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Financial Inclusion, Cryptocurrency and the Developing World

25.6.2020
Regions of the world with fast-growing economic potential and young populations, such as India and Africa, will become leaders in crypto adoption

Today’s Shifting Gears Driving Tomorrow’s Mass Crypto Adoption

24.6.2020
Three major shifts will lead to crypto and blockchain adoption worldwide, and they have already started reshaping our world

Japanese Financial Watchdog Frowns on Gambling Dapps

23.6.2020
New research from Xangle suggests Japan’s Financial Services Agency is more likely to approve crypto projects not involved in casino Dapps

UK Financial Watchdog Warns Crypto Firms to Register Before End of June

22.6.2020
The Financial Conduct Authority wants six months to review and ask follow-up questions to crypto businesses applying to operate in the U.K

UK Financial Watchdog Reminds Crypto Businesses to Register Ahead of Deadline

22.6.2020
The U.K.’s Financial Conduct Authority is urging all crypto businesses operating in the country to submit their applications by June 30 to make it for the 2021 deadline

Cryptocurrency News From Japan: June 14 - June 20 in Review

20.6.2020
A new report on Japanese crypto regulation, an institutional crypto custody service, and more headlined news from Japan this past week

‘Satoshi Was a Black Woman’: Blockchain Entrepreneurs Talk Financial Inclusion on Juneteenth

20.6.2020
At a virtual event Friday called "Crypto & Race," blockchain entrepreneurs explored how racial inequality affects the cryptocurrency sector

Infosec Exec Urges US Lawmakers to Tighten Crypto Regs Over Pandemic-Driven Scams

18.6.2020
Cryptocurrencies should be regulated more stringently, a VMWare security executive told U.S. lawmakers, citing a rise in cybercrime during the pandemic

Japanese Financial Giant Nomura Launches Digital Asset Custody Service

18.6.2020
Japan looks to have a brand new crypto player – with big-hitting financial group Nomura launching digital token-related business activities. Per Japanese media outlet CoinPost, the Japanese company has teamed up with crypto firms Ledger and CoinShares to launch B2B “digital assets” custodial...

Bitcoin Broker River Financial Announces $5.7M Seed Round

18.6.2020
The San Francisco-based Bitcoin financial services firm announced it had raised $5.7M in a seed funding round led by Polychain Capital

US Fed Chair Says Private Entities Should Not Help Design Central Bank Digital Currencies

17.6.2020
Federal Reserve Chairman Jerome Powell said he believes central banks would have to design and implement CBDCs, not private entities

Polychain Capital, Square Crypto’s Steve Lee Invest in Bitcoin Broker’s $5.7M Seed Round

17.6.2020
Bitcoin broker River Financial has closed a $5.7 million seed round to secure additional U.S. money transmitter licenses

The Best Crypto Debit Card – BlockCard

15.6.2020
Crypto debit cards are a great way to get instant purchasing power from your Bitcoin, Bitcoin Cash, or other cryptocurrency. They act as the efficient bridge between the crypto world and existing financial systems because they are accepted almost everywhere traditional credit cards are accepted....

Market Update: Bitcoin World Reserve Theories, Market Cap Loses $16B, Analyst Predicts $7,500 ETH

15.6.2020
Digital currency markets are down on Sunday evening roughly 2.14% as global trade volume has slid by 31% this weekend. Coins like ethereum, bitcoin, litecoin, and bitcoin cash are all down between 1-2% in the last 24 hours. Crypto Assets Shed $16 Billion in Two Days At the time of publication,...

Driven by Financial Institutions, Stablecoin Acceptance Turns a Corner

14.6.2020
Crypto has turned from an inevitable future to our happening present, and stablecoins may become the industry’s cornerstone

Estonia Revokes 500 Crypto Firms’ Licenses After $220 Billion Money Laundering Scandal

13.6.2020
Estonia has canceled 500 cryptocurrency firms’ licenses, about 30% of the total, as part of a crackdown on illicit financial flows following a $220 billion money-laundering scandal involving Danske Bank. Regulators are concerned that bitcoin exchanges and other crypto companies might...

US Financial Services Committee Hearing Discussed the Creation of a ‘Digital Dollar’

12.6.2020
On June 11, 2020, the United States Congress Financial Services Committee held a remote hearing about the creation of a “digital dollar.” A number of well known individuals participated including the former Chairman of the U.S. Commodity Futures Trading Commission, Christopher...