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Libra Must Comply with Anti-Money Laundering Standards: US Treasury

September 10, 2019cashtechnews

United States Treasury official Sigal Mandelker said that Facebook’s Libra stablecoin must meet the highest Anti-Money Laundering and terrorism financing norms. Facebook’s Libra stablecoin must meet the highest Anti-Money Laundering (AML) and terrorism financing standards, according to United States Treasury Under Secretary of Terrorism and Financial Intelligence Sigal Mandelker. Major business news outlet Reuters reported […]

Telegram’s TON Crypto Token to Be Listed on Crypto Exchange Blackmoon

September 10, 2019cashtechnews

Cryptocurrency exchange Blackmoon plans to list Telegram’s forthcoming native Gram token via a partnership with Swiss crypto custodian Gram Vault. Caymans Island-registered cryptocurrency exchange Blackmoon plans to list encrypted messaging app Telegram’s forthcoming Gram token via a partnership with Swiss crypto custodian Gram Vault. According to a Finance Magnates report on Sept. 10, Blackmoon — […]

SWIFT: Crypto Useless, ‘Goes Down In Value Like A Yoyo’

September 10, 2019cashtechnews

Representatives at interbank payments network provider SWIFT have lambasted cryptocurrencies as being “useless and unstable.” Interbank payments network provider, the Society for Worldwide Interbank Financial Telecommunications (SWIFT), has dismissed cryptocurrencies as being “useless and unstable.” An FXStreet report published on Sept. 10 cites unnamed SWIFT representatives at a London briefing earlier this week, who reportedly […]

Report: Libra Stablecoin Tied to Major Currencies, Maybe Not Yuan

September 9, 2019cashtechnews

Facebook has reportedly announced the major national currencies with which it plans to set the value of its forthcoming Libra stablecoin. Social media giant Facebook, which is currently trying to get regulatory approval for its Libra stablecoin project, reportedly shared details regarding the project’s proposed backing reserves. According to a report by Bloomberg on Sept. […]

Former US Congressman Calls for Nuanced Cryptocurrency Regulations

September 9, 2019cashtechnews

Former congressman Harold J. Ford argued that the United States Congress should not paint the cryptocurrency sector with a broad brush. Former United States Representative Harold J. Ford has argued that Congress should have a nuanced approach to regulating cryptocurrencies. In an article published on CNBC on Sept. 5, Ford said that lawmakers and regulators […]

Crypto Exit Scams — How to Avoid Falling Victim

September 9, 2019cashtechnews

Experts share their insights on how to best avoid crypto exit scams, highlighting the biggest red flags investors should look out for. A couple of years back, the term “exit scam” became synonymous with the crypto industry. This was at a time when the market (at large) was replete with a number of cash grab […]

Investment Giant Schwab Steering Clear of Crypto ‘For Now’: Sources

September 9, 2019cashtechnews

United States-based investment giant Charles Schwab will be steering clear of cryptocurrencies even as rivals such as Fidelity rush to embrace the new sector. United States-based investment giant Charles Schwab is — for now — steering clear of cryptocurrencies, even as rivals such as Fidelity rush to embrace the new sector. Schwab — the U.S.’ […]

Apple Hint, XRP Dump, Mystery $1 Billion Transfer: Hodler’s Digest, Sept. 2–8

September 8, 2019cashtechnews

Ripple users are left infuriated after the company’s latest XRP dump, Craig Wright challenges 500,000 BTC payout, and Apple says it is watching crypto closely. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions […]

Payments Processor Stripe Launches Lending Service for Online Companies

September 8, 2019cashtechnews

Online payments processor Stripe launches Stripe Capital, a lending service for internet companies in the United States. Online payments processor Stripe announced the launch of its lending service Stripe Capital for the internet businesses in the United States. On Sept. 5, Stripe announced the launch in a blog post, noting that — once approved — […]

Jack Dorsey: Twitter Has No Interest in Creating Libra-Like Crypto

September 7, 2019cashtechnews

Twitter CEO and founder Jack Dorsey says that he has no plans to launch a platform-specific “Twitcoin” cryptocurrency, still bullish on Bitcoin. Twitter and Square CEO Jack Dorsey stated that there are no plans for a platform-specific “Twitcoin” cryptocurrency, noting that he will instead focus on promoting Bitcoin (BTC). Open standards are better According to […]

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Libra Must Comply with Anti-Money Laundering Standards: US Treasury

Investment Giant Schwab Steering Clear of Crypto ‘For Now’: Sources

Apple Hint, XRP Dump, Mystery $1 Billion Transfer: Hodler’s Digest, Sept. 2–8

Payments Processor Stripe Launches Lending Service for Online Companies

Jack Dorsey: Twitter Has No Interest in Creating Libra-Like Crypto

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