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A Britcoin Insider Claims That Innovations Based On Cbdcs Would Alter The Nature Of Finance

Because systems for the exchange, storage, and transmission of value have evolved over time—from trading for goods and services to minting coins to printing banknotes and creating digital forms of payment—they are anything from static. “CBDCs [central bank digital currencies] are the next step,” claims Field. He is supported by the central banks of the…

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Blocktrade Receives €4.5 Million From The Btex Token Sale In Order To Reinvent Asset Trading

Blocktrade, the gamified asset marketplace, has completed the sale of its proprietary Blocktrade Exchange Token (BTEX). The round, which ran from May 5th through May 18th, after a fully subscribed pre-sale earlier this year. The auction raised €4.5 million, thanks to the passionate involvement of over 1400 community members from 42 countries. “We are grateful…

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Millennials Will Use Their Bank Accounts To Pay Businesses If There Are Rewards Involved

Online bank transfers have become popular for paying regular expenses due to their consistency and convenience of usage. One-quarter of customers who attempted online bank transfers, commonly known as pay by bank transfer, for the first time in the previous year, did so for a specific reason: they could earn reward points. 31% of millennials…

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Wefox, A Berlin-Based Insurtech Company, Raises $110 Million To Expand Internationally

Wefox, a Berlin-based insurtech company, has secured $110 million to expand its insurance and distribution operations. This amount comprises $55 million in a revolving credit facility from J.P. Morgan and Barclays, as well as $55 million in equity obtained from current and new investors as part of the Series D’s second closing, according to a…

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