This week’s selected cryptocurrency and blockchain news from the German-speaking world, courtesy of Cointelegraph auf Deutsch. The German-speaking world has experienced another week full of exciting developments in the crypto industry, with a Berlin-based fintech startup receiving $1.5 million to develop its own blockchain, German experts warning about Facebook’s crypto coin, and the Federation of […]
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Before humanity’s era of cryptocurrencies begins, let’s take a look at the challenges facing the technology that stands behind them all. The crypto industry is on its way from the epic early days, when it was a technological phenomenon exclusive to a limited group of techs, scientists and enthusiasts, to its final destination: a financial […]
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China Securities Index’s Fintech Theme Index has soared over 50% in 2019, outperforming the broader market in anticipation of central bank coin. China Securities Index Co. (CSI) Fintech Theme Index has risen over 50% in 2019, outperforming the broader market. Some stocks skyrocketing 200% According to a Reuters report on Sept. 26, stocks of China’s […]
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Ripple, the San Francisco-based startup behind the XRP token, has acquired payments platform Logos Network to develop decentralized financial products. Ripple, the San Francisco-based startup behind the third-largest asset on the crypto market, XRP, has acquired payments platform Logos Network to develop decentralized financial (DeFi) products. Per a Sept. 27 blog post, Ripple’s Xpring initiative, […]
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Facebook hires lobbyists as Zuckerberg dines with lawmakers to try to get Libra across the regulatory line. When Facebook published the Libra white paper in June 2019, shockwaves were felt across the crypto markets the world over. Triggering the end of a long bear market, Bitcoin soared past the iconic $10,000 mark, and many prominent […]
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One of the Big Four banks in the U.K., Lloyds Bank, has partnered with blockchain platform Komgo to speed up international commodity trade finance. Lloyds Bank is partnering with blockchain platform Komgo to streamline its commercial banking division. Blockchain to streamline international trade process On Sept. 25, United Kingdom financial news outlet FStech reported that […]
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Philipino lawmakers should not be in a hurry to pass financial technology regulation, according to local Senator Grace Poe. Philippine Senator Grace Poe said that local lawmakers should not be in a hurry to pass financial technology (fintech) regulation. Local news outlet Rappler reported on Sept. 23 that Poe made her remarks after a hearing […]
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Ex-CEO of UBS and board member of one of Switzerland’s first licensed crypto banks, says the traditional banking industry is starting to take note. Peter Wuffli — the former CEO of major Swiss multinational investment bank UBS — says the advent of new, regulated actors in crypto is drawing the attention of big-name banks. Wuffli […]
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Cryptocurrency adoption has gained traction since the invention of Bitcoin 10 years ago. Here’s a look at where you can spend crypto today. Earlier on, when Bitcoin (BTC) arrived on the scene, most cryptocurrency enthusiasts held on to their coins, as there were only so many places they could be spent. Nowadays, the list of […]
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Online payments processor Stripe has raised another $250 million in funding round that saw its valuation rise to a whopping $35 billion. Online payments processor Stripe announced that it has raised another $250 million in a new funding round, which pushes its pre-money valuation to a whopping $35 billion. $250 million to expand its global […]
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