Bank from US Wells Fargo Just Bans Crypto related purchase with Credit Card

2018-6-13 11:22

San-Francisco-based bank Wells Fargo has declared that it will ban its customers from purchasing cryptocurrency using its credit cards, Fortune reported on June 11. The third largest bank by assets in the US, Wells Fargo said that its customers are now forbidden from purchasing digital currency on their credit cards issued by the financial institution. […]

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Switzerland Vetoes ‘Sovereign Money’ Ballot Which Analysts Correlate to Bitcoin

Switzerland voted against the so-called “sovereign money” referendum Sunday, June 10 – a proposal for a financial system that multiple commentators have compared to cryptocurrency. Sovereign money is an initiative that would give the country’s central bank sole control over creating money, instead of continuing to allow commercial banks to “create” money for credit and

2018-6-11 22:08