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Canadian startup Framework Ventures 鈥?the biggest venture capital VC investing firm focusing on blockchain decentralized finance 鈥?raised $100 million for its secon
stanley tumblers d fund, Reuters reported on Friday May 14 .The company says it is the biggest liquidity provider for decentralized finance DeFi undertakings that focus on sidestepping legacy banking to facilitate crypto-denominated lending, according to Reuters. Among those were Curve 鈥?a stablecoin trading platform 鈥?and Uniswap 鈥?a decentralized exchange.U.S. VC firm Accolade Partners was the cornerstone backer for Framework Ventures ; second fund, according to Vance Spencer, the co-founder of Framework Ventures, per Reuters.According to DeFi Pulse data, per Reuters,聽DeFi platforms extended loans totaling $86 billion on Thursday, accord
stanley mug ing to DeFi Pulse data, per Reuters. Thats up some 650 percent from $11 billion in October 2020. The new funding will be used to help advance numerous DeFi projects as well as support several DeFi tokens.The advent of decentralized finance gave birth to new digital credit markets powered by software, programmable contracts and blockchain infrastructure. Circle CEO Jeremy Allaire told PYMNTS CEO Karen Webster that the combination of DeFi and CeFi is a critical trend to watch. 聽The intersection of FinTechs, blockchain-based payments and finance platforms is anticipated
stanley cup to make financial services available to a wider segment of the population, both in the U.S. and abroad. Allaire said he b Pjpy Fitbit Pushes Into Healthcare With Tie-Up To Rival Apple Watch
France, which had vowed to start taxing Google, Apple, Facebook, and Amazon in December if the European Union failed to agree on a digital tax, now says the tax will be implemented on January 1.According to a report in DW, Frances Economy Minister Bruno Le Maire said he hoped
stanley usa the tax will result in France raising $570 million in 2019 alone. I am giving myself until March to reach a deal on a European tax on the digital g
stanley kubek iants, Le Maire had told France 2 television, according to DW. If the European states do not take their responsibilities on taxing the GAFA, we will do it at a national level in 2019. France and Germany had introduced a digital services tax that would cover all of the EU member states but it was vetoed by Ireland, which said it would cause more trade tensions between the European Union and U.S. Ireland also called on the European Union to wait until it receives a tax proposal from the Organisation for Economic Co-operation and Development OECD . Following on the heels of that, France and Germany came up with an alternative plan which included a 3 percent tax on digital advertising from Google and Facebook. Finance ministers asked the European Commission to look at the new proposal and provide findings in January or February, noted the
stanley quencher report.聽 Le Maire said on France 2 television that it is the digital companies that are the ones with the money.聽 The companies make considerable profits thanks to French consumers, thanks to the French market, and they pay
