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Fintech Firm Centbee Graduates From South African Regulatory Sandbox

Fintech firm Centbee recently announced it has successfully completed the testing of its cross-border remittance application, Minit Money. The testing of the application was carried out within the framework of the South African Intergovernmental Fintech Working Group (IFWG)’s regulatory sandbox. Using Crypto to Enable Faster and Cheaper [Read More...]

China’s central bank says all cryptocurrency-related activities are prohibited and overseas crypto exchanges providing services in mainland China are illegal (Ryan Browne/CNBC)

Ryan Browne / CNBC: China’s central bank says all cryptocurrency-related activities are prohibited and overseas crypto exchanges providing services in mainland China are illegal  —  – The People’s Bank of China said services offering trading, order matching, token issuance and derivatives for virtual currencies are strictly [Read More...]

Bank of Russia Lists Crypto Companies Among Financial Pyramids

The Central Bank of Russia has recently expanded its database of financial market players suspected of illicit activities. Several crypto companies have been added to the list along with entities bearing signs of Ponzi schemes, as well as illegal credit organizations and forex dealers. Central Bank of Russia Blacklists Crypto Platforms As part of [Read More...]

Interview with DeSnake, the self-proclaimed co-founder of dark web market AlphaBay taken down by the DOJ in 2017, on relaunching, security, and more (Andy Greenberg/Wired)

Andy Greenberg / Wired: Interview with DeSnake, the self-proclaimed co-founder of dark web market AlphaBay taken down by the DOJ in 2017, on relaunching, security, and more  —  DeSnake apparently eluded the DOJ’s takedown of AlphaBay.  The admin talked to WIRED about his return—and the resurrection of the notorious underground [Read More...]

Italian Payments Giant Nexi Involved in Digital Euro Project

Nexi, a leading European payments company, is reportedly giving advice to the European Central Bank (ECB) related to the digital euro project. The announcement was made by Nexi’s CEO Paolo Bertoluzzo, who also gave his opinion about the future of central bank digital currencies (CBDC) and cryptocurrencies during the Money 20/20 fintech [Read More...]

EU’s proposal forces companies to make fast-charging standards interoperable and “unbundles” charger sales; if adopted, companies will have 24 months to comply (Jon Porter/The Verge)

Jon Porter / The Verge: EU’s proposal forces companies to make fast-charging standards interoperable and “unbundles” charger sales; if adopted, companies will have 24 months to comply  —  With the aim of reducing e-waste  —  The European Commission, the executive arm of the European Union [Read More...]

BTC Proxy Lists on AscendEX

PRESS RELEASE. AscendEX is eager to announce the listing of the BTC Proxy token (PRXY) under the trading pair USDT/PRXY on Sept. 24 at 1 p.m. UTC. To celebrate the listing, AscendEX and the PRXY team will launch a number of limited-time promotional events, taking place between 1:00 a.m. UTC, on Sept. 24, and 12:00 a.m. UTC, on Oct. 1, 2021, [Read More...]

OY! Indonesia, an offline and online payments service, raises $30M Series A led by SoftBank Ventures Asia at a $100M valuation (JD Alois/Crowdfund Insider)

JD Alois / Crowdfund Insider: OY! Indonesia, an offline and online payments service, raises $30M Series A led by SoftBank Ventures Asia at a $100M valuation  —  SoftBank Ventures Asia has led the $30 million Series A funding round in OY!  Indonesia.  MDI, Pavilion Capital, AC Venture, CCV, Wavemaker, PT SAT, Saison Capital [Read More...]
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