Latest Cryptocurrency News: Finextra Research

UN pilots blockchain-based system for getting aid to people in Ukraine

The United Nations Refugee Agency (UNHCR) is piloting the use of blockchain technology to get digital cash payments to internally displaced people in Ukraine.

20 December 2022

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Binance US to buy Voyager's assets for $1bn

Binance US has won the bidding to acquire the assets of bankrupt crypto lender Voyager Digital for about $1.02 billion.

19 December 2022

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Crypto firm Amber raises $300m to protect against FTX fallout

Cryptocurrency trading form Amber Group has raised $300 million in a Series C funding round, shut down its retail operations, begun laying off staff, and ended a sponsorship deal with Chelsea Football Club as it seeks to weather the fallout of FTX's collapse.

16 December 2022

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PayPal partners with ConsenSys MetaMask to allow US users to buy Ethereum

Web 3.0 company ConsenSys revealed this week that US MetaMask users will be able to purchase Ethereum from within the app using PayPal.

16 December 2022

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Banque de France, HSBC, IBM test interoperability of wholesale CBDC

Following experiments demonstrating that DLT can be used with existing networks to complete CBDC financial transactions in real-time, Banque de France, HSBC and IBM have published a paper exploring their key findings.

16 December 2022

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New York regulator tells banks to get prior approval for crypto activities

New York State-regulated banks will need to get prior approval from regulators ahead of any virtual currency-related activities.

15 December 2022

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United Fintech buys FX and digital assets specialist Cobalt

United Fintech, an outfit dedicated to scooping up a stable of capital markets fintechs, has acquired Cobalt, a provider of risk and data services to the FX and digital asset markets. Terms were not disclosed.

15 December 2022

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FTX founder arrested in the Bahamas

Sam Bankman-Fried, the disgraced founder of collapsed cryptocurrency exchange FTX, has been arrested in the Bahamas.

13 December 2022

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Bank of England seeks applications for £200K CBDC wallet prototype

The Bank of England is seeking applications for a sample wallet for a Central Bank Digital Currency.

12 December 2022

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CZ v SBF: crypto titans in Twitter spat

Changpeng Zhao and Sam Bankman-Fried are squabbling on Twitter, with the Binance boss calling the former FTX chief a "fraudster" and "unhinged".

09 December 2022

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Bitso and Félix Pago team on crypto-powered remittances via WhatsApp

Latin America's largest cryptocurrency platform, Bitso, has joined forces with remittance provider Félix Pago to enable WhatsApp-based crypto-powered payments from the United States to Mexico.

09 December 2022

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PayPal readies for EU crypto push with Luxembourg roll out

PayPal is to expand its cryptocurrency service to Luxembourg in a move that portends a further roll out across the European Union.

08 December 2022

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