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π VISA is getting spicier with crypto π₯
π VISA is getting spicier with crypto π₯
| Do you Geckos have a VISA yet? VISA is ramping up its crypto operations as they make five new strategic hires and placements.
Three of the new roles are filled by existing staff, while the other two are external hires.
According to Visa's head of crypto, Cuy Sheffield, the expansion is far from over as there are a host of roles still available, including product management, business development, and engineering.
VISA has been stepping up its crypto game over the past few months and has even started experimenting with USD Coin (USDC) as a settlement option.
In today's news, Robinhood gets fined, South Africa is fast-tracking their crypto regulatory framework, and Coinbase is building a new crypto app.
Read on! | | | | |
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| | The Sheriff of Nottingham is Back with a Vengeance Robinhood, the online trading platform has been fined $70M for its conduct over the last few months.
The penalty marks the biggest one ever issued by the Financial Industry Regulation Authority (FIRA).
According to FIRA, the reason was because of "widespread and significant harm suffered by customers" in connection with a series of misleading communications, system outages, and inappropriate customer approvals for complicated trades.
Decrypt | | South Africa is Fast-Tracking Crypto Regulations The growing number of crypto scams in South Africa is prompting regulators to fast-track their new crypto regulatory framework.
The new framework expects players in the financial sector to be aware of the risks associated with cryptocurrencies and price in those risks properly.
Recent high-profile scams like the Africrypt ordeal have been large factors behind regulatory concerns.
Bitcoin.com | | Coinbase wants its own Apple Tree
Coinbase is planning to build a new "crypto app store", following the footsteps of what Apple did with its own App Store.
According to the CEO, Brian Armstrong: "Apple didn't attempt to build every app for the iPhone, it empowered developers and gave mobile users an easy way to access new innovative apps".
Armstrong wants the future app to make DeFi more accessible, which will even allow self-custody of your own crypto Bitcoin.com |
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