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Abra News

Abra is a technology and financial company that provides peer-to-peer (p2p) blockchain-based mobile payment services. Before the company implemented Litecoin as the main cryptocurrency for their services in 2018, Bitcoin used to be the main digital currency for transaction processing. Abra, as a blockchain-based application, mostly specializes in storing cash deposits that are available with the Abra wallet, which provides cash transfers between two mobile devices. For that, there are Abra apps available for both iOS and Android. Bank accounts are generally not required in most countries. The company was founded by Bill Barhydt (CEO) in 2014 and currently is headquartered in Mountain View, California. Find out more by following the Abra news.

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As part of its work with the Stellar blockchain, Abra plans to provide global banking features.

Abra Building Banking Solutions on Stellar Blockchain, CEO Barhydt Says

2020-07-18T14:11:57+01:00

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In this week’s newsletter, we look at a series of developments that test the limits of governmental authority over crypto, as well as the contest with social me...

Law Decoded: Pushing the Legal Limits, July 10–17

2020-07-17T21:29:00+01:00

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Abra CEO and founder Bill Barhydt said he sees Bitcoin as a store of value, increasingly distancing itself from mainstream market price correlation.

Abra CEO Agrees With Bitcoin's Role as Digital Gold

2020-07-16T19:22:45+01:00

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U.S. regulators team up to fine and halt a crypto portfolio app offering synthetic exposure to traditional assets, which was not offered to U.S. investors.

SEC and CFTC Fine Crypto Investment App for Offering Synthetic Assets

Andrey Shevchenko

2020-07-13T16:39:00+01:00

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Abra has received $5 million in funding from the Stellar Development Foundation.

Abra Garners $5 Million from Stellar Development Foundation

2020-05-06T21:30:21+01:00

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Payments behemoth Visa has acquired financial technology firm Plaid for $5.3 billion to better connect with fintech applications.

Payments Giant Visa Acquires Fintech Firm Plaid for $5.3 Billion

Adrian Zmudzinski

2020-01-14T10:10:00+00:00

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The Abra crypto investment app is reportedly adding 60 new cryptocurrencies to its platform, effectively trebling the number of supported tokens.

Abra Adding 60 New Cryptocurrencies in Consumer Adoption Push: Report

2019-11-12T14:42:00+00:00

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The integration of DLT technology into messenger apps is expected to drive mainstream crypto adoption, but possibly at the expense of centralization.

Is Blockchain Payments Integration in Messenger Apps Good for Crypto?

2019-08-30T19:46:00+01:00

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