# Former US treasurer joins Ripple board

# Former US treasurer joins Ripple board

“# Former US treasurer joins Ripple board ” Rosa Gumataotao Rios, the 43rd treasurer of the United States, will be joining Ripple’s board of directors.  In an announcement from Ripple today, the company said Rios, who served as the U.S. treasurer from 2009 to 2016 under President Barack Obama, will be the newest member of…

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# Mastercard adds 6 blockchain payments startups to accelerator program

# Mastercard adds 6 blockchain payments startups to accelerator program

“# Mastercard adds 6 blockchain payments startups to accelerator program ” Mastercard Start Path, an accelerator program for fintech startups, has welcomed six new companies innovating in the field of blockchain-based payments. Asante Financial Services, Cledara, Jifti, Moeda Seeds, SpendDebt and Tippy were selected for being “fintech innovators” in software-as-a-service and blockchain technology. “As the…

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# Mass adoption looms as South America’s second-largest company accepts crypto payments

# Mass adoption looms as South America’s second-largest company accepts crypto payments

“# Mass adoption looms as South America’s second-largest company accepts crypto payments ” On April 28, MercadoLibre (MELI), the largest Latin American online marketplace, launched a real estate section dedicated to cryptocurrencies. Although the company does not settle property transactions directly, it legitimizes the category as a payment system.  The $81 billion retailer is the…

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# PayPal crypto partner Paxos raises 0M

# PayPal crypto partner Paxos raises $300M

“# PayPal crypto partner Paxos raises $300M ” Paxos, a major cryptocurrency company and PayPal’s crypto collaborator, has completed a massive fundraising round shortly after receiving preliminary approval to form a national trust bank. On Thursday, the firm announced a new $300-million Series D funding round bringing Paxos’ valuation to $2.4 billion. The new funding round…

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# JPMorgan and DBS to launch blockchain cross-border payment platform

# JPMorgan and DBS to launch blockchain cross-border payment platform

“# JPMorgan and DBS to launch blockchain cross-border payment platform ” Major American investment bank JPMorgan is working with Singapore’s largest bank, DBS, and state investment firm Temasek to launch a new blockchain company focused on global payments and interbank transactions. Dubbed Partior, the new firm will use blockchain technology and digitize commercial bank money…

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