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Will Binance CEO Step Down?

Binance continues to be the world’s largest cryptocurrency, while it has faced major regulatory scrutiny as countries have begun to ban it because of its lack of ability to meet the FCA’s anti-money laundering requirements. CEO Changpeng “CZ” Zhao says that he is willing to step down as the company transitions to being a regulated …

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New Anti-Money Laundering Reform in Ireland

Banks in Ireland have adopted what some consider to be “radical” reform measures from the EU. These new regulations regard anti-money-laundering guidelines that would have the bloc oversee the riskiest of firms and crypto traders.  The newly established authority of 250 employees will look for any transactions occurring across border lines that they find to …

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China Cracks Down on Crypto

China is one of the countries that was still developing when it adopted fintech. The country as a whole experienced a great amount of growth due to its outdated regulations that left room for inhibited growth.  In 2018 its investments reached $25.5 billion, taking up half of the total fintech investments that year. In the …

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The Basics of Bitcoin

When someone mentions Bitcoin, most people’s first thought is that it’s just something you invest in, or stock you can own. While it can be an investment, it is also a form of currency. Bitcoin was created in 2009 by an anonymous programmer who goes by the code name “Satoshi Nakomoto.” Bitcoin was created with …

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What Makes A Successful Crypto Platform?

As the cryptocurrency world becomes ever more expanding, more fintechs are either developing to serve as exclusively crypto trading platforms or offer it among their current services. But with the global competition being so stiff, how can these fintechs stand out above the pack and what key features are necessary for a successful crypto platform? …

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Bank of England to Dedicate Team to Digital Currency

Ever since its secession from the EU on January 31st, 2020 in Brexit, Britain has been working hard to make sure it remains competitive as a global fintech leader. Since then they have announced that they would be using Lithuania in a mutual agreement to obtain licenses and use their “sandbox” for product testing in …

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Why Bitcoin is Kilometers Ahead of Other Cryptocurrencies

It’s no secret that perhaps the most well-known and expansive area of fintech that has been gaining attraction over the past two years is cryptocurrency. Early this year, billionaire Tesla CEO Elon Musk made an announcement that he purchased approximately €1.3 billion worth of bitcoin and has plans to make it an accepted currency for …

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Robinhood Set to Launch IPO Among Other Fintech Startups

If the past year has taught the world anything, is that conventional thinking can be easily overturned and challenged in the digital age. The recent GameStop situation in the United States, where many common people gathered on Reddit to purchase GameStop stock in massive quantities, massively inflating its value, made us question just how Wall …

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