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SEPTEMBER 29, 2020

With more countries and regions embarking on the modernization of their payments systems to capitalize on real-time technologies and customer demand, the market opportunity is significant,” said Paul Stoddart , Mastercard president of new payment platforms. Payments giant Mastercard, based in Purchase, N.Y.,

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PYMNTS

JUNE 13, 2019

Technologies such as artificial intelligence (AI) and biometrics are changing the digital security landscape, and a recent study found that social media networks have become a more popular way for hackers to target new victims. billion: Total value of losses to cryptocurrency theft reported in Q1 2019.

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Security Tools social media cryptocurrency 139

PYMNTS

DECEMBER 9, 2020

Blockchain trade technology firm XREX has rolled out a cryptocurrency Exchange-as-a-Service (EaaS) technology called MyXchange. GUUD has sizable operations throughout Asia, and GUUD leaders have publicly announced intentions to grow in the region.

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PYMNTS

APRIL 23, 2019

Japanese billionaire and SoftBank Founder Masayoshi Son didn’t do well in his personal cryptocurrency investing, reportedly losing more than $130 million. Son’s investments in technology companies resulted in the launch of the $100 billion SoftBank Vision Fund. SoftBank is currently valued at as much as $190 billion.

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JULY 10, 2020

It noted 25 countries or regions among its members — and virtual asset service providers — have made progress in implementing its standards. From January through May cryptocurrency thefts, hacks and frauds totaled $1.4 Last fall, FATF raised concerns about how stablecoins could be used for illicit purposes. “It

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PYMNTS

JUNE 27, 2019

According to data from CoinATMradar.com, cryptocurrency ATM manufacturer General Bytes has installed 69 new machines since the beginning of June, while Genesis Coin added 24 new BATMs, and Lamassu and Bitaccess added 13 and 11 cryptocurrency ATMs, respectively. percent. In other news, it was announced that the U.K.’s

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PYMNTS

MAY 21, 2020

Patent and Trademark Office that would create a digital currency underpinned by blockchain technology. A central entity may maintain exclusive rights to create or destroy currency in a region such as a nation. A central entity may be associated with a government of such a region.”.

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PYMNTS

FEBRUARY 13, 2019

South Korean cryptocurrency exchange Bithumb announced the launch of its own fiat-to-crypto exchange in the United Arab Emirates (UAE) with UAE-based firm Nvelop. The partnership will enable Bithumb to further expand in the Middle East and North Africa (MENA) region, including Saudi Arabia and Bahrain. times increase over five years.

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PYMNTS

FEBRUARY 9, 2018

In 2017, cryptocurrency startups raised $5.6 With so many ICOs underway, one might say the cryptocurrency space has quickly grown oversaturated – or at the very least, overwhelming. The technology is still developing. Right now, people using bitcoin, Ethereum and other cryptocurrencies can’t all shop at the same place.

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blockchain Security cryptocurrency Bitcoin 141

PYMNTS

FEBRUARY 20, 2020

Financial Stability Board (FSB) Chair Randal Quarles has warned global financial regulators that they must accelerate the creation of a framework for cryptocurrency and other forms of digital money, Reuters reported on Wednesday (Feb. He sent the letter ahead of the 2020 IIF G20 Conference happening in Riyadh, Saudi Arabia this weekend, Feb.

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MARCH 6, 2018

s exit from the bloc next year, the EU’s executive is set to propose a draft law aimed at boosting the FinTech market throughout the region. According to news from Reuters , a document by the European Commission revealed that the law would enable the FinTech sector to grow through crowdfunding and common blockchain technology standards. “An

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PYMNTS

OCTOBER 28, 2017

As UBS continues its exploration into blockchain technology, the financial institution’s (FI) CEO Sergio Ermotti told reporters at CNBC his views on the tool. 27) highlighted Ermotti’s remarks on blockchain, as the CEO explained he has more faith in the future of distributed ledger technology than in that of cryptocurrencies.

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PYMNTS

OCTOBER 8, 2018

Also in Europe, the European financial markets regulator has said that it wants to spend one million euros to promote market stability in the region as pertains to cryptocurrencies and FinTechs. That document focuses on budgets and regulatory efforts across the region. Crypto Regulations. As has been reported, the U.S.

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United States Regulation cryptocurrency Cleveland 174

PYMNTS

AUGUST 20, 2018

Automation, bots, blockchain — the deluge of technologies flooding the enterprise today can be overwhelming. Fifty percent of financial executives believe cryptocurrency will become somewhat common for business transactions in the next five years, according to a survey by Robert Half Finance & Accounting. In the U.S.,

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blockchain Survey cryptocurrency Technology 103

PYMNTS

JANUARY 23, 2019

Demand remains an Achilles heel for all cryptocurrencies because most people have soured on this investment class, and have no interest in putting in new money. Set to launch this year, AAX will be the first digital asset exchange venue to use LSEG Technology’s matching engine. Every bounce continues to be a selling opportunity.”

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Bitcoin blockchain cryptocurrency Groups 185

PYMNTS

OCTOBER 18, 2019

Jamie Dimon, CEO of JPMorgan Chase & Co, said that Facebook’s proposed cryptocurrency, Libra, is “ … a neat idea that’ll never happen,” according to reporting by Bloomberg. JPMorgan said it will spend upwards of $11 billion on technology this year, and Morgan Stanley said it will spend $4 billion. Dimon was speaking on Friday (Oct.

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Washington cryptocurrency Regional Technology 101

PYMNTS

FEBRUARY 21, 2018

A former cryptocurrency exchange and its founder are facing charges from the Securities and Exchange Commission (SEC), the agency announced in a press release on Wednesday (Feb. Mehraban, associate regional director of the SEC’s New York regional office, said in the release. “We In a parallel criminal case, the U.S.

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SEPTEMBER 18, 2019

a platform that will help develop a center of AutoMobility innovation via partnerships for new technologies and/or business models. In other news, Opolis has revealed that it received a grant from MakerDAO that will be used to integrate its Dai cryptocurrency into its decentralized employer ecosystem for payroll and benefits.

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PYMNTS

JULY 4, 2018

In addition, the EBA said banks might be burdened with old technology, Reuters reported. The news comes as the EU’s executive is set to propose a draft law aimed at boosting the FinTech market throughout the region as the EU prepares for the U.K.’s s exit from the bloc next year.

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Fintech Guidelines blockchain cryptocurrency 105

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MARCH 25, 2019

One microcosm of fraud and regulatory scrutiny is cryptocurrencies. Said Cohen: “Uncertainty is probably the word of the hour for the crypto environment, because cryptocurrency and crypto exchanges are still relatively nascent. The technology has to fit the process and not the other way around.”. How to Change.

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FEBRUARY 20, 2019

Blockchain is increasingly being separated from cryptocurrency, with an eye toward disparate use cases — some done at the national level. The move by Germany would follow at least some initial forays into exploring blockchain use from regions as far-flung as Britain and Singapore. Bonds And Trade Finance Via Blockchain.

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National blockchain Cleveland cryptocurrency 161

PYMNTS

DECEMBER 4, 2018

KuCoin , a digital currency exchange based in Singapore, has rolled out support for the trading of the Ripple XRP cryptocurrency, Cryptovest reported. The platform now supports trading through eight pairs, including Ethereum, bitcoin, Tether, USD Coin, NEO, TrueUSD, Paxos Standard Token and KuCoin Shares.

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blockchain Bitcoin Guidelines New York 148

PYMNTS

JUNE 17, 2020

A growing number of nations are looking to develop digital versions of their currencies, and now there might be regional initiatives taking shape to target the U.S. Though involving vast numbers of accounts, it would not be a particularly innovative option from a technological viewpoint,” he said.

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US Conference Regional National 223

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AUGUST 15, 2018

And, as the site further noted, the World Bank and the CBA are using blockchain without cryptocurrencies, reporting that “it’s fair to say that mainstream financial institutions have gone as far as divorcing cryptocurrency from blockchain, with the former seen as an unnecessary byproduct of the technology.”.

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blockchain cryptocurrency Technology Report 100

PYMNTS

MARCH 19, 2019

Integrating our technology with IBM Blockchain World Wire represents a paradigm shift for payment processors.”. Bithumb , the largest cryptocurrency exchange in South Korea, is cutting its staff by up to 50 percent, which would reduce its number of employees to around 150.

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PYMNTS

JULY 17, 2019

China represents what he termed a “world of its own,” marked by mature and advanced technology unseen anywhere else in the world. Beyond the technological advances, of course, China’s push toward a digital economy comes as the government has also digitalized the national ID card, which must be wielded by every citizen over the age of 16.

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NOVEMBER 19, 2019

The United States Federal Emergency Management Agency (FEMA) has revealed that it might look into using blockchain technology to streamline disaster insurance payouts, as well as speed up its response to disasters. to launch an alternative crypto-enabled payment infrastructure for residents across the region.

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blockchain Puerto Rico Virgin Islands United States 217

PYMNTS

JUNE 8, 2017

The opportunity is there, Tim Draper said, for the adoption of cryptocurrency and its technologies to become widespread in the region. But on the other end of the spectrum, Indonesia has among the world’s highest profiles of cash usage, second only to India, the newswire stated, quoting the World Bank.

Bitcoin 122

Bitcoin blockchain cryptocurrency Regional 122

PYMNTS

AUGUST 4, 2019

Cryptocurrency compliance company Elliptic has released the Elliptic Data Set, which aims to identify crypto transactions associated with money laundering. billion won ($25 million) into the region by 2021, with development spread between the Munhyeon Innovation District, the Centum Innovation District and the Dongsam Innovation District.

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Bitcoin Study Data Massachusetts 115

PYMNTS

FEBRUARY 27, 2019

In Europe, tech firm Aave is rolling out its Aave Pay app, which lets users pay their bills through cryptocurrency, according to an announcement from the company. Customers can select a digital currency along with the amount of fiat currency they would like to use. They also enter a recipient’s International Bank Account Number (IBAN).

Apple 108

Apple Puerto Rico Mobile Regional 108

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MAY 5, 2019

The New York State Attorney General ( NYAG ) Letitia James wants to see documents regarding an alleged deal made between cryptocurrency exchange Bitfinex and stablecoin operator Tether that “misled their clients and investors.”. Mr. Kitao comes at a perfect time for Ripple as we look to deepen our customer base in Asia and beyond.”.

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Bitcoin blockchain Massachusetts New York 136

PYMNTS

FEBRUARY 21, 2018

A regional government in Russia is now working with state-backed VEB, reports in CoinDesk said this week, as authorities explore how to use blockchain “to improve the quality of management decisions.”. Local officials are hoping to use blockchain to improve public services and boost transparency.

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blockchain Los Angeles Regulation Oregon 130

PYMNTS

DECEMBER 12, 2018

They tie in to public key storage offerings, and the tech giant has said that the offerings apply to smartphones and software The site maintained that the trademarks may be tied to offering storage for cryptocurrencies.

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Samsung blockchain Regional System 137

PYMNTS

AUGUST 15, 2018

Ripple is eyeing the Chinese market, aiming to use blockchain technology to quicken cross-border payments. “China is definitely a country and region of interest,” he said in a phone interview with CNBC. . “China is definitely a country and region of interest,” he said in a phone interview with CNBC.

Marketing 101

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PYMNTS

MARCH 29, 2018

Migrating would save financial institutions from building their own connections and would create access to new technologies and computing developments, Parker said — which is important since many of them are running on platforms that are 50 years old. Time for an update! The startup had to increase its fundraising goal from $1 million to $1.5

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cryptocurrency Regional Bitcoin Cards 109

PYMNTS

NOVEMBER 15, 2018

CIMB , a banking group that operates in countries such as Malaysia, Cambodia and Thailand, has inked a deal with Ripple in order to bring the company’s blockchain technology to its SpeedSend remittance offering, Cryptovest reported. It will also reportedly work with more than one ledger technology, such as bitcoin and Ethereum.

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Bitcoin blockchain Regional Report 188

PYMNTS

MAY 16, 2018

The company is in the process of raising $100 million for a second fund that will continue to invest in FinTechs in Southeast Asia as well as consumer-facing companies in the region. Twenty years from now, there will be no more credit cards, really,” Schulman said at TheStreet’s Investor Boot Camp conference in New York recently.

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