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Posts published in “FinTech”

Swiss FinTech License Allows Public Deposits of Up to 100m Francs for Blockchain Startups

The Swiss financial watchdog has published the guidelines for the FinTech license which allows companies to receive public deposits of up to 100 million Swiss Francs. The revised Banking Act, designed to promote innovation, has also opened doors to crowd-lending businesses within the regulatory sandbox. Swiss Regulator Announces License With Relaxed Requirements for FinTech Startups The...

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Indian State to Launch Blockchain-Based IP Marketplace in Bengaluru

The Indian state of Karnataka, home to the country’s own Silicon Valley, is contemplating establishing a blockchain-based Intellectual Property (IP) marketplace based in Bengaluru (Bangalore)–a platform where innovators can patent ideas and then trade them to investors. Also read: New Dawn: Treasury Dept. Levies Bitcoin Address Sanctions Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders …

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Sole Survivors; Fintech Cryptos Ripple (XRP) and Stellar (XLM) Defy Market Massacre

Another day heralds more doom and gloom for the majority of cryptocurrencies, including the top ones. Markets have been hammered over 15% on the day losing in excess of $20 billion since yesterday but not all digital currencies are suffering the same level of pain. A Case For Stellar Lumens Both Ethereum and Bitcoin Cash...

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Ripple’s CEO Says Blockchain Will Change the World of Global Payments

Ripple CEO’s has sat down with Ross Leckow, IMF’s Deputy General Counsel, to talk about blockchain technology at the Singapore Fintech Festival. Both agreed that the distributed ledger will change the world of global payments as the International Monetary Fund engages with the private sector and industry to help its members unlock the potential of blockchain...

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Future Tech And Its Transformative Potential: Rafal Szymanski’s Expert Take

VR tech AI blockchain

Rafal Szymanski dives deeper into future tech such as AI, virtual reality, augmented reality, and, of course, blockchain, and explains how they are already proving their worth. Virtual Reality: A Paradigm Shift So far, our overall experience with the world of internet has been two-dimensional at best. The closest we’ve come to interact with this engulfing technology have been hand-held screens, e.g. your tablets and smartphones. All of this, however, is undoubtedly about to change

The post Future Tech And Its Transformative Potential: Rafal Szymanski’s Expert Take appeared first on Bitcoinist.com.

Stablecoins Are ‘The Craze Right Now,’ CoinJar Co-Founder Says

Stablecoin Stablecoins

CoinJar co-founder Asher Tan says the subject of stablecoins is beginning to gain prominence in the cryptocurrency narrative. Many stakeholders in the digital currency space believe stablecoins may be the next big thing in the industry. Stablecoins are the Future Stablecoins remain regular fixture in the cryptocurrency news circuit. From the controversy surrounding Tether (USDT) — the most popular of all the stable coins — to the launch of other variants, the subject is hardly

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New BancorX Service Looks to Connect EOS and Ethereum

Bancor is connecting Ethereum and EOS, the two largest smart contract platforms, with a new cross-chain liquidity network. Called BancorX, the new service looks to facilitate the creation of the untested “token economy”. Also read: Next Up, BTC: Bitcoin Auction Latest for U.S. Marshals Service Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders …

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Warren Buffett’s Berkshire Hathaway Invests $600 Million in Two FinTech Firms

Warren Buffett's Berkshire Hathaway Invests $600 Million in Two FinTech Firms

Despite Buffett’s blatant disdain for cryptocurrency and fintech, two $300 million dollar investments into two fintech payment firms suggest that Berkshire Hathaway may be ready to join the crypto party. A Change of Heart? On Tuesday the Wall Street Journal (WSJ) reported that Warren Buffett’s multinational investment conglomerate, Berkshire Hathaway, is reported to have invested nearly $600 million in two fintech firms focused on emerging markets. Buffett, who is a notorious no-coiner, is also infamously

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Japan’s Financial Regulator Says Stablecoins Are Not Cryptocurrencies

Japan

The lack of uniformity in stablecoins has led Japan’s Financial Services Agency (FSA) to conclude that stablecoins are not cryptocurrency. Not All Digital Assets Are Created Equal Japan’s Financial Services Agency (FSA) recently announced that it does not believe stablecoins should be classified in the same category as cryptocurrencies. According to Japan’s Payment Services Act and the Fund Settlement Law, cryptocurrencies are considered a method of payment that users do not need to pay taxes

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UK Fintech Industry Slams Govt’s ‘Blunt Instrument Approach’ To Cryptocurrency

The UK could compromise its fintech sector with “very blunt instrument” regulation currently under consideration, a new report from several industry entities warns. ‘Ashamedly Geared Around Bitcoin’ As local news outlet the Telegraph reports October 29, the report criticizes plans to award more power to regulator the Financial Conduct Authority (FCA) and says treating all cryptoassets in the same way as Bitcoin was counterproductive. “Bad regulation is worse than no regulation at all,” the Telegraph

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