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Bitcoin Daily: Crypto Phone Coming Soon, South Korean Lawmakers Draft Crypto Rules

PYMNTS

The government of India is not looking to ban crypto assets, despite recent central bank policy that has told banks to not service accounts of coin market operators, Cryptovest reported. million home in Delaware was purchased with bitcoin, Bitconist reported. On another note, a $1.75 as well as the U.K.

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Santander Gets Hit With Fine Due To Overdraft Practices

PYMNTS

According to the CFPB, the telemarketing vendor Santander contracted with deceptively marketed the overdraft service to consumers and signed them up without getting their consent. We will put a stop to any such unlawful practices that harm consumers.”.

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OCC outlines risk plan as Northeastern loan growth doubles

Abrigo

Multifamily, commercial and automotive loans are driving loan growth among banks in the Northeast, but increasing risk will draw fresh attention from regulators to ensure recent and future growth is sound, the Office of the Comptroller of the Currency said recently. The OCC on Oct. The OCC on Oct. • Changes in underwriting.

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Chapter 11 Watch: Hanjin’s Latest Lifeline, Caesars Raises The Stakes And E-Cigarette Troubles

PYMNTS

Korean Air’s board of directors approved a 60 billion won ($54 million) loan to Hanjin in an effort to help it continue daily operations. NJOY, one of the largest makers of e-cigarettes, filed for bankruptcy protection in Delaware federal court on Sept. and is saddled with $5.37 billion in debt. 22) after the news.

Las Vegas 100
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Finance in motion— $1B moved for $0.02

Lex Sokolin

Every other person had a physics PhD and worked in risk management for large capital markets trading desks. Not from a Bitcoin speculation point of view, but from an operating, business model perspective. But when you look at market cap and activity, Tether remains top dog. crypto and artificial intelligence?—?was but “How?”.

Bitcoin 40
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Juno’s Shuttering Spotlights (Some) Pressures Of Gig Economy Pay ‘Floors’

PYMNTS

To that end, in New York, the ride-hailing firm known as Juno (operated by Israeli firm Gett ), filed for bankruptcy protection this week and said lawsuits — and new minimum wage mandates — led to the decision. Bankruptcy Court in the state of Delaware. Juno may be a special case, limited to a single market.

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Banking Is Only The Beginning: 30 Big Industries Blockchain Could Transform

CB Insights

Ultimately, the use cases for a transparent, verifiable register of transaction data are practically endless — especially since blockchain operates through a decentralized platform requiring no central supervision, while still remaining resistant to fraud. Even now, blockchain is creating new a new “predictions market.”