Digital payments
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Alchemy Pay Secures $10 Million Financing Led by DWF Labs, Achieving $400 Million Valuation
According to reports, Alchemy Pay, a cryptopayment service provider headquartered in Singapore, announced today that it has completed a $10 million financing led by DWF Labs at a v
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Circle Issues and Redeems $2.5 Billion USDCs in 7 Days: What Does it Mean for Cryptocurrency Investors?
According to reports, according to official data, in the past seven days, Circle has issued a total of $600 million in USDCs and redeemed $2.5 billion in USDCs, reducing circulatio
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The Impact of the Decline in Cash Usage and the Rise of Digital Payments on CBDC
According to reports, Signe Krogstrup, President of the Danish National Bank, discussed some of the impacts of the decline in cash usage and the rise of digital payments on the cen
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Alchemy Pay Appoints David Plouffe as Global Strategic Advisor
According to reports, Alchemy Pay, a payment gateway solution, announced the appointment of David Plouffe, a former senior White House consultant, as a global strategic advisor.
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BlackRock CEO Larry Fink’s Annual Letter Discusses Trends and Potential of Digital Assets
According to reports, BlackRock CEO Larry Fink pointed out several trends in digital assets in his annual letter to shareholders on Wednesday. Fink said that in addition to the media’s “obsession” with Bitcoin and the collapse of FTX, BlackRock has several areas of interest. In many emerging markets such as India, Brazil, and parts of Africa, we are witnessing significant advances in digital payments, reducing costs, and promoting financial inclusion. As for the asset management industry, the operational potential of digital asset underlying technology may generate exciting applications. BlackRock CEO: Tokenization of asset classes can improve the efficiency of the capital market Analysis based on this information:In his annual letter to shareholders, Larry Fink, the CEO of BlackRock, discussed the current trends and potential of digital assets. While many have been focused on the media’s “obsession” with Bitcoin and the recent collapse of FTX, Fink pointed out that there are other important areas of interest. One trend that Fink highlighted…
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The US Treasury partners with Silicon Valley Bank and Circle to improve Federal Reserve systems.
7:00-12:00 Key words: US Treasury, Silicon Valley Bank, Circle, Federal Reserve Summary of important developments at noon on March 12 Analysis based on this information:The US Treasury recently partnered with Silicon Valley Bank and Circle to enhance the speed and efficiency of financial systems used by the Federal Reserve. The partnership aims to incorporate digital payments into the existing infrastructure, to ensure that more individuals and businesses can access the financial system seamlessly. The Silicon Valley Bank is a financial institution that specializes in offering services to technology startups, venture capitalists, and private equity firms. It is considered one of the largest banks globally, with operations across the United States, the United Kingdom, China, India, and Israel. Circle, on the other hand, is a stablecoin and cryptocurrency firm that offers a range of products aimed at promoting financial inclusion. The partnership between the three entities intends to promote innovation, improve the speed and efficiency of payments processing, and enhance financial…
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Reserve Bank of India’s e-Rupi testing offline function
It is reported that Ajay Kumar Choudhary, Executive Director of the Reserve Bank of India (RBI), revealed that India\’s recently launched internal central bank …