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AMEX CEO Says Crypto Is Unlikely a Threat to Traditional Credit Cards

Traditional credit card payments will hold firm amid the growth of cryptocurrencies, American Express CEO Stephen Squeri predicted on the company’s third-quarter earnings call Friday. Unlike crypto, traditional credit cards offer clients rewards, service, ability for disputing charges, along with the ability to extend credit, Squeri said.Squeri said he sees

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Phemex Is a Rebellion Against Traditional Finance, and It’s Winning – Sponsored Bitcoin News

sponsored Wall Street is often touted as the place where dreams come to life, but the world’s economic epicenter can also be an absolute nightmare. From brokers screaming at each other across trading floors to the modern electronic trading systems of today, money talks in Wall Street. However, while the

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Visa Plans to Bring Cryptocurrency Services to Traditional Banks in Brazil – Bitcoin News

Visa, the multinational payments giant, has announced it is planning to bring cryptocurrency services to traditional banking platforms in Brazil. The company also announced that it is working with several cryptocurrency companies in the country to bring cryptocurrency payment cards to the market and hinted at a possible direct integration

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Cryptocurrency Likely to Be More Environmentally Friendly Than Traditional Banks – Press release Bitcoin News

press release PRESS RELEASE. Leading Crypto service comparison site – Cryptowisser deep dives into the environmental future of cryptocurrency. Despite major scrutiny from traditional media and press, cryptocurrency possibly remains more environmentally friendly than traditional banks, just no one is reporting it. Crypto community anticipates a green future. With the

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Newly Launched Wallstreetbets Defi App Aims to ‘Take Over Traditional Financial Markets’ – Defi Bitcoin News

At the beginning of 2021, a trend ignited by the creators of the Reddit forum r/wallstreetbets caused the whole world to focus on retail traders in the stock market purchasing so-called dead stocks like AMC, GME, and others. The hype behind the Wallstreetbets group has fizzled in the last few

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Traditional financial institutions ready for DeFi

Cryptocurrencies have been vying for the attention of large institutional investors for years and they’re finally getting the attention they wanted. Blockchain networks and their consensus mechanisms never made sense to the traditional investor, but decentralized finance, or DeFi? That’s something everyone’s looking to get behind.Traditional investors are more used

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Harmony Organizes $1M Hackathon To Bridge DeFi and Traditional Finance

According to the information available, Harmony Hackathon will last for six weeks. The Hackathon will commence on August 15, 2021, and ends on September 30, 2021. Related Reading | Ether EFT Gets Approval From Brazilian Securities Regulator There will be three categories, and each one will have four challenges for the experts to

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