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Barclays Is No Longer Banking Coinbase
14.8.2019
Barclays is no longer banking Coinbase, resulting in delayed fiat withdrawals and deposits for the crypto exchange's U.K. users
New Zealand’s ASB Bank Takes Stake in Trade Finance Blockchain Startup
13.8.2019
ABS has invested a "significant" amount in TradeWindow, a startup working to put trade finance on a blockchain
New Zealand Bank ASB Invests in Local Blockchain Trade Platform
13.8.2019
NZ Bank invests in DLT-based platform to streamline global trade
Big Banks Enabled Jeffrey Epstein’s Sex Trafficking Crimes
13.8.2019
Unlike the unfounded narrative that cryptocurrency enables crime, big banks are more than happy to serve unsavory clients if it is lucrative enough for them. The latest example of this is a report that Jeffrey Epstein was apparently using his bank accounts to fund sex trafficking and possibly other...
China’s Central Bank ‘Close’ to Launching Official Digital Currency
12.8.2019
An official at China's central bank has said the institution is nearing the launch of its national digital currency
China’s Digital Currency Is Ready, Central Bank Says
11.8.2019
The People’s Bank of China says a prototype of its digital currency has been fully developed, and it is now ready to launch
Digital Yuan: Weapon in US Trade War or Attempt to Manipulate Bitcoin?
9.8.2019
Six years after beginning to research digital technologies, China has finally decided to accelerate the development of a state cryptocurrency
Disgruntled Bitcoin Investor Brings $22.5M Class Action Suit to Israeli Bank
9.8.2019
A Bitcoin investor is filing a multimillion-dollar class action suit against a bank that refuses to accept Bitcoin-financed deposits
This Tiny Bank Gave Bitcoin to Its Entire Staff. Now It‘s Taking Crypto Clients
9.8.2019
Quontic, a small bank in New York, has started working with crypto firms, joining the very short list of institutions to embrace the sector
Operation Food Search Gets $30,000 Donation from Bank of America
9.8.2019
As everyone knows, homelessness and hunger are problems that affect not only the poorer nations of the world but also in highly developed countries like the United States. Over the past decades, plenty of nonprofit organizations have come into existence which is involved in fighting against hunger...
Big Banks, Big Troubles: HSBC, Deutsche, Societe, and Citi Lay Off Thousands Worldwide
9.8.2019
Banking giants are in trouble and it’s starting to show. Key players in the industry have already announced massive job cuts and executives with hefty salaries have been dismissed. HSBC, the largest bank in Europe, has revealed it plans to lay off over 4,000 employees and Citigroup...
Developers Reveal Sandbox Video Game Powered by Bitcoin Cash
8.8.2019
On August 7, developers from the team Block Hop announced a new sandbox game powered by the Bitcoin Cash (BCH) blockchain. The gaming software called Realmx is a “next-generation” game that uses blockchain technology, extensible crafted items, and online gaming to create unique...
Novogratz’s Crypto Bank Galaxy Digital Invests in Digital Asset Lender
8.8.2019
Cryptocurrency commercial bank Galaxy Digital provided funding to digital asset lender DrawBridge Lending
Indian Supreme Court Heard Crypto Case in Depth Today
8.8.2019
The Indian supreme court finally heard the crypto case today after postponing it several times. The court addressed the government’s crypto policy as well as the writ petitions challenging the banking restriction by the central bank. The latter was heard in some detail while the former...
3 Reasons Bitcoin Is Turning Into a Global Safe Haven for Investors
8.8.2019
Bitcoin price will go higher, say analysts, as central banks around the world continue the interest rate race to the bottom
Owning Fiat Just Got More Expensive – NIRP Strikes Again
8.8.2019
With the recent Union Bank of Switzerland (UBS) announcement that even more customers will be charged to hold money in their banks, people are scrambling to find ways to preserve their wealth, while USB and others scramble to dam the losses resulting from national negative interest rate policy...
Commerzbank Decides to Lift Loan Provisions due to ‘worsening’ Economic Conditions
8.8.2019
The German economy, which is the largest in Europe and one of the largest in the world, has been going through growing pains over the past few quarters. In such a situation, the country biggest banks have also had to go through their share of pain, and in this regard, banking giant Commerzbank...
Standard Chartered Completes First Transaction on Oil Industry Blockchain Platform Voltron
7.8.2019
Standard Chartered Bank has completed the first international letter of credit transaction on the oil industry blockchain platform Voltron
Currency War Erupts as US and China Bring Out the Big Guns
6.8.2019
What started out as a trade dispute between the world’s two largest economies is now a full-blown currency war as the U.S. and China bring their big guns to the battlefield. The impact on the global financial markets was immediate and severe, driving up safe-haven assets as ordinary people...
Experts Say Mexico’s Regulations Raise the Bar ‘Too High’ for Crypto Entrepreneurs
5.8.2019
New laws are strangling crypto startups before they can begin to trade