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Stakeholder buy-in, clear policy objectives among preconditions for a digital dollar, Fed analysts say

A new paper published by the Federal Reserve on Wednesday lays out some of the preconditions by which the U.S. central bank might consider launching a digitized version of the dollar.
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Feb 24, 2021, 11:28PM UTC

An outage at the Fed leaves multiple crypto exchanges unable to settle

The Fed's service status page shows most of its services are currently down, including its settlement system FedWire.
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Feb 24, 2021, 7:44PM UTC

UK bitcoin payments app secures £11 million seed raise from investors including Alan Howard

UK-based bitcoin payments app Bottlepay has closed an £11 million seed round from investors including acclaimed fund manager Alan Howard.
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Feb 23, 2021, 9:57PM UTC

Square reports $4.57 billion in bitcoin sales for 2020 via Cash App

The Jack Dorsey-led payments company said that for the fourth quarter of 2020, it sold $1.76 billion in bitcoin via its Cash App.
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Feb 23, 2021, 9:17PM UTC

Neo-bank CEO Shachar Bialick is an 'over-the-top' fanatic

The CEO of digital banking platform Curve explains why he's convinced that a single payment app can rule them all.
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Feb 23, 2021, 8:19PM UTC

Bitcoin's bull run is blurring the line between fintech and crypto

Robinhood's plan to strengthen its crypto offerings chimes with a wider rush among big-name fintech firms to add
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Feb 22, 2021, 5:59PM UTC

Mastercard inks partnership for prepaid card linked to The Bahamas' central bank digital currency

The Sand Dollar, a digital currency issued by The Bahamas' central bank, is at the center of a new prepaid card arrangement involving Mastercard.
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Feb 17, 2021, 11:22PM UTC