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ITU and Stanford University have agreed to launch a new partnership to support pilot implementations of Digital Fiat Currency (DFC), digital currency authorized and issued by a Central Bank.
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Approximately $2.9 billion deposits have been lost in an alleged scam with a crypto wallet provider and exchange PlusToken. Six suspects affiliated with PlusToken have been arrested, although main operators of the alleged scam are still on the run. PlusToken allowed users to earn profits on their crypto deposits and incentivized members to bring in new users by providing monetary rewards.
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The group of six US legislators will hold a meeting with the Swiss Federal Data Protection and Information Commissioner Adrian Lobsiger. It will be led by Maxine Waters, Chair of the House Banking Committee.
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There are many reasons why the Philippines is becoming increasingly crypto-friendly. Not only has its central bank registered more crypto exchanges recently, but the Securities and Exchange Commission has also been actively finalizing crypto guidelines. The country has an active crypto community, and one of its largest banks has engaged in multiple crypto projects.tags: Fintech CryptoAssets
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A data-driven look at global financial technology investment trends, top deals, active investors, and corporate activity in Q2 2019.tags: Fintech
Kiffmeister’s Fintech Daily Digest 08/18/2019
