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FinTech

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Digital ruble could be still vulnerable to fraud, Russian banks warn

Russia’s central bank digital currency, or CBDC, could contain a number of risks related to cybersecurity and fraud, according to several local financial institutions. The Association of Russian Banks, or …

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Crypto custody firm graduates Singapore Monetary Authority’s regulatory sandbox

Crypto-custody provider and securities firm, Propine, has graduated from the Monetary Authority of Singapore’s fintech regulatory sandbox program, emerging with a Capital Markets Services License, and the green-light to commence …

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Was 2020 a ‘DeFi year,’ and what is expected from the sector in 2021? Experts answer

Figuring out the point at which decentralized finance began almost always ends up in a rhetorical debate. Some argue that Bitcoin’s (BTC) invention a decade ago marked the start of …

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For whom the benefits toll: Enterprise blockchain is the evolution of economic architectures

In my two-decade career at Microsoft, leading .NET platform architecture, visual studio .NET development, application platform, enterprise strategy and Microsoft Digital, I have been part of building technologies for multiple …

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IMF leader on digital payments for skilled trades workers

The continuing transition to digital finance is likely to affect sectors across the board. Artisans, or skilled craftsmen and women, are no exception. According to Kristalina Georgieva, managing director for …

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Yield farming is a fad, but DeFi promises to change the way we interact with money

As the COVID-19 outbreak wreaks havoc on the United States’ economy and abroad, investors grapple with a second economic downturn in just over a decade. While the 2008 financial crisis …

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Big banks think new furniture is innovation, but they are wrong

When banks finally come to improve their technology experience, they go no deeper than changing the front end. They’ll make a button blue instead of green or create rounded edges …

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Singapore ready to launch wholesale CBDC, local exec says

Singapore is ready to launch it’s own central bank digital currency, or CBDC, said Sopnendu Mohanty, chief FinTech officer at Singapore’s central bank and financial regulator, Monetary Authority of Singapore. …

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Loan refinancer and BitLiscensee SoFi is clear to launch a national bank in the US

In an announcement on Wednesday, the Office of the Comptroller of the Currency (OCC) granted SoFi a conditional license to operate as a national bank in the United States. The …

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Visa’s foray into fintech provokes DoJ antitrust investigation

The U.S. Department of Justice, or DoJ, recently publicized an investigation into Visa’s ongoing acquisition of fintech company Plaid.   “Today, the Department of Justice filed a petition in the U.S. …

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Recent Posts

  • Social trading platform eToro ended 2020 with $600M in revenue
  • Update: “Coin Signals” trader also faces charges from the CFTC
  • Human Rights Foundation CSO urges Time readers not to ‘demonize’ Bitcoin
  • DeFi revival pushes Celo, Venus (XVS) and Fantom (FTM) price higher
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