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MasterCard & Visa Pay $6.2bn To Settle Swipe Fee Lawsuit

MasterCard, Visa along with a number of major banks in America have decided to settle the class action lawsuit brought against them by the nation's top merchants. The suit is over 13 years old and has been the topic of

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Ncube Points To Cryptocurrency As An Economic Solution

Zimbabwe’s new Minister of Finance has been in office for less than a month and he is already going head-to-head with the Reserve Bank of Zimbabwe (RBZ). Mthuli Ncube has come out in support of the cryptocurrency industry which is

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OTC Crypto Trading Booming In Russian & Chinese Markets

A number of countries have imposed a blanket ban on the cryptocurrency industry citing lack of regulations, massive price fluctuations and high risk as factors that warrant cryptocurrencies being banned. China, India and Russia are among these countries who have

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TransferGo Makes EU To India Remittance Possible Via Ripple

TransferGo, a London-based remittance and payment provider has just unveiled a new blockchain-based remittance service to India. This service will provide real-time cross-border transfers and will be available to the wider European region. The service uses Ripple's payment technology to

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AirTM Looking To Penetrate Weak Financial Markets

Mexico-based cryptocurrency exchange AirTM has just finished its Series A funding and which has brought in $7 million from investors. The company has already revealed that its plans to use the funds to target the emerging South American cryptocurrency market.

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Indian Central Bank Quietly Launches New Crypto Unit

The Reserve Bank of India (RBI) is building up its tech knowledge by starting a new unit that will oversee all new emerging technologies including the blockchain, artificial intelligence and cryptocurrencies. Given the fact that India took a massive stance

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Venezuela Releases App To Change Bolivars To Crypto

Venezuela has been suffering financially for years now and the government has been scrambling hard for a solution to their financial woes. One of the steps taken was the release of a government owned cryptocurrency called the ‘Petro’. It hasn't

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China Continues To Crackdown On Offshore Crypto Operators

China’s crackdown on cryptocurrencies earlier this year significantly impacted the value of Bitcoin and hurt hundreds of businesses that were licensed to operate in China. Offshore operators have continued to target Mainland China and the demand for their services have

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JP Morgan Set To Launch New Free Trading Service

Investing is about to get a whole lot easier across the United States as JP Morgan gets ready to launch its investing service platform ‘You Invest’. The new service is expected to launch next week and will come bundled with

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Wall Street Banks Pump In $32m To Fund Blockchain Startup

Blockchain technology has captured the interest of many financial institutions. This is why we are seeing top Wall Street Banks eager to pump in millions of dollars into startup firms dealing with the blockchain. Axoni, a blockchain startup founded back

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