A new Fintech Law issued by the Bank of Mexico (Banxico) clashes with the accelerated growth of fintech activity in the country. The resulting crackdown could force the closure of 201 listed startups, according to national media. The law, passed in 2018 but only recently enforced, targets crowdfunding and electronic payments services. Over 57% of them are currently battling
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Bitcoin is roaring again amid global uncertainty in traditional financial markets. | Source: Shutterstock The bitcoin price soared more than 10 percent over the last 24 hours, briefly hitting $11,840 on Coinbase.  The surge higher coincides with a blistering selloff on the Asian stock markets, triggered by a breakdown in US-China trade relations. It appears that
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Want an easy way to cash in your paper money for bitcoin and other cryptocurrencies? Check out the new Wirex app and Visa card: https://wirex.sjv.io/EgKVQ That is, if you haven’t been put off the idea of buying bitcoin after Grant Cardone suggesting that trading in bitcoin would be similar to trading in donkeys ;-p So,
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Delphi Digital has published a new quarterly macro outlook highlighting reasons why the bitcoin price will continue to increase in the long-term. Long-term Bitcoin “Hodling” According to the published research, most of the bitcoin selling comes from short-term holders. This trend implies long-term hodling among staunch BTC believers. 0/ The Perfect Storm for Bitcoin is
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Investors include Founder/Executive Chairman of Bitcoin.com (Roger Ver), Founder/CEO’s MuleSoft, and JBoss. San Francisco, CA – Evercoin announced today $1M in pre-seed stage financing from gumi Cryptos and prominent Blockchain and Open Source pioneers. Investors in this round include: Gumi Cryptos CapitalRoger Ver — Founder, Executive Chairman of Bitcoin.comRoss Mason — Founder of MuleSoft (sold
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Over the past month or two news and rumors regarding Facebook’s Libra initiative have dominated both crypto and mainstream news cycles, with many analysts claiming that the more centralized digital option could end up posing stiff competition to Bitcoin and other cryptocurrencies. Despite this possibility, Bitwise – a leading provider in index and beta crypto
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Crypto companies may be banned from hosting .bank and .insurance domain extensions. fTLD Registry Services, a domain name system (DNS) registry, announced it is looking to restrict the DNS extensions from generic banking “service providers.” The proposal comes amid an alleged uptick in applications for .bank domain names by crypto firms. Originally, the .bank domain
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Cryptocurrencies cannot be purchased with the new Apple credit card according to the American multinational technology company’s recently published customer agreement guidelines. The Apple card’s restrictions indicate that the company’s partner, Goldman Sachs, is leery toward cryptocurrencies and other “cash equivalents” like lottery tickets and casino chips. Also Read: Banks Stopped Walmart Bank – Now
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