Crypto exchanges look into equities trading
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Brett Harrison, President of FTX US, said new trading features could be rolled out within two months; Bitstamp did not provide a tentative timeline.
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Fintech News Stories
Visa, ConsenSys eye central bank digital currencies
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Visa has partnered with blockchain technology company ConsenSys to let central bank digital currencies (CBDCs) expand through existing financial networks.
Read MoreDorsey to establish legal defense fund for Bitcoin developers
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Jack Dorsey, CEO of Block (a.k.a. Square) and former head of Twitter, will sit on the Bitcoin Legal Defense Fund’s board. The group is set to cover defendants’ legal fees in the “Tulip Trading” lawsuit.
Read MoreTransUnion may bring credit checks to crypto lending
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Through Spring Labs’ ky0x Digital Passport, U.S. credit reporting firm TransUnion will let customers share their credit history with companies operating on the blockchain.
Read MoreWith varying results, U.S. politicians offer NFTs to campaign donors
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Democrat Shrina Kurani of California and Republican Blake Masters of Arizona have offered NFTs as incentives for campaign donors.
Read MorePayPal may mint stablecoin, putting pressure on feds
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The payments giant confirmed on Friday that it’s looking to develop a stablecoin, a kind of cryptocurrency backed by the U.S. dollar.
Read MoreIs Anchorage Digital the gateway for a Web3 boom
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Crypto bank Anchorage secured $350M in Series D funding at a $3B valuation. Led by KKR, the latest round brings large institutions like Goldman Sachs and BlackRock on board for strategic growth.
Read MoreCoinMarketCap, Coinbase list Bitcoin in the billions, bringing panic (and some trolling)
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Due to a technical glitch, data provider CoinMarketCap and crypto trading site Coinbase wildly overinflated cryptocurrency values, listing Bitcoin as high as $789B.
Read MoreSquare changes corporate name to Block, suggesting new product roadmap
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In a not-so-subtle nod to crypto and blockchain, payments company Square, which is led by Twitter co-founder Jack Dorsey, changed its corporate name to Block this week.
Read MoreMeta’s David Marcus departs firm, adding uncertainty to digital currency plans
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Payments executive David Marcus, a co-creator of Meta’s yet-to-be-launched Diem cryptocurrency, announced he is leaving the company at the end of the year.
Read MoreBitcoin rebounds after a post-Omicron dip
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Bitcoin’s value appears to be following the trajectory of the broader market in response to news of the new Omicron coronavirus variant.
Read MoreBitcoin surges as inflation hits 30-year high
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Amid an inflation report that showed the consumer price index jumping 6.2% compared to one year ago – the fastest year-over-year jump since 1990 – the value of Bitcoin hit $68,950 on Wednesday before falling back. Meanwhile, Etherum soared past $4,800.
Read MoreEthereum surges to all-time high as decentralized finance builds momentum
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Ethereum, the world’s second-largest digital coin, grew in value more than 4% to more than $4,700 Monday, an all-time high.
Read MoreRevolut wants to build a crypto exchange
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Digital banking fintech Revolut is looking for a tech lead to build a crypto exchange, according to a recent job posting on LinkedIn.
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