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PYMNTS
AUGUST 23, 2018
The Chinese government has a complicated relationship with cryptocurrency: While it seems to be enthusiastic about the applications of blockchain technology, the country has banned initial coin offerings (ICOs) and blocked crypto trading sites.
PYMNTS
JULY 13, 2020
Proposed amendments to existing bills want to classify cryptocurrencies as goods rather than currencies. ” But Sung Tae-yoon , an economist with Yonsei University, warned that taxing cryptocurrencies could slow the country’s tech markets. And, the U.S.
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PYMNTS
SEPTEMBER 12, 2018
The Alibaba /China presence in blockchain patents shows a further bifurcation in the country’s approach to digital efforts, such as cryptocurrencies and blockchain. As has been well-documented in this space, the damper on activity tied to cryptos has extended to social media. Yet, blockchain remains an area of interest.
PYMNTS
JUNE 21, 2019
The dispute over the Office of the Comptroller of the Currency ‘s (OCC’s) national bank charter, which became available to FinTech firms last year, has reportedly caused technology conglomerates to shy away from a tool that aims to provide nonbank firms with a more streamlined way to operate on a national level. Or does it?
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. But the company’s website — and all social media accounts — suddenly disappeared, as did the money investors placed in the company.
PYMNTS
JULY 23, 2019
Facebook’s David Marcus was grilled and the cryptocurrency was criticized in hearings with the Senate Banking Committee on July 16, and by the House Financial Services Committee on the following day. For those who missed it, PYMNTS published a recap of Libra’s week in Washington.).
Gonzobanker
DECEMBER 14, 2023
Honorable Mentions – while this was a quiet year for M&A, we tip our hat to Atlantic Union’s acquisition of American National Bank and Eastern Bank’s acquisition of Cambridge Bank. They should have been investing in fintech growth businesses and they had the capital to do it.” Expect more deals to be announced in 2024.
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