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We would argue that bitcoin is simply a diversifier. If a fund manager wants to put 1 per cent of his or her portfolio into crypto, that would certainly diversify it, though it would be a high-risk strategy. They could also choose to use 1 per cent of it for gambling, which can also sometimes bring in high returns, and which we would argue “investing” in crypto is more akin to.
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The Dubai Financial Services Authority and the Commission de Surveillance du Secteur Financier Luxembourg, entered into an agreement to cooperate in the development of FinTech.tags: Fintech
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Here’s a comprehensive list of all 235 stablecoin projects launched so far. “Launched” is an important distinction because the list includes closed projects (e.g., Basis). It also includes commodity-backed stablecoins (mostly gold) and private coins.
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The Crown Princes of Saudi Arabia and the United Arab Emirates (Mohammed bin Salman and Sheikh Mohamed bin Zayed) reached agreement to develop a digital currency to enable trading between banks in the two countries.
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Mastercard Send is an application that leverages the card network infrastructure to facilitate the secure availability of funds in real-time*. With Mastercard Send, PayPal users can transfer their account balances to eligible Mastercard cards seamlessly and conveniently, typically within seconds.tags: Fintech FastPayments
Kiffmeister’s Fintech Daily Digest 11/28/2019
