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South Africa’s FNB Bank to Shut Down Crypto Exchange Accounts
South Africa’s First National Bank (FNB) bank has announced that it will be shutting down accounts linked to cryptocurrency exchanges. In the process of cracking down on cryptocurrencies, banks themselves are experiencing the heat of negative interest rates and billions in fraud. дальше »
2019-11-20 14:16 | |
Major South African Bank Closes Crypto Exchange Bank Accounts
FNB, one of the ‘big five’ South African bank is closing down accounts operated by crypto exchanges in the country. The bank, however, says the emergence of clear-cut cryptocurrency regulations in South Africa may trigger a reversal of the policy. дальше »
2019-11-20 12:29 | |
Amid Upheavals Across the World, Bitcoin Still Falls
106 people have been killed in Iran according to Amnesty International in the past few days that have seen a bank being burned. In Lebanon, they have shut down parliament.... The post Amid Upheavals Across the World, Bitcoin Still Falls appeared first on Trustnodes. дальше »
2019-11-20 22:05 | |
Bank of America Shuts Down PayPal ex-Executive’s Account
Coinspeaker Bank of America Shuts Down PayPal ex-Executive’s AccountA former PayPal executive has posted a letter on Twitter of Bank of America closing down his account. The ironic ban was not lost on his followers, however, who criticize PayPal for its own censorship practices. дальше »
2019-11-20 14:09 | |
Oh the Irony: Bank of America Bans Former PayPal Executive
A former PayPal executive has posted a letter on Twitter of Bank of America closing down his account. The ironic ban was not lost on his followers, however, who criticize PayPal for its own censorship practices. дальше »
2019-11-19 17:40 | |
Reports of Protestors Burning Central Bank of Iran the Result of Confusion
Reports of protestors burning down the Central Bank of Iran spread across news outlets on Sunday. The news was met with largely positive responses, particularly among Bitcoin maximalists and gold enthusiasts. дальше »
2019-11-18 11:15 | |
Iranian Central Bank Power of the Public Seen as Protesters Torch
In a stunning video on Twitter, scenes of smoke and flames enveloping a building in Iran are shown as protestors cheer and watch on. The Iranian Central Bank in the city of Behbahan was set ablaze in a powerful show of public power. дальше »
2019-11-18 05:34 | |
China Cracks Down on Crypto Exchanges to Prevent Resurgence of Speculation
Regulators in China have yet again taken to cracking down on cryptocurrency exchanges just weeks after President Xi Jinping publicly promoting the blockchain technology reviving the digital asset speculation. дальше »
2019-11-17 17:34 | |
190 Indian Bank Locations Raided in Massive Fraud Crackdown
India’s Central Bureau of Investigation has reportedly raided over 190 bank locations nationwide in an effort to crack down on fraud involving at least 15 banks. As many as 1,000 officers were involved in what is now one of the largest coordinated searches in India this year. дальше »
2019-11-6 12:03 | |
190 Indian Bank Branches Raided in Massive Fraud Crackdown
India’s Central Bureau of Investigation has reportedly raided over 190 bank locations nationwide in an effort to crack down on fraud involving at least 15 banks. As many as 1,000 officers were involved in what is now one of the largest coordinated searches in India this year. дальше »
2019-11-6 12:03 | |
Why Bitcoin? Bank of America Services Down Across U.S.
According to some, the need for Bitcoin (BTC) and decentralized digital money was just validated as a financial institution in the U. S. has suddenly gone offline. Over the past hour, reports have flooded in from thousands of Twitter users, including an NBC reporter, regarding Bank of America’s services. дальше »
2019-10-30 07:06 | |
Oleg Tinkov “shills” crypto
Big Russian-American businessman Oleg Tinkov, the head of Tinkoff Bank, posted a lengthy post on Facebook with malicious attacks on the blockchain and cryptocurrencies. The reason is obvious difficulties in the implementation of the Libra and TON (Gram) projects. дальше »
2019-10-21 21:20 | |
Gold Bag Holders Down 20% For The Last 7 Years While Bitcoin Up Over 83,000% Since Then
Most recently G7 and the Bank for International Settlements (BIS) in its report on stablecoins called Bitcoin a failure in providing a “reliable and attractive means of payment or store of value.” It further states that crypto assets have served as a “highly speculative” asset class for “certain” investors that engage in illicit activities. Moreover, […] дальше »
2019-10-20 18:00 | |
China Invests Billions After Economy Slows Down, Can Bitcoin and The Crypto Industry Benefit?
After months of trading tensions with the United States, China has perceived that it's economy is no longer growing as much as it once was before. Now, in a swift move, the People’s Bank of China has decided to inject around $28 billion USD into the economy to boost it. The money was pumped into […] дальше »
2019-10-17 01:23 | |
Central bank says Libra must operate like a bank if it’s to launch in UK
The Bank of England‘s (BoE) Financial Policy Committee (FPC) has laid down a set of rules that Facebook‘s Libra and other cryptocurrencies must follow if they are to be launched in Britain. While some question if Facebook’s ‘cryptocurrency’ Libra will ever launch, the BoE‘s FPC did recognize its potential to becoming an “important payment system,” City AM reports. дальше »
2019-10-9 15:12 | |
Blockchain Bank Bankorus’ Is Effectively Shut Down; Investors Have Pulled Out, No More Cash
Overstock’s venture into the blockchain space continues it's downfall after the departure of their ex-CEO, Patrick Byrne. This time Bankorus has shut down. Bankorus is an AI-powered, blockchain-wealth management platform, and security token marketplace built on the blockchain. дальше »
2019-10-9 21:46 | |
Zimbabwe Bans Mobile Cash And Forex But Bitcoin Remains Unknown
Bitcoin proponents are raising awareness of fiat currency alternatives for Zimbabweans after the country’s central bank suddenly banned a popular payment option. Central Bank Halts Mobile Cash Overnight As local news outlet TechZim reported on September 30, the Reserve Bank of Zimbabwe (RBZ) has shut down so-called cash-in, cash-out transactions. дальше »
2019-10-1 19:00 | |
European Central Bank Investigating Stablecoins and a Possible Digital Euro
In a letter addressed to Eva Kaili, a member of the European parliament and a well-known cryptocurrency advocate, the current president of the European Central Bank, Mario Draghi, lays down his views on cryptocurrencies and their future in the banking sector. дальше »
2019-9-28 19:53 | |
Stock Market Strategist Predicts Bullish Run for Dow Jones, S&P 500 into 2020
The stock market may be facing a one-two punch of the whistleblower complaint and the U. S. /China trade war, and the major indices may be down four of the last five days, but don't let that get in the way of bullish long-term expectations. дальше »
2019-9-27 01:53 | |
“The World Will be Forced into Crypto, Just a Matter of When,” as US Prints More Money
Bitcoin following gold while stocks back on the rise Deja Vu? Recession fears rears its ugly head again The Federal Reserve has approved a widely expected interest rate cut but gave few hints of whether further reductions are ahead. дальше »
2019-9-19 19:05 | |
Facebook Was Wooing Regulators Before Controversial Libra Reveal
Facebook sat down with the United Kingdom's finance ministry, the central bank, and other regulatory officials in what was presumably a pre-emptive move to win favor before announcing its own self-titled cryptocurrency, Libra. дальше »
2019-9-20 14:09 | |
ICYMI: Circle CEO Weighs in on China’s Digital Currency Initiative, Facebook’s Libra, and Lunch with Warren Buffett
In a series of interviews over the last week, Circle CEO Jeremy Allaire has weighed in on how China is far ahead of any other country in creating a Central Bank Digital Currency and why that will help lead to the internationalization of the yuan. He has also broken down дальше »
2019-9-14 18:34 | |
ECB: Cryptocurrency Cannot Be Created By Member States, What This Means For Crypto
The European Central Bank (ECB) has attacked plans for an Estonian state-operated cryptocurrency. ECB President, Mario Draghi shut down any talk of the proposal by saying about crypto assets: “No member state can introduce its own currency…The currency of the euro zone is the euro. дальше »
2019-9-12 16:00 | |
Today Marks the 2nd Anniversary of China’s Bitcoin Ban, What Has Changed?
Two years ago, on September 4, 2017, the People’s Bank of China (PBOC) shut down local cryptocurrency exchanges over concerns that unregulated assets like bitcoin allow residents to bypass strict capital controls. дальше »
2019-9-5 22:19 | |
Chinese State Media DENIES Forbes ‘Scoop’ of State Crypto Launch
China is not launching a central bank-backed crypto in November. That’s what Chinese state media outlet the Global Times said, in refuting a Forbes report. Central bank calls report ‘inaccurate speculation’ On Twitter, the Global Times shot down a widely-circulated Forbes story. дальше »
2019-8-31 18:30 | |
New ING Online Survey Reveals Austrians Are The Most Skeptical of Bitcoin and Crypto Assets
A new online pool made by the ING Bank has recently revealed that Austrians are the people who are most skeptical about cryptos, including Bitcoin. According to the new poll, which interviewed people from 15 countries, BTC positivity is actually going down recently, despite the prices going up. According to the findings, only 13% of […] дальше »
2019-8-15 23:58 | |
Swissquote Bank Sees Noticeable Reduction in Net Profits Due to Exit of Crypto Trading Business
An online bank based in Switzerland called Swissquote Bank has recently reported that its net profits went down 14. 3% this year. The main reason for the decline, according to the executives, is that the year saw a significant drop in crypto trading. дальше »
2019-8-7 23:54 | |
Ripple’s Brad Garlinghouse breaks down patent filed by Bank of America and Facebook Libra’s effect
Brad Garlinghouse, CEO of Ripple, has been very vocal about his views on the Libra’s Senate hearing where David Marcus was grilled by lawmakers from all across the U. S. He has also expressed his views on David Marcus’s comments on Western Union and how it was a call-to-action for banks. дальше »
2019-7-23 18:30 | |
XRP & XLM: Down Over 7% This Week, Gain Trading & Custody Support From Falcon Private Bank
Neither XRP nor XLM is doing any good price wise. Both were among the top losers of Q2 of 2019 and H1 2019. In the past seven days, both the cryptocurrencies have been in the red by more than 7 percent and down 90% from their all-time highs. Also, Falcon Private Bank introduced trading and […] дальше »
2019-7-6 18:30 | |
India: As a movement gains momentum, will the country finally turn the tide and embrace cryptocurrencies?
India is a curious case. At first glance, the Asian country is the hotbed of talent in the realms of finance and technology. However, recent regulations coming from New Delhi’s political chambers regularly play spoilsport. дальше »
2019-6-25 17:00 | |
Facebook’s Libra concept sees a half-hearted welcome from Bank of England’s Governor
Ever since Facebook, (the tech giant that taught the world how not to do privacy), unveiled Libra, it has amassed both positive and negative sentiment of both regulators and financial players across the globe. дальше »
2019-6-21 14:15 | |
Censorship Goes Global as Australian Bank Bans ‘Neo-Nazi’ Supremacist
By CCN Markets: One of Australia’s biggest banks this week announced they will be closing down the account of far-right activist Blair Cottrell on the 25th of July. Described by several media groups as a ‘neo-Nazi’, Cottrell posted proof of the closure via his Gab account. дальше »
2019-6-21 13:45 | |
Australia’s Central Bank: It’s ‘Difficult’ to Imagine Mass Adoption of Bitcoin
By CCN Markets: After ten years, the Reserve Bank of Australia has decided that Bitcoin and other cryptocurrencies don’t pose a threat to Aussie dollars or other forms of fiat payment. The RBA concludes, after reviewing everything it knows about cryptocurrency, that it’s “difficult to envisage” an outbreak of Bitcoin users in the down under. дальше »
2019-6-21 10:55 | |
Police in Spain Arrest Fake Bank Card Ring Who Laundered Through Bitcoin
Despite all the legitimate activities that take place within the crypto market, there is the use of tokens such as Bitcoin for the perpetuation of illegal activities that take place across the world and these are being cracked down by law enforcement on a daily basis. One of the latest crackdowns was by the Spanish […] дальше »
2019-6-14 19:35 | |
Chinese Yuan Tumbles, A Break Through $7 Would Get “Bitcoin Bulls Excited”
Since May 13, Chinese Yuan has been trading in a tight range of 6. 90 and 6. 95 which finally broke down and tumbled 0. 5%. The biggest in three weeks to a low of 6. 962 vs the US dollar, the lowest level since November 2018. дальше »
2019-6-8 19:59 | |
Bringing Banking to the Unbanked and Small Companies
Being an entrepreneur in a country rife with inflation and corruption and crippled by economic sanctions can be a stressful business. If the national bank decides to go under and shut down its payment processes, it is likely that your business is going with it. дальше »
2019-6-7 15:17 | |
Op Ed: Bitcoin in Africa, What Needs to Be Done to Encourage Adoption?
Bitcoin has the potential to revolutionize the African continent. Through Bitcoin, millions of unbanked Africans will have access to financial services. These and many more such statements exist across the internet. дальше »
2019-6-1 21:48 | |
55,000 Brazilians scammed out of $200M+ worth of fake cryptocurrency
A Brazilian cryptocurrency crime cartel has been shut down after conning over 55,000 investors for over $200 million. The cartel ran an unlicensed financial institution without authorization from Brazil‘s Central Bank. дальше »
2019-5-22 12:25 | |
EU's Central Bank Breaks Down Its Thoughts On Cryptocurrency
While the European Central Bank found that crypto assets have had a relatively small impact on the financial stability of countries that have adopted the euro, the bank says it's open to at least explore the possibility of a digitally issued euro. дальше »
2019-5-21 18:58 | |
Despite Bitcoin (BTC) Stagnation, Economist Has High Hopes For The Crypto
Bitcoin (BTC) bears slow down In 20-30 years Bitcoin will be money says a BoE Chief Economist Andrew G. Haldane, the Chief Economist of the Bank of England, believes Bitcoin will be money in the next two to three decades. дальше »
2019-5-18 20:00 | |
India: Private sector bank ‘blocks account for cryptocurrency use’; threatens to expunge credit facility
The Indian judiciary and banking elite have made clear their opinion on the use of cryptocurrencies in the past few years. After the central bank came down hard on private banks known to have ties with crypto-centric companies, now these private banks are doing the same to their customers as well. дальше »
2019-5-17 22:08 | |