cryptocurrency

Cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.

(source: en.wikipedia.org)

Neobanks, Small FIs Face Heavy Lift Building Compliant AML Systems From Scratch
Neobanks, Small FIs Face Heavy Lift Building Compliant AML Systems From Scratch
July 09, 2021  |  AML

As a partner in the Financial Services and White Collar Litigation practices at O’Melveny as well as a former deputy chief of the U.S. Department...

READ MORE >
Bitcoin Daily: Bank Of America Launches Crypto Division; Seoul Central Customs Investigates Illegal Crypto Transfers
Bitcoin Daily: Bank Of America Launches Crypto Division; Seoul Central Customs Investigates Illegal Crypto Transfers
July 08, 2021  |  Bitcoin

Bank of America has created a new division looking into cryptocurrencies, Bloomberg reported. Candace Browning, head of Global Research for Bank of America, said the...

READ MORE >
Digital Yuan Lottery Now Open To 10M Consumers In China
Digital Yuan Lottery Now Open To 10M Consumers In China
July 08, 2021  |  Cryptocurrency

China’s expanding digital yuan trial is now open to 10 million people, all of whom are hoping to be part of the historic launch of...

READ MORE >
Circle Announces SPAC Listing Plans; Deal Combines Crypto’s Hyper Growth With USD’s Stability
Circle Announces SPAC Listing Plans; Deal Combines Crypto’s Hyper Growth With USD’s Stability
July 08, 2021  |  Cryptocurrency

The latest entrant to the SPAC parade has all the buzz of crypto and blockchain, but is rooted in the dollar and in stablecoins. Circle,...

READ MORE >
Global FinTech Circle Going Public With SPAC At $4.5B Valuation
Global FinTech Circle Going Public With SPAC At $4.5B Valuation
July 08, 2021  |  IPO

Global FinTech Circle is planning to file for a public listing on the NYSE with special purpose acquisition company (SPAC) Concord Acquisition Corp at a valuation of...

READ MORE >
Visa Expands Ecosystem For Crypto-Linked Cards As Spending Tops $1B
Visa Expands Ecosystem For Crypto-Linked Cards As Spending Tops $1B
July 08, 2021  |  Cryptocurrency

Visa said it had struck partnerships with more than 50 cryptocurrency platforms and exchanges to allow end-users to spend digital currencies at 70 million merchants...

READ MORE >
Bitcoin Daily: PBOC Shuts Down Software Maker Over Crypto Trading; UFC Partners With Crypto.com
Bitcoin Daily: PBOC Shuts Down Software Maker Over Crypto Trading; UFC Partners With Crypto.com
July 07, 2021  |  Bitcoin

Chinese authorities from the People’s Bank of China (PBOC) have instructed a Beijing software maker, Quadao Cultural Development, it has to shut down due to...

READ MORE >
Today In Digital-First Banking: Blend Labs Could Raise $360 Million In IPO; Flexa, InComm Collab Lets Merchants Take Crypto
Today In Digital-First Banking: Blend Labs Could Raise $360 Million In IPO; Flexa, InComm Collab...
July 07, 2021  |  Digital-First Banking

In today’s top news in digital-first banking, Blend Labs Inc. intends to go public, while InComm Payments says it is working with Flexa to provide...

READ MORE >
Visa’s Crypto-Backed Cards Count $1 Billion In Spending
Visa’s Crypto-Backed Cards Count $1 Billion In Spending
July 07, 2021  |  Cryptocurrency

Visa said Wednesday that its cryptocurrency-backed credit card is growing in popularity. The company’s chief financial officer told CNBC today that users of the card...

READ MORE >