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This experimental pilot project was ambitious. Blockchain may be going more mainstream, but harnessing it for non-fintech applications is still nascent. We encountered challenges around costs, ease of use, data digitization and integration, engineering talent, literacy, reliable internet access, the lack of hardware needed to take a survey, and an
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“We’ve flirted with bringing crypto back into our project for a while now, but there were always obstacles in the way,” Current Chief Technology Officer Trevor Marshall told CoinDesk in an interview. “When DeFi really took off in 2019 we were able to get over a lot of the technical
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Tala offers financial services to the traditionally unbanked through a consumer credit app that underwrites and distributes loans ranging from $10 to $500 with rates starting at 4%. The company says more than six million people have used the mobile app to borrow more than $2.7 billion across Kenya, the
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“For us this is the first step in the world of crypto assets, we want to take this product to different levels and eventually make it possible to sell and buy crypto assets from Movii, with an easy, simple and transparent experience for the user,” Hernando Rubio, CEO and co-founder
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The Nigerian High Court that is presiding over the e-naira trademark infringement case brought against the Central Bank of Nigeria (CBN), has ruled that Central Bank Digital Currency (CBDC) “may proceed on national interest” considerations. The ruling clears a crucial legal hurdle for CBN’s yet to be rolled out digital
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COTI is set to launch bank accounts and Visa debit cards for its users. The company which is building the very first stablecoin on the Cardano blockchain is moving forward with new products to expand its service offerings to its clients. COTI had announced that it had partnered with Simplex
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The central bank of Laos intends to explore issuing its own digital currency, according to a media report that provided details on the plan. A study on the matter will commence soon and will be conducted with the support of a fintech startup based in Japan. Central Bank of Laos
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Flourish Crypto is being launched in partnership with Paxos, the infrastructure provider that connects traditional payment services to cryptocurrency markets. Sep 30, 2021 at 4:49 p.m. UTCUpdated Sep 30, 2021 at 5:42 p.m. UTCMassMutual (SmithCollection/Gado/Getty Images) Source
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Circle, the payment services company that operates stablecoin USDC, subsidiary crypto exchange Poloniex and equity crowdfunding platform SeedInvest, has named Devron Brown to be its senior director for global policy, according to a tweet posted by Dante Disparte, chief of strategy and head of global policy at Circle. The position
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Titan initially said its Titan Crypto portfolio would have a collection of five to 10 cryptocurrencies, including BTC, ETH, ADA and XLM. On Tuesday, the company said that along with the additions, it would be trimming the fund’s positions in BTC, ETH and ADA, and fully exiting its position in
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