Fintech News

FEBRUARY 15, 2024

In 2023, the value received by illicit cryptocurrency addresses amounted to US$24.2 Most of this total came from cryptocurrency services that are sanctioned by the US Department of the Treasury’s Office of Foreign Assets Control, or are located in sanctioned jurisdictions. and 54.3%, respectively.

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Ransomware Crime Transactions Romance Scams 118

PYMNTS

NOVEMBER 10, 2020

Treasury Department is researching use cases for a central bank digital currency (CBDC), as well as drafting regulatory proposals for private stablecoins, U.K. On another note, Colorado-based cryptocurrency exchange ShapeShift has delisted privacy coin Zcash (ZEC), after delisting monero (XMR) and dash (DASH) on Friday (Nov.

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CBDC Use Case Privacy Cryptocurrency 67

Finovate

OCTOBER 11, 2024

. “The legacy payment industry is ripe to be disrupted using blockchain technology and stablecoins to provide more efficient and cheaper cross-border payment networks,” RD Technologies CEO Rita Liu said. Finovate participated in the city’s Fintech Week back in 2018 as part of FinovateAsia.

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Multi-Currency Stablecoins Visa Cross-Border Payments 104

CB Insights

SEPTEMBER 7, 2021

For example, online exchanges are making cryptocurrency trading and investing more accessible to consumers. Each of these companies raised funding since 2018 and has at least $40M in total funding. Exchanges: These companies provide platforms for buying, selling, and trading cryptocurrencies. Category Breakdown.

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Blockchain NFTs Distributed Ledger Technology (DLT) Multi-Currency 101

PYMNTS

JANUARY 5, 2020

Burger King is letting people pay their way in Venezuela with a new bitcoin partnership that enables cryptocurrency purchases, CoinTelegraph reported on Saturday (Jan. The startup Cryptobuyer oversees a line of Bitcoin ATMs that convert cryptocurrency funds to pay out in fiat currency. . Petro launched in November 2018.

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Bitcoin Cryptocurrency Stablecoins ATM 69

The Fintech Times

MAY 4, 2024

Bitcoin was in its relative nascency when Stripe originally looked to get involved in cryptocurrency. Cryptocurrency, specifically Bitcoin, was being treated as an ‘asset’ rather than a currency to make payments with. As a result, in early 2018, Stripe announced it was no longer going to support crypto payments.

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Stablecoins Cryptocurrency Bitcoin Regulations 72

PYMNTS

JANUARY 6, 2019

In other news, Vaishali Mehta, who worked as a senior compliance manager at Coinbase, has left the company to become the head of compliance for TrustToken , which produces the TrueUSD stablecoin. And it is far from the only financial institution to find itself in trouble in 2018. The Reserve Bank of India (RBI) handed out a 30.10

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Stablecoins Blockchain Finance AML 64

PYMNTS

MAY 22, 2020

The OMFIF seeks to create connections between the traditional banking and cryptocurrency spaces. The group, which has been releasing detailed central bank digital currencies (CBDC) and cryptocurrency reports as of 2018, is geared toward CBDCs and retail and wholesale payments. .

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Digital Currency Cross-Border Settlement Bitcoin Central Bank 64

PYMNTS

APRIL 26, 2019

Cryptocurrencies have had a rough week of it, evidenced by a double-digit percentage drop in bitcoin, arguably the marquee name in the space. The slide comes as the New York state attorney general has accused Bitfinex , a cryptocurrency exchange, of covering up missing funds — $850 million worth — through illegal transactions.

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Stablecoins Bitcoin Wire Transfer Cryptocurrency 53

PYMNTS

JULY 9, 2019

India, Asia’s third-largest economy, remains skeptical about Facebook’s proposed cryptocurrency Libra and has said that it won’t just allow the coin into the country, according to a report by Bloomberg. But whatever it is, it would be a private cryptocurrency, and that’s not something we have been comfortable with.”.

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Cryptocurrency Laws Central Bank Money Laundering 54

Fintech Review

FEBRUARY 14, 2025

Bybit , the worlds second-largest cryptocurrency exchange by trading volume, has partnered with Avalon Labs to mark the exclusive launch of Avalon Token (AVL) on Bybit Spot. Avalon Labs is the worlds largest issuer of Bitcoin-backed stablecoins. Avalon Token (AVL) functions as the governance token of Avalon Labs.

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Stablecoins Bitcoin Cryptocurrency Issuers 52

PYMNTS

DECEMBER 2, 2020

It’s another step toward mainstream adoption for cryptocurrency. “We This year’s Bitcoin Tuesday will see “1,000 percent growth in nonprofits accepting cryptocurrency donations,” The Giving Block said, per Cointelegraph. The Centre Consortium was co-founded in 2018 by Circle and Coinbase and governs the USDC.

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Bitcoin Blocks Blockchain Push-to-Card 60

PYMNTS

MAY 22, 2020

The OMFIF seeks to create connections between the traditional banking and cryptocurrency spaces. The group, which has been releasing detailed central bank digital currencies (CBDC) and cryptocurrency reports as of 2018, is geared toward CBDCs and retail and wholesale payments. .

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Digital Currency Cross-Border Settlement Bitcoin Central Bank 56

PYMNTS

OCTOBER 20, 2019

David Marcus, CEO of Facebook’s wallet service Calibra , said that Libra could use national currency-pegged stablecoins like a dollar stablecoin, rather than the synthetic one it initially proposed, Reuters reported on Sunday (Oct. Marcus said he was not suggesting currency-pegged stablecoins were the group’s new preferred option.

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Stablecoins Money Laundering Cryptocurrency Addressing 40

PYMNTS

OCTOBER 22, 2020

And the Solana blockchain has become an official chain for USDC, which continues the growth of USDC as an open standard and protocol for fiat cryptocurrency on blockchains, according to an announcement from Centre. USDC for Solana is currently available on the Solana Mainnet.

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Blockchain TPS Bitcoin Stablecoins 67

PYMNTS

JULY 11, 2019

In some cases, blockchain is being deployed, sometimes with cryptocurrencies as part of the equation. Cryptocurrencies have proven to be nothing if not volatile — and bitcoin, of course, has over the past few years been worth as much as nearly $20,000, as little as around $3,000 and now, at this writing, sits north of $11,000.

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Correspondent Bank Correspondent Blockchain Bitcoin 67

PYMNTS

OCTOBER 1, 2018

31, 2018, will mark the 10th anniversary of the day that a link to a paper , authored by Satoshi Nakamoto , describing the digital currency called bitcoin was first publicly circulated. Bitcoin’s unsavory nature gave rise to alternative distributed ledger schemes, powered by new cryptocurrencies such as Ethereum , XRP or Lumens.

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Bitcoin Blockchain Cryptocurrency Innovation 85

PYMNTS

JUNE 18, 2019

The announcement of Libra, Facebook’s new cryptocurrency, has run into immediate political opposition in Europe, according to a report by Bloomberg. Le Maire’s main worries about the cryptocurrency are its implications for crime, including money laundering and the financing of terrorism. It can’t and it must not happen.”.

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Bitcoin Money Laundering Cryptocurrency Ubiquitous 43

PYMNTS

MAY 27, 2020

The synthetic offering would be created as a stablecoin for public use, which in turn is backed by central bank reserves. Bitcoin and other cryptocurrencies are touted by at least some observers as replacements of traditional currencies, due to their decentralized nature.

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Central Bank Digital Currency CBDC Settlement 57

PYMNTS

JUNE 23, 2019

The cryptocurrency hit the milestone late Friday (June 21) and by the next morning, it had climbed above $11,000. In fact, bitcoin has more than tripled in value from its low at the end of 2018, giving investors hope that the worst is over for the world’s most popular crypto.

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Bitcoin Stablecoins Cryptocurrency Digital Currency 43

CB Insights

JUNE 12, 2018

Startups working with blockchain and cryptocurrencies have the potential to create "trustless" networks and fundamentally change the way markets transact. In other cases, accredited investors buy tokens via cryptocurrency purchase agreements. In April 2018, 129 ICOs closed for about $600M, down from 215 and $1.2B

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Accreditation Blockchain Cryptocurrency Agreements 53

Fintech News

JANUARY 28, 2024

Since 2018, Antler has helped create and invested in more than 1,000+ startups across a wide range of industries and technologies, with the goal of backing more than 6,000 by 2030. Antler operates in 27 cities across 6 continents, including Austin, New York, London, Berlin, Stockholm, Bangalore, Jakarta, Singapore, Seoul, Tokyo, and Sydney.

FinTech 116

FinTech Cross-Border Payment APIs and Integration Cross-Border Payments 116

PYMNTS

DECEMBER 2, 2019

Facebook’s planned cryptocurrency Libra may see increased regulatory oversight, at least if new legislation introduced in the U.S. Managed stablecoins, such as the proposed Libra, are clearly securities under existing law,” Garcia said in a statement last week. Congress comes to pass. As reported by The Hill , Reps.

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Federal Trade Commission Privacy Stablecoins Returns 43

PYMNTS

OCTOBER 11, 2019

Juno’s flagship product will allow users to hold the dollar-pegged stablecoin and earn a 5.5 What Juno will be able to add is a very simple user experience which is required for retail adoption,” Varun Deshpande, who launched Nuo with Ratnesh Ray and Siddharth Verma in 2018, told CoinDesk. “If percent annual interest rate.

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Bitcoin Correspondent Stablecoins Central Bank 46

Fintech News

JUNE 10, 2024

Yeshu Agarwal, 29, Co-Founder and CTO, Transak, India Yeshu Agarwal is the co-founder and CTO of Transak, a web3 payment gateway that simplifies the buying and selling of cryptocurrencies and non-fungible tokens (NFTs). He joined the firm back in 2018 as an analyst, where he honed his expertise for two years.

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FinTech Non-Bank Finance AI 129

PYMNTS

NOVEMBER 7, 2019

In 2018, the crypto world was seen to be of marginal importance to the global financial system. Hong Kong’s chief securities regulator is calling on the world regulators to get on the same page when it comes to Facebook’s Libra to avoid the “real risk of regulatory arbitrage.”. “If

Blockchain 40

Blockchain Regulations Bitcoin Stablecoins 40

PYMNTS

AUGUST 2, 2019

And Walmart very quietly made a rather unexpected step into a very new arena — cryptocurrency. But in the era of Alexa, Dash button popularity has started to wane — particularly since Amazon first introduced in-skill purchasing in 2018. Big Play of the Week: Amazon As Personal Stylist On Retainer .

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Cryptocurrency Online and Mobile Banking Push-to-Card Credit Cards 46

CB Insights

JUNE 7, 2021

Meanwhile, developers at crypto exchanges like Coinbase and Shakepay use Marqeta’s APIs to allow customers to convert cryptocurrencies into government-backed fiat currency at the point of sale. . Visa is allowing the use of USD-backed stablecoins to settle transactions on its payment network through a partnership with Crypto.com.

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Issuers Card Issuer Payment APIs and Integration Innovation 73

PYMNTS

JANUARY 20, 2020

shores, add Australia to the list of countries that will not embrace Libra, the cryptocurrency being developed by a consortium of entities including Facebook. Moving beyond U.S.

Online and Mobile Banking 52

Online and Mobile Banking Cross-Border Payments Non-Bank Cross-Border 52

Fintech Labs Insights

AUGUST 26, 2020

Stripe (YC 2009) is the most valuable private fintech company outside of China ( see full fintech unicorn list ), valued at $36B in its April 2020 round Coinbase (YC 2012) is the 9th most valuable fintech (outside of China), valued at $8B in its last round (Oct 2018), but most likely above $10B now. Year Fintech. Traction: $1.5

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Payment APIs and Integration FinTech API Credit Cards 12

CB Insights

MAY 8, 2018

While the prices of cryptocurrencies and cryptoassets have fallen from their 2017 peaks, equity investment into blockchain startups is on pace to hit all-time highs in 2018. In still other cases, accredited investors buy tokens via cryptocurrency purchase agreements. The encrypted messaging service raised $1.7B End of story.”

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Blockchain Technology Cryptocurrency Use Case 75

Clearly Payments

JANUARY 8, 2025

In the world of payments, two forces are shaping how we exchange money: credit cards and cryptocurrencies. Cryptocurrencies, on the other hand, burst onto the scene in 2009 with the launch of Bitcoin and have seen explosive growth ever since. Both methods have evolved since their inception.

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Credit Cards Cryptocurrency Cross-Border Volume 105