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Bitcoin Daily: Companies Give Crypto Ads The Boot, Ford Gets Vehicle-To-Vehicle Crypto Patent

PYMNTS

Bitcoin fell below the $8,000 level on Tuesday (March 27), CCN reported – and the cryptocurrency market as a whole could fall below a market cap of $300 million. In hedge fund news, Morgan Creek acquired Full Tilt Capital LLC two months after that firm decided to dedicate a fund to crypto businesses, Bloomberg reported.

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8 Connected-Economy Firms Expected To Light Up The IPO Market In 2021

PYMNTS

Many enjoyed huge first-day price pops, heating up the IPO market even more — and 2021 seems poised to only continue the fireworks. Popular stock-trading app Robinhood Markets reportedly recently hired Goldman Sachs to lead a possible 2021 IPO that would value the company at more than $20 billion. Then shares soared 85.8

Marketing 198
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State Regulation, Conference of State Bank Supervisors, Financial Services, FinTech, Charles Clark, Washington State Department of Financial Institutions, License, Regulation, Bank of Indonesia, FinTech, Bitcoin, Cryptocurrency, News

PYMNTS

Through the Conference of State Bank Supervisors, Georgia, Illinois, Kansas, Massachusetts, Texas, Tennessee and Washington are looking to standardize the ways firms across traditional financial services and FinTech upstarts apply for, and are granted, licenses. Can the states make licensing – of the money movement kind – any easier?

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Kabbage Lands Credit Suisse Credit Facility

PYMNTS

The new, DBRS-rated facility, provided by Credit Suisse, speaks to Kabbage’s maturity in the financial markets and gives us diverse funding options to serve our small business customers,” Kabbage Head of Capital Markets, Deepesh Jain, said in a statement. “To

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The Current Banking Crisis – 10 Not So Apparent Lessons

South State Correspondent

It turns out that confidence is more valuable than capital. The ratio would provide a bank’s current core capital position to risk-adjusted assets. Many banks will park this liquidity in cash or short-term securities in an attempt to get ahead of higher required capital ratios that are likely forthcoming from regulators.

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MainVest On Bringing Everyday Investors To Main Street Shops 

PYMNTS

Big plans generally required big investments — which is why the best-known startup firms in the world have big names in business and venture capital standing behind them with their big checkbooks as backers. have much simpler goals than bringing to market an epoch-making innovation. In fact the vast majority of small firms in the U.S.

Maine 151
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Cash-Strapped Entrepreneurs Squeezed Out Of Marijuana Business

PYMNTS

Tight regulations around the legal marijuana industry are barring non-wealthy entrepreneurs from entering the market, according to reports from Forbes on Wednesday (June 13). Wall Street executives are behind Columbia Care, for instance, while Captor Capital and resource entrepreneur John Zorbas have backed MedMen.