Cryptocurrency Analysis and News Portal
The U.K.'s financial watchdog has asked a China-based cryptocurrency investment firm to remove adverts for its service from the London Underground.According to a report from This is Money late last week, the Financial Conduct Authority (FCA) responded to criticism that it had been slow to act after the financial news
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Mastercard CEO Ajay Banga says his company left The Libra Association after his attitude towards the project deteriorated over proposals to link the coin with its own built-in wallet, Calibra, as well as the lack of a clear business model. In an interview with the Financial Times, the payment services chief,
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Major European financial regulator, Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF), has spotted another unregistered crypto company.The firm, Crypto Bull, operating under the url crypto-bull.io, claims to be based in Luxembourg while it does not have permission to provide crypto services in the country, the CSSF announced on
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Japan's crypto-friendly financial services company SBI Holdings is to give shareholders the option to receive the XRP cryptocurrency as a benefit.SBI announced on Friday that shareholders could either take the benefit in XRP or another product offered by its health food and cosmetics subsidiary SBI Alapromo.Under the scheme, newer shareholders
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Digital advertising company Bidooh has taken two of its former co-founders to court on accusations they stole company software. Bidooh COO Vicki Simms said in the group's official Telegram chat on Jan. 20 that the platform had been "seriously tampered with" and that the company had taken legal proceedings against
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BCB Group, a European crypto-focused payment processor for the likes of major global crypto firms like Coinbase, has secured a license from British regulators.The United Kingdom’s Financial Conduct Authority (FCA) has officially approved the firm’s core subsidiary, BCB Payments, as an authorized payment institution (API), BCB Group announced on
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Asiff Hirji, the former president and chief operating officer of Coinbase, is the new president of Figure Technologies, the blockchain-based lending firm backed by Morgan Creek Digital.Figure announced Hirji's addition Wednesday, saying the longtime financial executive will oversee the company's growth. Figure CEO Mike Cagney said in a statement that
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Leading Japanese consulting firm Nomura Research Institute (NRI) partnered with cryptocurrency investment solution provider Intelligence Unit (IU) to launch a tradable cryptocurrency index.According to a press release published on Jan. 29, the new index’s name is NRI/IO Crypto-Asset Index and it is meant for use by financial institutions. The
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Payments behemoth Visa acquired financial technology firm Plaid for $5.3 billion, according to a press release published on Jan. 13.Per the release, Plaid has developed a network that allows users to easily connect their financial accounts to the apps they use to manage their financial lives.The firm’s products reportedly
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Cryptocurrency analytics firm CipherTrace has launched “Defenders League,'' a program designed to provide students with the training and tools necessary to investigate crypto-related scams. On Jan. 13 CipherTrace announced partnerships with the Middlebury Institute of International Studies at Monterey, Middlesex University London, and the Blockchain Acceleration Foundation (BAF). The Defenders
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