The working group sends a strong signal that cryptocurrencies are becoming a permanent fixture in the global financial system. The World Economic Forum’s cryptocurrency working group published its inaugural review on Thursday — its first step in communicating the application of digital assets in finance and beyond. In a 38-page report, the Forum’s Global Future […]
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Robert Farkas will face the lightest felony sentence possible for his role in Centra Tech’s 2017 ICO. A Manhattan court has sentenced the operator of the fraudulent crypto investment firm Centra Tech to a year and a day in prison. Per a December 15 announcement from the Department of Justice, Robert Farkas successfully solicited $25 […]
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Ether payments are now available on the Binance Visa card which is now shipping to customers in the EEA region. Binance, the world’s largest cryptocurrency exchange, has started shipping its physical Binance Visa cards in the European Economic Area. According to a Dec. 14 announcement, users in the EEA region will soon receive their physical […]
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This is the first milestone of a longer-term strategic partnership between Binance and Chiliz. Cryptocurrency exchange Binance has announced a strategic partnership with sports and entertainment fan-token issuer Chiliz. In a Dec. 14 post, the exchange announced that, as the first milestone of this partnership, Chiliz fan-tokens for Paris Saint Germain (PSG) and Juventus (JUV) […]
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A stagnant price period seems at an end as Pornhub is forced to go full crypto for payments. Verge (XVG), the cryptocurrency now infamous for its links to the porn industry, is on the up again — thanks to a classic fiat money scandal. As adult entertainment giant Pornhub confirmed this week, payment providers Visa […]
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Depositors using Fidelity Digital Assets custody will be able to access liquidity via BlockFi. Fidelity Digital Assets, the crypto arm of the asset management conglomerate, will allow institutional customers to pledge their Bitcoin (BTC) as collateral for cash loans. As reported Wednesday on Bloomberg, the firm partnered with crypto lender BlockFi to disburse the loans. […]
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The DocuSign CEO estimates the cost of providing the firm’s e-signature and digital identity services are 13X higher using blockchain technology. Daniel Springer, the chief executive officers at electronic signature technology company DocuSign, says the firm isn’t likely to incorporate additional blockchain technology anytime soon as current infrastructure is far cheaper. In a Quartz report […]
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The digital collectibles market welcomes a new player, as the BBC and Reality Gaming Group launch a collection of Doctor Who trading cards. Cointelegraph has been espousing the potential of nonfungible tokens for years. As you might expect from the leading independent digital media resource on all things blockchain and crypto. But when a world-renowned […]
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This could significantly lower the barrier to entry for stablecoin use. Visa has teamed up with blockchain services company Circle to make USD Coin (USDC) stablecoin transactions compatible with certain credit cards. “After Circle itself graduates from Visa’s Fast Track program, likely sometime next year, Visa will issue a credit card that lets businesses send […]
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The mandatory license will allow Crypto.com to issue crypto debit cards in Australia. Crypto exchange and debit card provider Crypto.com has completed the acquisition of an Australian financial services company in order to secure an Australian Financial Service License, or ASFL. The acquired firm, named The Card Group Pty Ltd, has been described as specializing in […]
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