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Square Buys Up $50M In Bitcoin

PYMNTS

“As it grows in adoption, we intend to learn and participate in a disciplined way. Square said that cryptocurrency aligns with the company’s purpose in that it empowers people worldwide to participate in a global monetary system. Square also recently rolled out the nonprofit Cryptocurrency Open Patent Alliance (COPA).

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Long-Term Success or Short-Term Hype: Understanding the TON Ecosystem’s Growth

The Fintech Times

Looking to understand why it has become so popular, we hear from industry experts in addition to analysing a new report by Bitget , the cryptocurrency exchange and Web3 company. In April 2022, the TON blockchain made a significant announcement, allowing Telegram users to make payments with cryptocurrency directly within the messaging app.

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Here’s How 10 APAC Markets Are Approaching Crypto Regulation

Fintech News

TRM Labs’ Global Crypto Policy Review & Outlook 2023/24 delves into the advancements in regulation as well as the regulatory challenges faced by major APAC markets, shedding light on their unique strategies and key developments in navigating the complex world of cryptocurrency. This transition is currently in progress.

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8 Risks Open Banking Poses to Financial Crime Compliance

FICO

They provide added services to customers ranging from personal budgeting and spending alerts to personal funds transfers and cryptocurrency wallets. In other markets, like Japan, Open Banking is mandated and APIs are specified, but FIs are not mandated to participate. What is Open Banking? Increased exposure to crypto threats.

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For Banks, A Lesson On Blockchain From The Age Of Internet Startups

PYMNTS

What once may not have been taken seriously — cryptocurrencies and futuristic payments — is today exploding as the innovation financial institutions are targeting for investments, largely hoping to get a jump on the blockchain before disruption takes a bite out of their traditional business.

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The 4 Key Clues To Understanding The Future Of Facebook’s Libra

PYMNTS

The Facebook Libra whitepaper states that Association Members must agree to operate as validators on the network. For many regulated, compliant global players like Visa, Mastercard and PayPal, that could come as a big ask, particularly since it means saying yes to processing transactions that use the Libra cryptocurrency.

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What Is Blockchain Technology?

CB Insights

Cryptocurrencies. As of this writing in mid-November 2017, the total market capitalization of cryptocurrencies hovers around $220B (with a single bitcoin trading for upwards of $8,000). According to its whitepaper, Bitcoin was a “peer-to-peer electronic cash system.” Blockchain. Initial coin offerings.