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Crypto Facilitates Money Transfer for Restricted China
14.9.2019
Crypto is not illegal in China, but it is illegal for banks and financial institutions to deal in crypto. It’s also illegal to send or receive over $50,000 in fiat money without government permission. Restrictive banking regulations, international trade wars, and a surveillance state in...
Swiss Crypto Banks Receive Licenses From Financial Regulator
26.8.2019
Two Swiss banks have received a banking and securities dealer licence from the Financial Market Supervisory Authority
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
The Next Big Financial Meltdown Is Around the Corner, Many Voices Warn
25.7.2019
“The economy is looking great,” how many times have they told you that? And why do you usually hear it when you are late on a mortgage payment or during a downsizing purge at your company? Relying on your senses is always a safer bet than trusting the wishful thinking of those...
Side Effects of Economic Growth: Is Snowden Right to Say Bitcoiners Shouldn’t Be Bankers?
1.7.2019
Growth is a goal that’s worth achieving, in most cases, and the current economic paradigm favors it. But when central banks start undermining their fiat economies and crypto companies begin to mimic financial institutions in its name, growth becomes an end in itself with self-destructive...
Santander Loses Appeal Against Brazilian Crypto Exchange, Fine Upheld
17.6.2019
Spanish bank Santander has lost an appeal to a Brazilian court’s decision regarding cryptocurrency exchange Mercado Bitcoin
Dutch Bank ABN AMRO Abandons Wallie Custodial Bitcoin Wallet Citing Risk Concerns
20.5.2019
Plans to launch a custodial bitcoin wallet dubbed “Wallie” has been abandoned by Dutch bank ABN AMRO because of risk concerns