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Governments Sending Mixed Signals On Blockchain

PYMNTS

Bitcoin doesn’t necessarily have the blessing of government agencies, but what about blockchain? It seems governments are a bit more open to distributed ledger technology (DLT), though that doesn’t mean blockchain companies get a free pass with regulators. government isn’t the only jurisdiction going hot and cold on blockchain.

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Bitcoin Daily: Binance Denies Reports Of Police Raid; Blockchain Expands To Gaming Payments

PYMNTS

Paris-based Ultra , which has created its own blockchain, announced that French video game giant Ubisoft will become the first major gaming system to test out payments on its blockchain for gamers. The population of the country sees these capital controls are put in place, and then they’re going to look for a way around it.

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Ripple Closes $55 Million Venture Capital Round

PYMNTS

” Existing Ripple investors include GV (Google Ventures), Andreessen Horowitz, IDG Capital Partners and Jerry Yang’s AME Cloud Ventures. Ripple is the only provider of enterprise blockchain solutions and counts 15 of the top 50 global banks as customers. Ripple has received a total of over $93 million in funding.

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GAO: FinTech Firms, FIs Seek Alternative Data Clarity In Lending

PYMNTS

Separately, the Securities and Exchange Board of India (SEBI) is in the midst of plans for a “sandbox” that will help boost FinTech efforts for capital markets, as reported by The Hindu. The news outlet quoted SEBI Chairman Ajay Tyagi late last month that blockchain may pose challenges for exchanges and financial firms. “We

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Can Moscow Overcome A Tarnished Tech Reputation?

PYMNTS

Russia has ambitions to be a leader in the blockchain space and currently has 500,000 blockchain users. Blockchain On The Brain. Russia has ambitions to one day be considered a world leader in blockchain. The country has the largest online market in Europe, with an estimated 66 million Russians accessing the internet.

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What happened to the bitcoin bubble?

Chris Skinner

That is the contention of Chris Skinner, Chairman of The Financial Services Club, author of thefinanser.com blog and one of Financial News’ ‘FinTech 40’ most influential people in financial technology. Chris Skinner spoke to Barry Corbett of the UBS Knowledge Network in London on 12 June.

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Veem Grows Multi-Rail B2B Payment Capabilities

PYMNTS

The company said that the advancements will better the method in which firms make and receive payments domestically and internationally, "following a successful year of growth for the financial technology firm," according to the announcement.

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