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Report: $50B In Cryptocurrency Moved Out Of China

PYMNTS

More than $50 billion of cryptocurrency was transferred from virtual wallets in China to other parts of the world last year, a potential violation of the nation’s strict limits on how much money can be sent abroad, according to a new report. Cryptocurrency could be picking up some of the slack.” .

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Highlights From Federal Bank Regulators’ Joint Statement on Cryptocurrency Assets

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Recognizing that regulated and non-regulated financial institutions seek to engage in cryptocurrency and crypto asset activities, the three largest federal bank regulators, the Federal Reserve, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency, recently issued a joint statement on crypto assets.

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Bitcoin Daily: Japan's SBI VC Trade Debuts Crypto Lending; Bitcoin Closes In On All-Time High

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million, CoinDesk reported, the first IPO to use cryptocurrency as an accepted currency. FinTech STAX, a capital-raising platform that accepts both dollars and cryptocurrency, helped WCA raise the funds. “We The platform, VC Trade Lending, will support just bitcoin initially, but has plans to add Ether and XRP support.

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Bitcoin Daily: Philippines Central Bank Eyes Issuing Cryptocurrency; Security Firm Ledger Details Data Breach; TradeStation To Launch Crypto Lending Service

PYMNTS

He added that while cryptocurrency is important, the blockchain technology behind it is equally so. “Cryptocurrency for us has always been beyond the asset itself but more on the blockchain technology that underpins it,” he said, according to Bloomberg. Meanwhile, TradeStation , the U.S.

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Everything You Need to Know About Crypto

Speaker: Ryan McInerny, CAMS, FRM, MSBA - Principal, Product Strategy

Cryptocurrency and non-fungible tokens (NFTs) - what are they and why should you care? With 20% of Americans owning cryptocurrencies, speaking "fluent crypto" in the financial sector ensures you are prepared to discuss growth and risk management strategies when the topic arises.

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Cryptocurrency Holding Company Integrated Ventures Launches Blockchain Lending Solution

PYMNTS

Cryptocurrency holding company Integrated Ventures wants to disrupt the lending industry with blockchain. 18) of the launch of CryptoFunder, a blockchain platform that provides lenders with a way to store and manage lending information. Other companies have explored blockchain for the corporate lending space too.

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Cryptocurrency opens new doors for small business lending

Payments Source

New models are emerging, including joint initiatives between established banks and new alternative lending players, as well as those incorporating blockchain and cryptocurrencies, writes Eugene Green from WishFinance.