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Bitcoin Daily: Bank Of Canada Tests DLT; Crypto Startup Uphold Gets Into Loans

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The SBI Group plans to license Sepior ApS ’ wallet technology to use in its own wallet, which will become a part of its digital currency exchange platform, the company said in an announcement. Work remains to be done to determine how it can be set up to maximize the benefits for the whole financial system.”.

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Blockchain Tracker: Capitol Hill To Startups, Incubators Inbetween

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Earlier this week, blockchain arrived on Capitol Hill by way of the formation of the Congressional Blockchain Caucus focused on examining and educating lawmakers on the payments technology and issues associated with the digital currency. Blockchain database startup BigchainDB just landed a sweet $3.37 Jared Polis (D-CO) and Rep.

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BalanceHero Recorded More Than $100M In GMV Sales

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BalanceHero, the startup behind the popular Indian digital payments app True Balance , has roughly 60 million registered users and recorded $100 million in gross merchandise volume (GMV) sales. Reporters, citing company spokesperson Yongsung Yoo, said the startup has raised $42 million in venture funding.

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IMF: Banks Must Change In The Face Of Big Tech

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Banking institutions will get “left behind” if they don’t evolve as big tech companies continue disrupting the financial system, the latest research from the International Monetary Fund (IMF) says. “ The role banks will play in the digital currency landscape is something the IMF has been researching.

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Robinhood Surpasses 10M Subscribers

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Silicon Valley startup Robinhood has signed over 10 million subscribers to its free stock-trading service, the company said in a blog post on Wednesday (Dec. We founded this company to break down barriers to our financial system,” the company said in a blog post. “As

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Bitcoin Daily: Coinbase Scoops Up Blockspring; BitPay Claims $1B+ In 2018 Transactions

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Bitpay , a processor of digital currency payments, claims that it has handled more than $1 billion in transactions in 2018, Coindesk reported. And Coinbase has scooped up a California startup called Blockspring , which helps companies make use of data from application programming interfaces (APIs), according to reports.

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Bitcoin Daily: New Data Set To Help Flag Illicit Crypto Transactions; MIT Study Finds Only 2 Pct. Unlawful

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Elliptic collaborated with researchers from the Massachusetts Institute of Technology (MIT) on the data set, which was taken from 200,000 bitcoin transactions worth $6 billion — the largest set of labeled transaction data publicly available in any digital currency in the world.