sponsored A company offers digital currencies based 1:1 on allocated physical gold and silver. The ownership of the gold is digitized with blockchain technology. Gold-based monetary system Kinesis aims to bring price stability to the world of cryptocurrency and to prevent the decrease of its value. The company says it has already attracted interest from […]
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Experts conclude in a joint report that Colombia’s draft bill on crypto regulation has “inconsistencies and weaknesses.” A draft bill on crypto regulation presented to Colombia’s Congress has been heavily criticized by the local tech sector, Colombian financial journal Dinero reports Tuesday, September 24. The draft was introduced in late July by senator Carlos Abraham […]
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Ripple is launching a formal social impact program that will invest a total of $105 million in projects focused on education and financial inclusion. Ripple is launching a formal social impact program, dubbed “Ripple for Good,” according to a press release published September 27. The initiative will pool $25 million from the firm together with […]
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AMC Theatres announced on Wednesday (Sept. 26) that its AMC Stubs A-List, which launched three months ago, has seen membership sign-ups from August and September outpace the company’s expectations, with more than 380,000 moviegoers now part of the subscription service. In a press release, the company said the member count has increased by 120,000 during the […]
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Japanese regulators have approved SBI Ripple Asia’s license to operate as an electronic payment service, the company has confirmed. Financial services company SBI Holdings announced it had secured a license from Japanese regulators for its joint money transfer operation with Ripple in a statement Wednesday, September 26. SBI Ripple Asia, a venture under development with […]
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China’s crypto mining giant Bitmain has filed a draft application for listing shares on the Hong Kong Stock Exchange. Chinese crypto mining giant Bitmain has filed a draft application for listing the company’s shares on the Hong Kong Stock Exchange (HKEX), according to an official application document published Wednesday, September 26. Bitmain has provided a […]
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The U.S. SEC is now seeking sanctions against the individuals behind the allegedly fraudulent PlexCoin ICO. The U.S. Securities and Exchange Commission (SEC) is seeking sanctions against the individuals behind the allegedly fraudulent Initial Coin Offering (ICO) known as PlexCoin, Finance Feeds reports September 26. The SEC has been involved in ongoing court proceedings against […]
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Circle is introducing a stablecoin dubbed the “USD Coin,” with a consortium called Centre serving as the platform. Circle Internet Financial Ltd. is launching a USD-backed digital token dubbed the “USD Coin,” Bloomberg reports Wednesday, September 26. A consortium called Centre — which includes Bitmain Technologies Ltd. among its members — will act as a […]
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sponsored According to the World Bank, there are 1.7 billion people globally who still don’t have a bank account. Nebeus, the London-based crypto platform, has launched a 1.1 million pound ($1.45 million) crowdfunding campaign as they set out their ambitious goal of bringing financial services to people around the world. According to the World Bank, […]
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Visa is expanding the testing of its B2B payments technology, B2B Connect, into Thailand, according to reports. The Nation reported that B2B Connect is now being piloted by Thailand’s largest bank Kasikornbank. “Visa is proud that we have representation from a Thai financial institution in the pilot program,” said Visa Thailand Country Manager Suripong Tantiyanon in […]
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