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Bitcoin Daily: Public Blockchain Cardano Developing Chip That Creates Cash-Like Crypto; Brazil Probes Banks Turning Away Crypto Firms; Albania Proposal To Regulate All Crypto

PYMNTS

Cardano’s idea could create a fiat-like experience for users, and it could open up possibilities like authenticating and managing luxury goods, like the ability to identify a Louis Vuitton bag, for instance. With new microchip tech by Cardano , cryptocurrency users would be able to access payment services without an internet connection.

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Data Dive, Supersize Edition: Warby Parker, Whole Foods And WhatsApp

PYMNTS

But the system has not yet managed its long-touted national expansion — and the issue at hand seems to be data processing. Indian regulation requires all payments data be processed in-nation — instead of on Facebook’s servers. The attackers managed to make off with user names and passwords. Whole Foods’ Expanding Footprint.

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Utah’s new regulatory sandbox

CFPB Monitor

This bill created the nation’s third regulatory sandbox program for fintechs, after Arizona , which enacted sandbox legislation in March 2018, and Wyoming , which enacted sandbox legislation in February of this year. Notably, Utah’s definition expressly includes blockchain technology. The sponsor of Utah’s legislation, Rep.

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How the OCC is building Crypto America

Lex Sokolin

Passive ETF asset allocation assets have gone through the roof , in part because they are the choice of fee-based financial advisors and wirehouses that now control about $10 trillion in assets under management. American financial regulation is an alphabet soup, and has grown out of politics and crises. It is logic. It is statistics.

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How the OCC is building Crypto America

Lex Sokolin

Passive ETF asset allocation assets have gone through the roof , in part because they are the choice of fee-based financial advisors and wirehouses that now control about $10 trillion in assets under management. American financial regulation is an alphabet soup, and has grown out of politics and crises. It is logic. It is statistics.

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Lemonade Insurance Review: Best for Simple Insurance Coverage

MyBankTracker

Perhaps the biggest feature that set’s Lemonade apart from other insurers is its focus on technology and automation to handle customer service and claims. Lemonade is a fully licensed and regulated insurance company that serves customers in both the U.S. What is Lemonade? and select locations in Europe. Pricing and coverage.

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Chime, Uniswap, and the future of finance could soon struggle

Lex Sokolin

This generated a good $6 billion of revenue in 2016, though that number is likely further compressed given attempts at regulating this sector. It doesn’t have an ILC charter from Utah, or a crypto bank charter from Wyoming, or a straight-up bank charter like Varo, nor has it acquired any banks like Lending Club or Jiko. No shenanigans.

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