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What is the position of bitcoin and cash in regulated bank economies
As HSBC escaped the threat of criminal prosecution for having allegedly laundered at least $880m for Mexican drug barons, it does not feel coincidental that the bitcoin frenzy lifted the cryptocurrency to new highs this week. The fiercer the regulatory squeeze on banks, the greater the demand for other means of storing and moving money. [...]
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2018 payment trends: Safer data, faster payments, better experiences
Fundamental shifts in consumer behavior, the emergence of new technologies and an evolving regulatory landscape means the payment trends in the payments ecosystem are poised for unprecedented transformation in 2018. The demand for safer data, faster payments and better experiences presents great opportunity, but also significant challenges – writes André Stoorvogel, Director, Product Marketing in the [...]
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UK government looks to regulate Bitcoin
The UK Treasury has said that Anti-money laundering regulations should be updated to include Bitcoin and other virtual currencies. The Metropolitan Police says criminals are using crypto-currency cash machines to... more
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UK government looks to regulate Bitcoin
The UK Treasury has said that Anti-money laundering regulations should be updated to include Bitcoin and other virtual currencies. The Metropolitan Police says criminals are using crypto-currency cash machines to launder money in London. The government’s aim is part of a broader update to the EU rules which are under negotiation. The update, revealed in [...]
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Raiden payment systems goes live on Ethereum network
A version of the Raiden payments channel network has been launched on the main Ethereum blockchain. Activated yesterday, the launch comes months after µRaiden – known more commonly as “microraiden” – first... more
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