and transactions will be recorded on the blockchain, and that is very valuable.”.

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PYMNTS

JULY 23, 2019

The Swiss Federal Data Protection and Information Commissioner (FDPIC) said it still hasn’t heard from Facebook regarding its supposed oversight of Libra, the social media giant’s proposed cryptocurrency. . Libra has already faced stiff scrutiny from regulators and policymakers all over the world.

Data 161

Data social media cryptocurrency Regulation 161

PYMNTS

JUNE 24, 2019

The think pieces have come in waves, as have the reactions from analysts, cryptocurrency enthusiasts and regulators — and the world waits to see exactly what Facebook and its cadre of payments and commerce players design. There will be perceptual hurdles to clear, and regulators to convince. It’s a reason to work with regulators. “We

Payments 179

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PYMNTS

AUGUST 27, 2019

Facebook’s Libra cryptocurrency project is working with HackerOne on a bug bounty for applications built on its blockchain, TechCrunch reported on Tuesday (Aug. We are launching this bug bounty now, well before the Libra Blockchain is live.

Security 132

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PYMNTS

OCTOBER 1, 2019

“Here is something which is being done transparently,” he said, referring to Facebook’s Libra , which will be closely regulated and subjected to anti-money laundering laws. “We Facebook announced plans for a blockchain-backed cryptocurrency in June, with a target launch of June 2020. We are not here to make such projects impossible.

social media 144

social media cryptocurrency Regulation blockchain 144

PYMNTS

JUNE 2, 2019

The Financial Stability Board ( FSB ) has warned that regulators need to increase their risk assessments of the cryptocurrency sector. And Block.one has announced the launch of Voice, a blockchain-based social media application designed so that the value of good content gets circulated back into sustaining the community.

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PYMNTS

JULY 23, 2019

The social media giant is now compelled to address a growing number of fabricated exchanges associated with its digital asset, The Washington Post reported on Tuesday (July 23). The Libra ecosystem consists of new rails, the Libra blockchain, built by Facebook engineers.

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PYMNTS

SEPTEMBER 11, 2019

The social media giant wants to move forward and launch Libra in June despite global questioning and hesitation. We are engaging in constructive dialogue with FINMA and are encouraged to see a feasible pathway for an open-source blockchain network to become a regulated, low-friction, high-security payment system.”.

Payments 182

Payments social media cryptocurrency System 182

PYMNTS

JUNE 6, 2019

De Mol’s lawyers accuse the social media giant of failing to prevent the ads, as well as not responding fast enough to complaints. Aion Network has announced the launch of the world’s first JVM-compliant blockchain virtual machine. “We million euros ($1.9 million) from its victims. And Azarus has raised $1.8

Bitcoin 135

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PYMNTS

NOVEMBER 12, 2018

This time, South Korean blockchain company Pure Bit has reportedly stolen $2.7 According to The Next Web , hours after moving all raised funds out of its wallet, the company shut down its website, deleted its social media accounts and kicked all users off its chat group. Another exit scam has hit the crypto world.

Marketing 179

Marketing cryptocurrency social media blockchain 179

PYMNTS

FEBRUARY 14, 2020

12) that the federal government would be rolling out new regulations regarding cryptocurrency at the Financial Crimes Enforcement Network (FCEN). In other news, soccer powerhouse Barcelona is teaming with Chiliz, a FinTech platform, with the intent of creating its own blockchain-based token for the team.

Bitcoin 141

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PYMNTS

JUNE 5, 2017

Last week we saw hackers prove there’s no such thing as vacation when there’s consumer data to steal, Wells Fargo continued its great rebuilding with a round of executive reorganization and Canadians said “no thank you” to the blockchain — but very politely, as is their custom. Canada Takes a Pass on the Blockchain. Here’s the rundown.

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PYMNTS

MARCH 23, 2020

In addition, the regulator disputed Kik’s contentions that half of its sale was just for accredited investors. Beyond Draper, WazirX and Binance publicized their $50 million “ Blockchain for India ” fund earlier this month. The SEC contended that Kik sold tokens to investors with the idea that they would experience a return.

Bitcoin 132

Bitcoin social media Security blockchain 132

PYMNTS

AUGUST 18, 2019

Waters has been a vocal critic of the social media giant’s plans for its own digital currency. Senate grilled David Marcus, Facebook’s head of blockchain projects, on Libra. He said Libra’s associated Calibra wallet plans will be regulated by the U.S. Last month she — along with Reps. government has over monetary policy.

US 173

US social media Policies cryptocurrency 173

PYMNTS

JULY 15, 2019

According to Cointelegraph , an unverified document published by tech lawyer Varun Sethi has been making the rounds on social media, showcasing a draft bill entitled “Banning of Cryptocurrency & Regulation of Official Digital Currencies.”. India is reportedly considering a ban on cryptocurrencies.

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cryptocurrency social media blockchain Regulation 115

PYMNTS

JUNE 23, 2019

Byrne told CNN Business that the social media giant’s launch of its own digital currency validates the space — and Overstock would be open to partnering with Facebook on the project. Overstock has spent $150 million on its blockchain business, tZero; the company owns 82 percent of the exchange.

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PYMNTS

JUNE 20, 2019

The social media giant shared its plans for both projects, which aim to transform financial services worldwide by empowering the more than 1.7 The Libra Blockchain will be global, but it will be up to custodial wallet providers to determine where they will and will not operate. Calibra won’t be available in U.S.-sanctioned

Marketing 108

Marketing cryptocurrency social media United States 108

PYMNTS

APRIL 24, 2020

The yuan pilot tests became known to the public after a screenshot circulated on social media earlier this month that supposedly showed a new digital yuan app from the Agricultural Bank of China. Further tests will be done in Shenzhen and Chengdu and ahead of the 2022 Winter Olympics in Beijing.

social media 209

social media National Regulation Groups 209

PYMNTS

MARCH 8, 2018

As social media companies focus on preventing harmful content from spreading across their platforms, Twitter seeks to stop cryptocurrency scams from circulating as well. And Wyoming recently passed a law that would make some digital coins exempt from regulation, TechCrunch reported. Litecoin did not have a stellar day either.

Bitcoin 101

Bitcoin Wyoming cryptocurrency social media 101

PYMNTS

MARCH 7, 2018

Ripple — the blockchain company whose technology powers the cryptocurrency XRP — has created a new payment app in which transactions are settled instantly. While many regulators around the world are banning cryptocurrency trading, Japan has embraced it.

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cryptocurrency Payments Bitcoin social media 147

PYMNTS

JUNE 28, 2019

David Marcus, Facebook vice president of messaging products and a key developer of the social media firm’s Libra digital currency project, thinks someone with experience in government and central banking would be a great leader for the team that would oversee the currency, according to reports. “We

social media 117

social media cryptocurrency blockchain Regulation 117

PYMNTS

DECEMBER 24, 2020

Said Allaire of the bid to get digital currencies more front and center: “Regulators are getting their arms around them … the digital asset market is now moving, more and more, into the mainstream of finance, FinTech payments and banking world.”. And, of course, the crypto landscape extends well beyond bitcoin. Dollars Done Digitally.

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PYMNTS

APRIL 2, 2018

The specific directive from William Galvin, the state’s head securities regulator, commands that those firms abandon the sale of what have been termed “unregistered securities.” Although the firms had advertised across social media, none of them had registered to offer or sell securities. 18 Moons, Across Platforms, Inc.,

United States 110

United States social media Arizona cryptocurrency 110

PYMNTS

JUNE 8, 2018

There, money flows mainly through a pair of digital ecosystems that blend social media, commerce and banking — all run by two of the world’s most valuable companies,” Bloomberg reported. Regulations may pose a threat to Ant Financial’s ambitious expansion.”. That contrasts with the U.S., Consider the scales involved.

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New York social media United States Comparison 108

Bankelele

FEBRUARY 4, 2016

While currency regulation and monetary policy is within the purview of the Central Bank, it is important to dig deeper into what could be the most revolutionary technology of our age and how best we can we move forward with ensuring Kenya and indeed the African continent exploits fully the opportunity that is now within our grasp.

Bitcoin 28

Bitcoin blockchain Regulation social media 28

PYMNTS

MARCH 22, 2019

“Based on our learnings from that experiment, we actually decided to make meaningful improvements in the existing rails by leveraging the payments ecosystem, and within that ecosystem, we are considering the FinTechs as well or the regulators around the world as well, including SWIFT,” said Gulru Atak, who helms the lab.

Bitcoin 123

Bitcoin social media Lending cryptocurrency 123

Insights on Business

DECEMBER 10, 2017

Fintech startups have the creativity and agility to develop applications to please these consumers, but playing by the rules of this highly regulated industry costs money and ultimately slows them down. Fintechs started dominating in the digital channel by reaching clients through bots, social media and other digital channels.

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Fintech social media Apple Google 115

PYMNTS

MAY 2, 2017

” Particularly encouraging, Overstock is working with regulators to use their blockchain-based tech to patch what CEO Patrick Byrne called “mischief on Wall Street,” like naked short-selling. This is called the ‘Jump Point’ by social media experts, or ‘going viral.’

Bitcoin 100

Bitcoin social media blockchain Software 100

PYMNTS

JUNE 9, 2018

Whether he has to consider it more seriously — now or in the not too distant future — remains to be seen, and the outcome there could determine whether Snap is going to be a social media star that sizzles or an almost-was that ultimately fizzled. Blockchain babies : Immutable ledger. The last mile may seem a bit shorter.

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blockchain social media Google Leadership 128

CB Insights

SEPTEMBER 11, 2018

The Edelman Trust Barometer shows that public confidence in search engines and social media platforms fell 11 percentage points from 2017 and 2018. Facebook stock is down and it faces investigation by a growing list of international regulators. Google has lost employees and also faces regulation.

Google 48

Google Apple Policies social media 48

PYMNTS

JUNE 27, 2017

I often think about all the new regulations payments companies will need to comply with and how we can leverage artificial intelligence and machine learning to help them better protect themselves and their customers, achieve compliance and avoid fines. However, these requirements can also make operations more challenging for businesses.

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