What China's Cashless Revolution Can Teach the West About Crypto

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China appears to have achieved the crypto community’s dream of a new internet of value, without blockchain. But there’s more than meets than eye here.

Ripple Event Reveal: 3 Companies Are Now Using XRP for Real Payments

Ripple Event Reveal: 3 Companies Are Now Using XRP for Real Payments

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During Ripple’s annual Swell conference, CEO Brad Garlinghouse announced three firms that will use XRP in commercial cross-border payments.

New POS Terminal by Pundix Allows Nigerians to Make Purchases in Bitcoin

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Indonesian cryptocurrency and payments company Pundix has introduced a point of sale terminal at a shop in Nigeria, allowing people in the West African country to make purchases using cryptocurrency, including bitcoin. The move is seen as key to scaling up cryptocurrency adoption and development in Africa’s biggest bitcoin market. Also read: Payments Platform Wirex Launches…

Crypto Wallet Abra Opens Door to More European Users

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Crypto wallet provider Abra is integrating SEPA payments, allowing European customers to directly deposit funds.

Ripple Endorses 'Preferred' Crypto Exchanges for XRP Payments

Ripple Endorses 'Preferred' Crypto Exchanges for XRP Payments

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Ripple is recommending three cryptocurrency exchanges as the “preferred partners” for transacting on its xRapid payments platform.

US Lawmakers Want FinCEN Mandate to Explicitly Cover Crypto

US Lawmakers Want FinCEN Mandate to Explicitly Cover Crypto

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A new bill facing the U.S. Congress would have FinCEN more closely examine the cryptocurrency space, according to public documents.

Litecoin's Lee: Bank Deal Might Lead to New Crypto Services

Litecoin's Lee: Bank Deal Might Lead to New Crypto Services

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Charlie Lee took to reddit Tuesday to clarify his and the Litecoin Foundation’s roles in the new acquisition of nearly 10 percent of a German bank. 

US Senators Discuss Crypto Threat to Domestic Elections

US Senators Discuss Crypto Threat to Domestic Elections

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DarkTower director Scott Dueweke said cryptocurrencies are “tailor made” for foreign powers hoping to influence American elections.

CBDC Could Have “Severely Negative Consequences” for “Bank-Dominated Payments System” – Former FDIC Chair

CBDC Could Have “Severely Negative Consequences” for “Bank-Dominated Payments System” – Former FDIC Chair

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The former chair of the United States Federal Deposit Insurance Corporation, Sheila Bair, recently published an article imploring the U.S. Federal Reserve to explore central bank-issued digital currencies (CBDCs). In the article, Mrs. Bair argues that the development of a state-issued cryptocurrency could “reduc[e] the risk of financial crises” and “improv[e] monetary policy tools.” Also…