Month: February 2018
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New York Fed’s Money and Payment Studies on Cryptocurrencies
Bitcoin and other “cryptocurrencies” have been much in the news lately, in part because of their wild gyrations in value. Michael Lee and Antoine Martin, economists in the New York Fed’s Money and Payment Studies function, have been following cryptocurrencies and agreed to answer some questions about digital money. Q: Let’s start simply. What even…
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MoneyGram and GCash Drive Financial Inclusion in the Philippines
New partnership strengthens MoneyGram’s digital business in the region MANILA, Philippines, Feb. 7, 2018 /PRNewswire/ — MoneyGram (NASDAQ: MGI) and GCash, the mobile wallet and micropayment arm of Mynt, announced today a new partnership to drive financial inclusion in the Philippines. Millions of GCash users can now receive money from over 200 countries and territories on their mobile wallet and use the…
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Pi Capital Advises U.S.-Based Multibillion-Dollar Private Investment Platform on Renewable Energy Acquisitions in Brazil
NEW YORK, Feb. 6, 2018 /PRNewswire/ — Pi Capital’s affiliated broker-dealer, Marco Polo Securities Inc. is pleased to announce that it advised Vientos Solutions LLC on the acquisition of controlling interests in two photovoltaic solar generation projects in the State of Bahia, Brazil – SPE Assuruá Geradora de Energia Solar S.A. and UFV Verde Vale III, Ltda. Terms of the…
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Investors Beware: Equity Valuations Are Only Relative Equity Valuation: Science, Art or Craft?
CHARLOTTESVILLE, Va., Feb. 5, 2018 /PRNewswire/ — Investors don’t want to pay too much for their investments, but can they really know if the actual market price of a stock — or of stocks in general — is fair value? A new publication by the CFA Institute Research Foundation, Equity Valuation: Science, Art or Craft?, addresses this question, not only…
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Big Book Accepting Bitcoin for NFL Title Game Wagers With Same-Day Payouts
SAN JOSE, Costa Rica, Feb. 2, 2018 /PRNewswire/ — The online service Big Book is announcing the launch of an unprecedented BitCoin Sportsbook experience that offers live wagering of the NFL Championship game with the surging cryptocurrency. According to the creators of the one-of-a-kind service, the biggest advantage for users is not having to worry about chargebacks from large financial institutions. In addition, the…