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Venezuelan Government Launches Crypto Remittance Service

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Venezuelan Government Launches Cryptocurrency Remittance Service

The government of Venezuela has begun offering a cryptocurrency remittance service. Remittances can be sent using two types of cryptocurrency. The service was launched by the Superintendency of Cryptoassets and Related Activities, the country’s main crypto regulator, which has also set a monthly limit and a commission per transaction.

Also read: SEC Chair Explains Key Upgrades Needed for Bitcoin ETF Approval

Government’s Remittance Service

The government of Nicolas Maduro has started offering a cryptocurrency remittance service. The Superintendency of Cryptoassets and Related Activities (Sunacrip), the main regulator of all crypto activities in Venezuela, announced the launch of the service on its Patria platform last week. According to its website:  Read more...

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PR: LendaBit.com Launches Excellent P2P Service for Unverified Borrowers

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LendaBit.com Launches Excellent P2P Service for Unverified Borrowers

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.

LendaBit.com, one of the fastest-growing P2P lending platforms, is pleased to announce the launch of a new special service campaign aimed at further loan liberalization for unverified platform users. From now on, all registered platform users are able to take crypto loans up to 300 USDT on a daily basis, where the borrowing fee accounts for 1% – no verification required!  Read more...

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Fidelity’s Bitcoin Custody Service Could Launch This March

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Fidelity Investments, one of the world’s largest asset managers, is breaking into bitcoin custody.

According to a recent report from Bloomberg, three people “with knowledge on the matter” from firms in contact with Fidelity have said that the company is tentatively planning to launch a custody service for bitcoin in March.

This move would fall in line with the company’s recent pushes toward the crypto space. Last October, Fidelity announced the creation of a platform for institutional traders to invest in cryptocurrencies, using over-the-counter trading and cold storage to ensure the security of the various assets.  Read more...

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Ready for Liftoff: Fidelity’s Bitcoin Custody Service is Just Weeks away from Launch

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Big news today from Bloomberg‘s Matthew Leising and Alastair Marsh: “Fidelity Investments is targeting a March launch date for its Bitcoin custody service, according to three people with knowledge of the matter, as the mutual-fund giant moves forward with a plan that could help ease fears of trading cryptocurrencies.” “We are currently serving a select set of eligible clients as we continue to build our initial solutions,” the company said in a statement. Over the next several months, we will thoroughly engage with and prioritize prospective clients based on needs, jurisdiction and other factors. A source familiar with the new  Read more...

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Fidelity Plans to Launch Its Crypto Custody Service in March, Starting With Bitcoin (BTC)

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Financial services giant Fidelity Investments, which manages more than $ 2.6 trillion in client assets, is reportedly targeting a March launch date for its Bitcoin (BTC) custody service. According to a recent report by Bloomberg, which cites three individuals familiar with the matter, Bitcoin custody will be the first of many crypto products made available for large investors like […]
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The New Digital Asset Financial Service, VELIC aims to be FRB in the ICON’s Global DApp Ecosystem

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This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release. VELIC is a security-focused comprehensive financial service platform that delivers wide a range of advanced crypto-financial products and services and plans to provide a multitude of services are not just in commercial banking, but also investment banking service in the digital  Read more...

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Is the Netflix Price Hike Just What Disney’s Streaming Service Needs to Win Market Share?

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By CCN.com: Last week Netflix announced that it was raising subscription fees by between 13% and 18% for all its plans. While the absolute increase varied between $ 1 and $ 2, nearly a quarter of U.S. subscribers who took part in a Streaming Observer online survey indicated that this fee hike was enough to make them

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Why is $1 Billion Bitcoin Giant Bitfury Building a Blockchain Music Service?

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By CCN.com: The Bitfury Group, an early bitcoin mining firm turned global blockchain company based out of London, has announced that it will launch an entertainment division tasked with developing an open-source music platform that runs on blockchain technology. From Mining Bitcoin to Tracking Music IP on a Blockchain Tech companies trying to make waves

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№1: Streamity team announced StreamDesk service launch dates and explained its future plans

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TheMerkle IBM Stellar Blockchain Banking

There is little time left until the launch of Streamity project’s main service. In the run-up to this event Streamity team presented its alpha-version, which is accessible for testing to those people who want to check out service functionalities.

StreamDesk is a decentralized platform for cryptocurrency exchange, which is based on the smart-contract architecture and the API of payment systems. What does it mean to a user?  Read more...

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Verizon Is Alpha Testing Its Own Video Game Streaming Service

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Mobile service and internet provider Verizon (VZ) has reportedly been developing its own video game streaming service, Verizon Gaming, which is already up and running on the Nvidia Shield set-top box. According to a breaking report by The Verge, Verizon has been recruiting participants for an alpha testing of the new platform, offering them a $ 150 Amazon gift […]
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Bitrefill Channel-Opening Service Makes Accepting Lightning Payments Easy

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Crypto payment platform Bitrefill has launched Thor, a service that allows customers to open Lightning channels on demand. Thor will connect to Bitrefill's node on the Lightning Network, allowing users to receive Lightning payments whether they have bitcoin loaded into their Lightning wallets or not.

"This service will let the customer get an empty lightning channel opened to them from Bitrefill’s node, on the Lightning Network. Now anyone can now pay for, or gift, the ability to have a channel opened to a Lightning wallet in order to receive payments over Lightning at any time," according to a company announcement.  Read more...

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Pakistan’s First Blockchain-Based Remittance Service Launched Using Alipay’s Technology

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A Pakistani financial institution has rolled out a cross-border remittance service based on blockchain technology developed by Alibaba affiliate, Alipay. Telenor Microfinance Bank and Malaysian fintech firm Valyou have partnered to offer the service to that will operate between Malaysia and Pakistan. The service is expected to enhance the efficiency and speed of remittances from

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Amazon Is Reportedly Working on Its Own Video Game Streaming Service

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Retail giant Amazon (AMZN) is reportedly planning on launching its own video game streaming service, adding to its growing portfolio of gaming offerings that already includes the popular social streaming platform Twitch. According to a recent report by The Information, individuals familiar with the matter have revealed that Amazon is currently in talks with publishers […]
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Amazon Developing New Game Streaming Service to Compete with Microsoft and Google

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Not to be outdone by its FAANG and other technology rivals, it appears Amazon has been secretly developing a game streaming service. It looks set to compete with Microsoft and Google with instant video games housed on powerful servers. Cloud-based gaming, which will negate the need for downloads or game cards, could be one of

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Kuwait Central Bank Taps Ripple for Blockchain Remittance Service

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The National Bank of Kuwait has launched a product they’re calling “NBK Direct Remit,” a blockchain-based product which uses RippleNet for cross-border payments from within the Middle Eastern nation. The initial launch of the product only supports payments to nearby Jordan, but they intend to launch in at least 15 more countries soon. According to

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Japanese Regulator Publishes Proposed Rules for Crypto Service Providers

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Japanese Regulator Publishes Proposed Rules for Cryptocurrency Service Providers

Japan’s top financial regulator has published the final report outlining proposed rules for cryptocurrency service providers to follow. The rules address areas such as hacking incidents, coin listings, financial and price disclosures, margin trading, and crypto custodial services.

Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations

Final Report of Proposed Rules

Japanese Regulator Publishes Proposed Rules for Cryptocurrency Service ProvidersJapan’s Financial Services Agency (FSA) has published the final report from last week’s study group meeting on crypto exchanges detailing requirements “as a precondition of the proper principle of self-responsibility.” The agency expects crypto service providers to follow these rules either by themselves or under the guidance of a self-regulatory organization (SRO). Currently, only one SRO — the Japan Virtual Currency Exchange Association — has been approved by the FSA.  Read more...

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Deal Box Engaged by Token Name Service, Inc. to Provide Capital Advisory Services

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BitDeer Partners with BTC.com and AntPool to Provide World-Class Computing Power Sharing Service

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South Korean Crypto Exchange Launches Ripple-Based Blockchain Remittance Service

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Coinone subsidiary Coinone Transfer has introduced Cross, South Korea’s first blockchain-based remittance app and web service, using enterprise blockchain technology created by Ripple. Cross gives people in Thailand and the Philippines access to faster and cheaper payment services. Coinone Transfer utilized RippleNet and connections with the Siam Commercial Bank (Thailand) and Cebuana Lhuillier (Philippines) to

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