Uphold withdraws with Venezuela, citing US sanctions

Crypto trading platform Uphold said it will be withdrawing support for users in Venezuela due to sanctions imposed by the United States government.
In a Thursday announcement, Uphold said “owing to the increasing complexity of complying with U.S.

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Latin America stands to benefit most from crypto, says Uphold exec

El Salvador’s Bitcoin (BTC) adoption has triggered a digital asset revolution in Latin America, and the region could benefit even more if people can exchange cryptocurrencies, fiat money and the upcoming central bank digital currencies (CBDC) on the same infrastructure, said the head of multicurrenc

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Uphold to launch crypto cards in Europe with new acquisition

Uphold, an American digital wallet and trading platform, has acquired European card issuer Optimus Cards UK Limited to launch a cryptocurrency-enabled card on the continent.
According to a Feb.

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IMVU’s new blockchain-backed stablecoin goes live

IMVU’s new fiat-convertible VCOIN goes live on the social network. 
Per a Jan. 12 company announcement shared with Cointelegraph, VCOIN is available for users of IMVU, starting today.
IMVU already hosts over 27 million transactions a month using its non-blockchain-backed credits.

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Social networks and the digital economy: A preview of IMVU’s VCOIN

When the Securities and Exchange Commission gave its blessing to social media platform IMVU to launch VCOIN, it was a major leap forward for acceptable scope of crypto applications. 
The implications for what sorts of projects the SEC considers a security are, in and of themselves, huge.

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Universal Protocol Alliance introduces tradable carbon token

An alliance of crypto firms is introducing tokenized carbon credits for individuals to offset the amount of carbon dioxide they contribute. 
According to a Dec. 1 announcement, the Universal Protocol Alliance, or UPA, has launched a tradable carbon token on a public blockchain.

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