…his firm’s service is more “localized” than Stripe’s and not targeted at enterprise clients, unlike Adyen and Checkout.com. Onboarding smaller merchants requires “complex” compliance checks which some competitors don’t want…
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What we know about China’s cryptocurrency crackdown
…or Kazakhstan. Others are selling their mining equipment off to foreign buyers, as seen below. https://twitter.com/onlyyoontv/status/1406911193126785026?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1406911193126785026%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.theverge.com%2F2021%2F6%2F23%2F22544367%2Fchina-crypto-crackdown-bitcoin-mining-sichuan-ban-hydro-cryptocurrency-trading Since the government’s proclamations in May, graphics card prices in the country have fallen…
SEC accuses XRP Army of issuing ‘false statements’ against its leadership on social media
…members to lizard people: https://twitter.com/jungleincxrp/status/1408219751470354432?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1408219751470354432%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fcointelegraph.com%2Fnews%2Fsec-accuses-xrp-army-of-issuing-false-statements-against-its-leadership-on-social-media XRP Army members have also started an online campaign to get exchanges to relist the token amid the SEC lawsuit. In April, the price of…
Federal Reserve official: Stablecoin growth is ‘exponential,’ deserves ‘attention’
…a more tempered view. https://twitter.com/CaitlinLong_/status/1408572627443126274?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1408572630895058951%7Ctwgr%5E%7Ctwcon%5Es2_&ref_url=https%3A%2F%2Fcointelegraph.com%2Fnews%2Ffederal-reserve-official-stablecoin-growth-is-exponential-deserves-attention Rosengren noted that the rise of stablecoins aren’t a threat to credit markets on their own, but instead need to be evaluated in terms of…
UK financial watchdog orders Binance to halt ‘regulated activity’ in the country
…Financial Ombudsman Service or the Financial Services Compensation Scheme if things go wrong.” While the FCA doesn’t regulate cryptocurrencies like Bitcoin (BTC) or Ether (ETH), its mandate governs derivatives trading,…
Binance suspends popular fiat ramp for U.K. customers amid regulatory crackdown
…Binance.com website,” adding: “The FCA UK notice has no direct impact on the services provided on Binance.com.” Binance launched its U.K. trading platform for institutional and retail investors under the…
Bargain? World Wide Web’s source code NFT sells for $5.4M at Sotheby’s
…Delphi Digital’s Piers Kicks said he’d been expecting a sale around $10M, noting: https://twitter.com/pierskicks/status/1410178310378774531?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1410303370221559814%7Ctwgr%5E%7Ctwcon%5Es2_&ref_url=https%3A%2F%2Fcointelegraph.com%2Fnews%2Fbargain-world-wide-web-s-source-code-sells-for-5-4m-at-sotheby-s According to Berners-Lee, he and his wife will donate the proceeds of the auction to causes…
Booking Holdings’ New Fintech Unit Aims to Help Travelers Beat Banks at Their Own Game
…about operating in China, where the government has cracked down on tech companies in travel and beyond, Marovitz said: The company is “very aware of the complexities of China and…
How blockchain can power sustainable development
…advance national development priorities and achieve the Sustainable Development Goals (SDGs)? Figure 1: Bitcoin prices changes, May 2016 – March 2021 Source: Authors based on data from Investing.com. Beyond bitcoin…
Travel and Fintech Are Colliding in New, Exciting Ways
…or hotels executive will tell you, selling hotels is a complicated business. Revolut is obviously aware that companies such as Booking, Expedia and Tripadvisor have a 20-25 year head start…