Author: PayRate News
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Binance Has Agreed “Non-Binding” Acquisition With FTX
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The crypto industry is witnessing a mega takeover on the horizon! The world’s largest exchange for digital currencies such as Bitcoin, Binance, wants to take over most of the business of rival FTX. After Zhao (Founder and CEO of Binance) himself seeded doubts about FTX’s cash reserves with a tweet…
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Gate.io Is Introducing Their Crypto Payment Product Gate Pay
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The crypto-exchange platform Gate.io (PR42 profile) has officially launched Gate Pay, a leading crypto-based payment product. The launch of Gate Pay is based on Gate.io executives’ belief that cryptocurrencies can become a widely used means of payment, not just a tradable asset. Gate Pay is a free-to-use crypto payment technology developed…
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Payment Gateway Provider Coriunder Listed on PayRate42
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Our online rating agency PayRate42 reviewed the Israeli-Cyprus-based payment processor Coriunder (PR42 profile) and included it in its Green Compliance list. Coriunder offers a payment gateway provider (“Backend-as-a-Service”) and a white-label payment service solution.
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Another BaFin Executive Fired Over Wirecard Scandal!
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German regulator BaFin is parting ways with its executive director Beatrice Freiwald after a months-long legal dispute. The supervisor is leaving “by virtue of a decision by the German government as a member of Bafin’s board of directors,” the authority announced on Tuesday evening.
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Neobank Wise Obtained A MAS License
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London-based Neobank Wise (PR42 Profile) has been granted a capital market services license by the Monetary Authority of Singapore. Through the license, Wise will be able to launch its new Assets investment product in Singapore in early 2023. The product can be used by business and retail customers to generate…
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FinTech StartUp Tymit Raised $26 Million In Series A Funding Rund
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Tymit is a credit company that offers traditional credit cards and a “buy-now-pay-later” service. The UK-based FinTech has now closed a $26 million funding round at the beginning of Q4, after successfully raising $5 million earlier in 2019. The round was led by Frasers Group, which operates U.K. retail brands,…
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Tel Aviv Stock Exchange wants to create crypto platform
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On October 24, the Tel Aviv Stock Exchange (TASE) has announced that it is developing a blockchain-based platform to expand its trading services to cryptocurrencies and other digital assets as part of a new strategic plan scheduled for 2023 to 2027.
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Amazon Now Accepts Social Payment Provider Venmo
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Amazon announced that it is introducing Venmo (PR42 profile) as a payment option at checkout. It will launch the feature in the Amazon app and on amazon.com starting Tuesday before it becomes available to U.S. users on Black Friday, Nov. 25, according to Amazon. Amazon thus wants to offer its…
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Twitter is allegedly in the process of launching a crypto wallet
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According to prominent tech blogger Jane Manchun Wong, Twitter is working on a “wallet prototype” that will allow cryptocurrencies to be deposited and withdrawn. The social media company has made no official confirmations or mentions on or about the matter. But as Wong notes, the wallet is believed to support…