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Coinbase CEO Brian Armstrong Advocates For Clearer Crypto Regulations In Washington D.C.
Monday, February 13, 2023 - 2:10pm | 428Read More...Building on his efforts to improve the regulatory environment for cryptocurrencies, as well as for his defense of his company's staking services, Coinbase Global Inc (NASDAQ: COIN) CEO Brian Armstrong said on Monday he was visiting Washington, D.C., advocating for...
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Crypto Trader Explains How BUSD Can Be Redeemed For USD If Binance Collapses
Thursday, November 24, 2022 - 9:56am | 374Read More...A crypto trader on Reddit explains how investors can redeem Binance’s stablecoin BUSD (CRYPTO: BUSD) in the unlikely event of the exchange collapsing. What Happened: Pseudonymous trader ‘Chymista Scepticus’ asked if “you have BUSD either on CEX (centralized exchanges) or...
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Paxos' Strategy Head Talks Tokenizing US Equities And Re-Platforming Trillions In Assets
Monday, July 18, 2022 - 5:10pm | 1443Read More...Benzinga, a media and data provider bridging the gap between retail and institutional investors, is bringing back its annual Global Fintech Awards event to New York City on Dec. 8, 2022. Ahead of this recognition of disruptive innovators in finance and technology, Benzinga will periodically publish...
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State Street Exec Talks Cutting Friction, Opportunity Costs With DLT For T+0 And Custody
Wednesday, June 1, 2022 - 11:03am | 1272Read More...The regulated blockchain infrastructure platform Paxos and State Street Corporation (NYSE: STT) launched a partnership on services integrations in May. As part of a pilot, State Street simulated the settlement and custody of shares on Paxos’ platform and asset movements with Credit...
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Nubank Taps Paxos To Cater To Latin America's Growing Thirst For Crypto Trading
Friday, May 13, 2022 - 8:15am | 250Read More...In partnership with regulated blockchain infrastructure provider Paxos, Nu Holdings’ (NYSE: NU) Nubank announced its entry into crypto trading with a simple and safe in-app experience. The development comes as the digital bank looks to cater to the demand for cryptocurrency in Latin America....
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Facebook Pilots Novi Crypto Wallet With Coinbase, But Senators Urge Zuckerberg To 'Immediately Discontinue'
Wednesday, October 20, 2021 - 10:23am | 529Read More...Social media giant Facebook, Inc. (NASDAQ: FB) has launched a pilot of its Novi crypto wallet in the U.S. and Guatemala but is already facing strong opposition from five Democratic U.S. senators. What Happened: David Marcus, head of Facebook Financial, announced the Novi pilot program on...
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Fintech Focus For August 2, 2021
Sunday, August 1, 2021 - 7:49pm | 1817Read More...Quote To Start The Day: "The first casualty when war comes is truth.” Source: Hiram Johnson One Big Thing In Fintech: Square will buy Australia’s Afterpay for about $29 billion in an all-stock deal as the U.S. fintech firm looks to leverage the burgeoning popularity of buy now,...
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Fintech Focus For July 22, 2021
Wednesday, July 21, 2021 - 5:36pm | 2089Read More...Quote To Start The Day: “Know thy self, know thy enemy. A thousand battles, a thousand victories.” Source: Sun Tzu One Big Thing In Fintech: Adena Friedman, president and chief executive of Nasdaq, says the firm sees a huge opportunity from spinning out Nasdaq Private Market into a...
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Fintech Focus For June 18, 2021
Thursday, June 17, 2021 - 7:26pm | 2110Read More...Quote To Start The Day: "A man is but what he knows.” Source: Sir Francis Bacon One Big Thing In Fintech: At the end of May, the total market capitalization of stablecoins, which include ones offered by crypto firms Tether and Centre, broke $100 billion. But in recent weeks, lawmakers...
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Fintech Focus For May 20, 2021
Wednesday, May 19, 2021 - 7:53pm | 1682Read More...Quote To Start The Day: “Too often we enjoy the comfort of opinion without the discomfort of thought.” Source: John F. Kennedy One Big Thing In Fintech: TradeZero America, a commission-free trading platform, formally announced the launch of cryptocurrency trading. In celebration of...
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Fintech Focus For May 3, 2021
Sunday, May 2, 2021 - 7:25pm | 1759Read More...Quote To Start The Day: “In three words I can sum up everything I've learned about life: it goes on.” Source: Robert Frost One Big Thing In Fintech: Robinhood, the free-trading app that helped drive a surge in retail investing during the pandemic, has switched to using JPMorgan...
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Fintech Focus For April 30, 2021
Thursday, April 29, 2021 - 6:45pm | 2175Read More...Quote To Start The Day: “My fantasy is to break up the big banks. I wish we would end 'too big to fail' in our banking system.” Source: Kenneth C. Griffin One Big Thing In Fintech: Per a CB Insights compilation of Q1 2021 fintech venture capital data from around the world, the...
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PayPal To Buy Cryptocurrency Custodian Curv: Report
Tuesday, March 2, 2021 - 11:00pm | 346Read More...PayPal Holdings Inc (NASDAQ: PYPL) is purchasing Curv, a technology firm, engaged in the secure storage of Bitcoin (CRYPTO: BTC) and other cryptocurrencies, CoinDesk reported Tuesday. What Happened: Curv’s price tag was reportedly pegged at between $200 million and $300 million by local...
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Fintech Focus For December 21, 2020
Sunday, December 20, 2020 - 11:32pm | 1674Read More...Quote To Start The Day: When you feel like giving up, remember why you held on for so long in the first place. Source: Paulo Coelho One Big Thing In Fintech: Seed and angel deals are projected to fall to 37% of total deal activity in 2020, down from 42% in 2019. We expect Series B rounds to finish...
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As Bitcoin Reaches Moon, PayPal Cryptocurrency Partner Paxos Bags $142M In Fresh Funding
Friday, December 18, 2020 - 12:34am | 446Read More...Paxos — the cryptocurrency partner of Paypal Holdings Inc (NASDAQ: PYPL) — has raised millions of dollars in a private funding round in the backdrop of Bitcoin shooting to never-seen-before highs. What Happened: New York-based Paxos said in a statement Thursday that it had closed a $142...
