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‘Crypto Congressman’ Floats Blockchain to Help Fund Trump’s Border Wall

Yesterday, US Rep. Warren Davidson (R-OH) stated in an interview with NPR that blockchain technology could potentially be used as a means to fund the border wall that has become little more than a political football in Congress, with President Donald Trump recently threatening a government shutdown if congressional Democrats fail to deliver funding for the […]

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Mainstream: 2018 Brought 54 Million New Crypto Users Despite Bear Market

The crypto market may have taken a tumble this year, but that has not diminished interest in the nascent technology. Crypto User Base Booms amid Price Decline According to a report by the Cambridge Center for Alternative Finance, a research center at the University of Cambridge’s Judge Business School, the number of crypto users has […]

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UAE Firm Taps Ripple Blockchain RippleNet to Launch Cross-Border Payments

RippleNet, the blockchain-based global payment network of Ripple, is set to increase its footprint in the Middle East with a United Arab Emirates-based remittance firm set to unveil cross-border payments using the technology. According to Reuters, remittance firm UAE Exchange will roll out RippleNet-powered cross-border remittance services to Asia in the first quarter of 2019 […]

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Top Stablecoin ‘Basis’ May Shut Down Due to Regulation: What Went Wrong?

On December 13, Frank Chapparo at The Block reported that Basis, a crypto stablecoin project that raised around $133 million in April, is terminating its operations and is in the process of returning the capital it raised to its investors. The project was funded by some of the largest venture capital firms in the technology space […]

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Bitcoin-Friendly Revolut Receives European Banking License, Aims to be ‘Amazon of Banking’

Revolut, a digital banking alternative that features an in-app bitcoin and cryptocurrency exchange, has received a European banking license as it seeks to expand its offerings and position itself as the “Amazon of banking.” Revolut to Offer Bank Accounts in Europe The London-based unicorn, which remains one of the hottest fintech startups in the United […]