Blockchain
RACE-CAP™ Launches RACE-PAY™, the First of Its Digital Money Apps for Everyone
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RACE-CAP Inc. (“RACE-CAP”), a global blockchain-based solutions developer, today announced the launch of RACE-PAY, the first of RACE-CAP’s apps designed to give the world easier access to digital money (“Money Apps”).
RACE-PAY will simplify the management of both traditional and digital currencies. It is intended to enable anyone with a bank account to send and receive funds, exchange money, and even make investments – all in one app – quickly and securely. The app will include the ability to send money within an internal chat window in addition to a news and information portal. Not all features will be available in the initial release, as RACE-CAP is committed to ensuring that it operates in compliance with regulations in the marketplaces it will serve. Additional features will be added as the product is systematically upgraded.
“The emerging world of digital money is difficult for most people to navigate,” says Arthur Davis, Chairman and CEO of RACE-CAP. “RACE-PAY starts to bridge the gap between the old and new economies.”
With its easy-to-use and intuitive interface, RACE-PAY helps people new to the leading digital currencies transition from traditional to digital assets, so they can participate in the fast-growing new financial reality.
RACE-CAP’s mission is to bring the performance advantages of blockchain technology to individuals and businesses everywhere, by creating global digital Money Apps and a proprietary network to power them.
“I founded RACE-CAP to empower everyone to achieve economic freedom through easy access to the blockchain technologies of the future, based on today’s digital economy,” said Arthur.
“Through the development of a suite of vertically integrated, desktop and mobile-based products and services, RACE-CAP intends to bring ‘Blockchain to Life’
and aims to set the standard in the blockchain-based digital asset industry.”
RACE-CAP welcomes everyone to register now at www.race-cap.com to be notified as soon as RACE-PAY becomes available for download from the Android and Apple App stores – and learn of other products and services as they become available.
SOURCE RACE-CAP
A recent warning from the FBI regarding a crypto money transmitter seems to be aimed at the Samourai Wallet. This development highlights the increasing scrutiny and regulatory challenges faced by privacy-focused cryptocurrency wallets and services.
The FBI warning raises concerns about the use of certain cryptocurrency wallets that prioritize user privacy and anonymity, potentially enabling illicit activities such as money laundering and terrorist financing. While the warning does not explicitly name any specific wallet or service, the language used suggests that the Samourai Wallet may be the target of the advisory.
Samourai Wallet is known for its focus on privacy and security features, including coin mixing and stealth addresses, which aim to enhance user privacy and protect against surveillance and tracking. However, these features have drawn the attention of law enforcement agencies and regulators, who are increasingly concerned about their potential misuse by criminals.
The FBI warning underscores the challenges faced by privacy-focused cryptocurrency wallets in navigating regulatory compliance and law enforcement scrutiny. While these wallets aim to empower users with greater control over their financial privacy, they must also address regulatory requirements and law enforcement concerns to avoid legal and reputational risks.
As the cryptocurrency industry continues to evolve, privacy-focused wallets like Samourai Wallet will need to strike a balance between privacy and compliance, ensuring that they can provide robust privacy features while also addressing regulatory concerns and maintaining transparency with authorities. This delicate balance is essential to foster trust and confidence among users and regulators alike, ultimately enabling the continued growth and adoption of privacy-enhancing technologies in the cryptocurrency space.
Source: cointelegraph.com
The post FBI warning against crypto money transmitters ‘appears’ to be aimed at mixers appeared first on HIPTHER Alerts.
Blockchain
Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets
Pantera Capital is reportedly planning to raise $1 billion for a new fund that offers exposure to various crypto assets, as reported by Blockchain.News. This ambitious fundraising initiative underscores Pantera’s continued confidence in the potential of the cryptocurrency market and its commitment to providing investors with diversified investment opportunities in the digital asset space.
The new fund from Pantera Capital aims to capitalize on the growing demand for exposure to cryptocurrencies and blockchain-based assets among institutional and retail investors. By offering a comprehensive portfolio of crypto assets, the fund seeks to provide investors with access to a wide range of investment opportunities, spanning cryptocurrencies, tokens, and other digital assets.
Pantera’s decision to raise $1 billion for the new fund reflects its optimistic outlook on the long-term growth prospects of the cryptocurrency market. With increasing mainstream adoption and institutional interest in cryptocurrencies, Pantera sees significant potential for value creation and capital appreciation in the digital asset space.
As one of the leading blockchain-focused investment firms, Pantera Capital is well-positioned to attract capital from investors seeking exposure to the cryptocurrency market. The firm’s track record of successful investments and its experienced team of investment professionals are likely to bolster investor confidence and support for the new fund.
Pantera Capital’s plans to raise $1 billion for its new fund underscore its commitment to driving innovation and growth in the cryptocurrency market. As the fund attracts capital and deploys it into promising investment opportunities, it is poised to play a key role in shaping the future of the digital asset ecosystem.
Source: blockchain.news
The post Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets appeared first on HIPTHER Alerts.
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