Fintech
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Surging venture capital investment in Latin American startups has financed international expansion across the region and beyond, as business models that do not require large amounts of capital have helped many firms avoid silos common in the region. New venture capital funding in the region quadrupled over two years to a record $2 billion (£1.6…
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HM Revenue & Customs, the British tax authority, is pressuring cryptocurrency exchanges to reveal customers’ names and transaction histories, in a bid to claw back unpaid taxes, industry sources said. British Authorities Seek Data from Crypto Exchanges in Search of Tax Evaders. Letters requesting lists of customers and transaction data have landed on the doorsteps…
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Blockstream launches bitcoin mining facility and pool. Blockstream, the Canadian Bitcoin technologies company, is launching a bitcoin mining facility and mining pool, the firm announced in a blog post Thursday. Blockstream’s mining data center will host its clients’ mining activities in addition to Blockstream’s own mining operations. The mining facility counts Fidelity Center for Applied…