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Crypto 2020: One Step Up; Two Steps Back

PYMNTS

If 2020 taught us anything about cryptocurrencies, it’s that they’ve reached a tipping point. Or maybe that cryptocurrencies have yet to go mainstream beyond the headlines because fraud still lurks. Bitcoin, of course, exists as one of the most widely recognized cryptocurrencies.

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Fed Sees Possible Path To ‘Direct Issuance’ Of Digital Dollars

PYMNTS

And as PYMNTS has previously reported , the Boston Federal Reserve has been working with the Massachusetts Institute of Technology to explore tech infrastructure. Notably, China’s central bank is already developing and testing a national digital currency in the Asian nation.

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Buying into AML risks in real estate

Abrigo

Key Takeaways Real estate markets are vulnerable to money laundering and fraud because of their transaction size and appreciation over time. The real estate market is enticing to more than just new homeowners or investors. Real estate market AML risks Real estate is a proven, traditional, and well-established marketplace.

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The Lures – And Challenges – Of Central Bank Digital Currencies

PYMNTS

The BIS report issued this week that focuses on “foundational principles” defines a CBDC as “a digital payment instrument, denominated in the national unit of account, that is a direct liability of the central bank.”. Depending on where you look, the shift to cashless has been dictated by market forces, or by government guidance.

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Beyond Bitcoin: Cryptocurrencies Flirt With Mainstream Commercial, Consumer Commerce

PYMNTS

Toward that end, and more mainstream use cases, getting the rails in place to speed and streamline transactions, regardless of the cryptocurrency used, remains key. As spotlighted in this space , Ternio said it has joined Visa’s Fast Track as a cryptocurrency-focused enablement partner.

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The PYMNTS 2018 Summer Top 10 List

PYMNTS

Cryptocurrencies suffered through a rough day in mid-June, when prices plummeted fast during a few hours and wiped out a total of $15 billion in value. Mexico and the Philippines — two of the world’s top remittance corridors — are the first two markets out of the gate. Crytpo’s Big Flash Crash. percent on the day. Grubhub Buys LevelUp.

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How Blockchain Tech Could Disrupt Real Estate

CB Insights

While historically a “pen and pencil” business, technology has begun to push the global real estate market into digitized approaches. Market participants could access more reliable data at a lower cost. Imbrex is reportedly planning to launch smart contract-enabled transactions using its own cryptocurrency. Source: Imbrex.