Crypto Market Leaders Share Their Worst Banking Experiences

2019-11-17 13:00

Many of the people working in the cryptocurrency industry had a negative banking experience. Some were prevented from accessing their funds while others lost their accounts. It’s no surprise that many people are working hard to disrupt the banking industry.

Many of today’s leaders in the cryptocurrency space were victims of poor banking. To some, […]

The post Crypto Market Leaders Share Their Worst Banking Experiences appeared first on CCN Markets

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Источник: ccn.com

banking many → Результатов: 126

Bitcoin Lacks Monetary Properties and Is ‘Pure Speculation,’ Says Ex-ECB Chief

Like many representatives of the current financial system, the former European Central Bank (ECB) president is not so keen on Bitcoin. Jean-Claude Trichet dismisses cryptocurrency as “pure speculation.

2019-11-11 04:20	News
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Swell 2019: How bKash Makes Banking Accessible to 36 Million in Bangladesh

Citizens of Bangladesh face large financial challenges. More than one third of the population lives below the poverty line and too many have little to no access to services at traditional financial institutions.

2019-11-8 13:48	Views
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Meet Dona Rinon: Treasurer at the NEM Foundation

Dona has a bachelor’s degree in computer engineering from AMA University in Makati, Philippines. Her 20 years of experience has seen her work in many different areas including engineer consultancy, banking, customer service, and research.

2019-11-8 13:25
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Belarusian Bank Gets the Go-Ahead to Service Crypto Investors

A bank in Belarus has effectively gotten the green light to process transfers related to digital assets. DFS, an affiliated company of Belveb Banking Holding’s member VEB Technologies, was recently registered as a resident of the High Technologies Park.

2019-10-24 00:00	#tokens
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Banks At Risk of Extinction Shows Why The World Needs Bitcoin

Bitcoin was designed to remove the monopoly banks have over the world’s wealth and put the control back into the hands of individuals, among many other reasons. A new, damning report on the weakness of the banking industry serves as a powerful example as to why the world needs Bitcoin.

2019-10-23 22:00
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N26 Digital Bank Passes 1M Customers in France — What Does It Mean for Cryptocurrencies?

N26 recently hit the 1M customer milestone in France. The German ‘neo-bank’ is betting big on digital banking — an idea which overlaps with the promise of cryptocurrencies. The banking world is going digital.

2019-10-12 15:15	France
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New Evidence Escalates Panic as RBI Still Limits Bank Withdrawals

Customers of a cooperative bank with 137 branches across India still do not know the fate of their money, which was restricted by the central bank. Evidence of alleged bank fraud has since surfaced, but the RBI still insists that India’s banking system is safe, despite many citizens being unable to withdraw their money.

2019-10-2 13:05
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The Banking Industry Cashes in on the Crypto Craze

In the infancy stages of cryptocurrency development, banks were outwardly hostile towards digital currency. However, the widespread adoption of blockchain-based technology for processing financial transactions quicker, safer, and more efficiently has led to a rethinking of traditional thought processes among notable banking giants.

2019-10-1 10:59	Industry
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Will the Crazy 4Chan Bitcoin Price Prediction Hodl True for October at $16,000 BTC/USD?

Many crypto enthuasists are banking on the infamous 4chan bitcoin price prediction to be right again for the third time in a row in the 2019 calendar year. A screenshot of a comment made on January 21, 2019 that correctly predicted bitcoin’s price twice already has been going around and is being hailed as the […]

2019-9-30 21:35	Bitcoin (BTC) Price
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‘IAMAI vs RBI’ case: RBI’s aims to justify banking ban legally, keeping crypto sentiment aside

The Reserve Bank of India had restricted the banks from processing any cryptocurrency transactions, that caused inconvenience to many crypto holders in the country. Following this ban, many took to the legal route and filed a petition against this ban, which is being heard in the Supreme Court of India.

2019-9-22 14:00	Trading View
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Why Bitcoin? Part 4: Banks Versus The World

In this series on Bitcoin and money, Crypto Briefing takes a deep dive into the complexities of the modern monetary system and how Bitcoin, as the ultimate hard money, can serve as a solution to many of its problems.

2019-9-14 20:52
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Why the Birth of Bitcoin Can Be Traced Back to 1971

The world economy is a complex system that has undergone many different phases in the past century. As strange as it may sound today, there have been times when banking crises were rare, pay was rising alongside productivity, and the U.

2019-9-1 11:30
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Crypto Can Boost Indian Economy – How Banning Will Hurt it

The Indian economy is experiencing severe economic slowdown not seen in many years, and cryptocurrency can potentially help. However, the government is considering a draft bill to ban cryptocurrencies, which could have undesirable consequences on the economy.

2019-8-29 09:03	Wazirx
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Another Case For Bitcoin as Billions Vanish From Savings Accounts Ghana

As many as 70,000 people could be facing financial ruin as a massive crackdown sweeps across Ghana’s banking system. It serves as yet another stark warning that governments and banks are in full control of people’s money.

2019-8-20 18:00	SEC
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RBI Defends Its Power Over Crypto in Indian Supreme Court

The Indian supreme court heard the case against the crypto banking restriction by the Reserve Bank of India (RBI) in detail Tuesday. After many arguments challenging the RBI’s power over crypto were presented, the counsel for the central bank began making the case against cryptocurrency.

2019-8-20 15:02	Virtual Currency
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Israeli Crypto Traders Fight Bank Lockouts with a Freedom of Information Petition

Several Bitcoin and crypto traders of Israel are facing a problem with banks right now. Many banks are not very sympathetic with crypto traders and are closing their accounts. This has prompted several of them to start a series of lawsuits against the banking institutions, the Globes has recently reported. The problems are pretty varied. […]

2019-8-20 22:47	Trading & Investing
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RBI’s Power Over Crypto Challenged at Length in Indian Supreme Court Today

The Indian supreme court resumed hearing the writ petitions against the banking restriction by the central bank, the Reserve Bank of India (RBI), on Wednesday. Many issues were discussed, ranging from the legality of the RBI action to the classification of crypto assets and how each country regulates them.

2019-8-14 12:25	Virtual Currency
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RBI’s Power Over Crypto Challenged at Length in Indian Supreme Court

2019-8-15 12:25	Virtual Currency
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Bitcoin Now the World’s Eleventh Largest Money Supply

Bitcoin has grown exponentially over its decade long existence. So much so that it is now the eleventh largest form of finance on the planet, larger than currencies of many powerful nations. Bitcoin Banking Without a CEO With a market capitalization of just over $200 billion, Bitcoin is now larger than the money supply of.

2019-8-8 16:00
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Did Linus Torvalds Invent Bitcoin?

May 3rd 2007. As the first rumors of overextended lending in banking appeared on late night TV, a speech was being given that in many ways describes bitcoin, the breakthrough... The post Did Linus Torvalds Invent Bitcoin? appeared first on Trustnodes.

2019-7-29 21:23	Editorial
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Legendary Investor Outperforms Market by Banking on Bitcoin

Bill Miller, CIO and Chairman at Legg Mason, has set his fund up for a 46 percent yearly gain with bets on Amazon, Avon, and Bitcoin. Miller has declared his fascination and belief in the genesis cryptocurrency but declined to comment on fund performance or specific assets.

2019-7-27 23:00	Stocks
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Bitcoin’s ‘realized market capitalization’ at an all-time high as price continues to suffer following Libra’s Senate hearings

Bitcoin’s massive plunge in valuation recently has shook the cryptocurrency market. The world’s largest cryptocurrency falling below the decisive $10k support following Libra’s ‘interrogation’ before the United States’ Senate Banking Committee has many analysts doubting their bullish predictions.

2019-7-18 03:30	News
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Blockstream’s Samson Mow targets Facebook’s Libra; claims David Marcus has no idea of what he is building

Facebook’s latest venture into the cryptospace has encountered a lot of debate and criticism, since the day it was first introduced. The contentious Libra project led by 28 corporate giants including Facebook, has been touted as a “centralized digital crypto” by many skeptics.

2019-7-18 00:30
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Libra’s Swiss detour: FDPIC claims to have not been contacted by ‘promoters of Libra’

Despite David Marcus’s repeated assurances regarding Facebook’s keenness to cooperate with regulators of every country, the project failed to escape the latest grilling by the Senate Banking Committee.

2019-7-17 14:00	News
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Tough Crowd: Senators Compare Facebook’s Libra To Arsonists And Bond Villains

Markets are down, and so are the spirits of many cryptocurrency investors. But no matter how bad your portfolio looks, it’s probably less bruised than David Marcus, Facebook’s lead for the Libra cryptocurrency, after today’s dressing-down from U.

2019-7-17 00:09	US regulation
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Banks, financial institutions unlikely to disappear despite disruption by digital assets

The cryptocurrency landscape has always been closely scrutinized, with its cons highlighted by several lawmakers across the world. While conceptualized as a decentralized alternative to mainstream banking and financial institutions, cryptocurrencies today have emerged to become more than just a payment option.

2019-7-16 18:30	News
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AIGO Protocol ICO

At present, there are many obstacles that prevent the purchase of goods with cryptocurrency if the holder does not convert to fiat currency. Adopting many crypto payment networks such as AIGO-Payment can result in cryptocurrency holders being able to transact directly with traders without having to go through additional banking layers.

2019-7-6 10:33
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“We Are Not Replacing Swift”, Ripple’s Head of Global Banking, Marjan Delatinne Affirms

The recently concluded blockchain summit in London had more than a few people in attendance with over 100 speakers. There were representatives from some of the world’s biggest firms including Citibank, Maersk, FedEx, IBM, Hyperledger and so on who all spoke on many issues regarding blockchain technology and its use as well as adoption.

2019-7-3 22:01	SWIFT
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Netflix’s Next Cryptocurrency Documentary is all about Altcoins

U. S. streaming giant Netflix is reportedly set to launch another cryptocurrency-themed documentary, this time focused on the altcoin market. The documentary will be a follow up to the “Banking on Bitcoin” edition released back in 2017.

2019-6-29 09:00	vitalik buterin
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eToro’s developers appear positive after test driving Facebook’s Libra blockchain

Facebook overwhelmed the crypto community with its Libra project and left the financial institutions to cope with the meteor that might replace the traditional banking system. With its whitepaper, Libra established itself as a global currency and a financial infrastructure that would empower its users.

2019-6-21 16:15	News
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Simplex CEO: Crypto Could Help Improve, Not Replace, Banking Efficiencies

The rise of cryptocurrency has forced many both within and outside the crypto industry to reconsider the current financial systems that have existed in the past and whether they can continue to exist within the future.

2019-6-21 22:07	Cryptocurrency News
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Can Facebook’s Libra Influence the Bitcoin Price?

Coinspeaker Can Facebook’s Libra Influence the Bitcoin Price?Facebook's release of Libra white-paper raised a lot of awareness in the cryptocurrency and traditional banking communities.

2019-6-20 13:29
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3 years later, Visa’s blockchain-powered payment network finally goes live

Visa’s blockchain-powered B2B payments product has finally gone live after almost three years in the making. First made public in October 2016, the Visa B2B Connect network is being made available in 30 markets, with plans to expand to as many as 90 territories by the end of the year.

2019-6-12 13:09	hard fork
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Stablecoin Cryptocurrencies: Another Look at the Good, Bad and Ugly of Fiat Tokens

Another Look at Stablecoins When cryptocurrencies like Bitcoin were first hitting the digital world from their respective white papers, we were residing in a time of financial turmoil. With the financial crash of 2008/9 destroying (for many) the trust of the people in major banking institutions.

2019-6-3 09:15	Stablecoins
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Op Ed: Lightning Network Consensus Is a Marketplace and That’s Okay!

To Bitcoin or Not to BitcoinDuring the “scaling debate” before the SegWit2X user-activated soft fork (UASF), Bitcoin businesses were getting their first bitter taste of Bitcoin’s censorship resistance.

2019-5-21 21:10	Payments
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Ripple Insights on Why Blockchain Needs to be More Than Just a Technology with ‘Potential’…

Many of our readers may have heard people saying that the blockchain industry has a lot of potential and that moving forward, peer-to-peer payment systems and smart contract solutions based on this technology could help rid the world of large banking conglomerates and other centralized institutions. However, as things stand, we only have a handful […]

2019-5-17 18:54	Ripple (XRP)
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5 ways AI is revolutionizing how we handle money

From the days when our ancestors exchanged bartered cattle for grain to the era of mobile banking, the finance and payments industry has evolved in parallel to technological advances in printing, construction, communications, and computers.

2019-5-7 17:01
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The Big Weights Are Sparring About The Future Of Crypto, And It’s Getting Very Interesting

Ever since cryptocurrencies broke into the mainstream market, many traditional banking institutions have tried every trick in the dirty book to discredit the new digital currencies and portray them as inefficient in a normal global market.

2019-5-2 09:52	Cryptocurrency News
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“Holders Are Not at Risk”: Bitfinex Lawyer Responds to NY Attorney General

Bitfinex and Tether’s legal counsel has written a response to the New York Attorney General’s (NYAG) ex parte order, which claims that Bitifinex used Tether’s reserves to cover some $850 million in losses.

2019-5-1 01:22	Law & justice
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Bitfinex Faces Legal Action From NY Attorney General: Here’s What This Means

The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million.

2019-4-27 01:30	Law & justice
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Nicolas Maduro urges wider purchase of Petro [PTR] as crypto-adoption surges in Venezuela

Nicolas Maduro, the President of Venezuela, introduced Petro [PTR] in 2018 to “revive” the nation’s crumbling economy. The launch of the state-backed cryptocurrency was speculated by many to be an attempt at dodging economic sanctions imposed by the US, since banking institutions had been widely affected by them.

2019-4-26 12:45	Venezuela
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‘Bitcoin’ will be a regulated economy’s banking system, says Bitcoin SV’s Craig Wright

Many cryptocurrency proponents envision a world without the traditional banking system. Not Craig Wright though. nChain’s Chief Scientist is of the opinion that Bitcoin “doesn’t stop banking.

2019-4-15 18:00	News
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Indian Crypto Exchanges Share What Sets Their P2P Platforms Apart

Many cryptocurrency exchanges in India offer some kind of peer-to-peer (P2P) trading. News. Bitcoin. com talked to several of them to find out what is unique about each platform, most of which were launched in response to the banking restriction imposed by the country’s central bank.

2019-4-5 09:56
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How to Create and Send Cryptocurrency Invoices

For many companies, entrepreneurs and freelancers working in the crypto industry, accounting is an essential part of their day-to-day business activities. A number of platforms now offer services tailored to meet those needs including features such as cryptocurrency invoicing.

2019-4-4 09:58
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Experimental Lightning Protocol Ready For Emerging Exchanges While Others Focus On Altcoins

Experimental Lightning Protocol Ready For Emerging Exchanges Smaller, emerging exchanges are banking on The Lightning Network protocol even though it is not considered stable enough for retail use by many larger exchanges.

2019-3-28 21:10	News
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Dogecoin (DOGE) could replace credit card companies in the long run

The idea of cryptocurrency disrupting the world financial system is not far-fetched. In fact, as crypto goes mainstream, banking as we know it today may cease to exist. Cryptocurrencies could do to banks what the internet did to the mainstream media.

2019-3-27 14:54	Dogecoin (DOGE)
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“Ripple” of China? Ultrain Is Leading a New Era of Public Blockchain

As Ripple emerges as the latest form of global transaction company, it continues to shine as one of the world’s top blockchain projects. Ripple’s accomplishment is a result of strategically building its implementation of blockchain technology to service existing financial tycoons and banking corporations.

2019-3-25 20:06	Press releases
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Op Ed: With Bitcoin, Anarchy Is the Point, Not the Problem

Last week, there was a panel at SXSW that was effectively a debate on the merits of permissioned blockchains versus permissionless systems like Bitcoin. I listened to the entire audio of the panel discussion, after Programming Bitcoin author Jimmy Song tweeted it out the other day, and I thought he did an awesome job of pointing out the key value proposition of Bitcoin and why it is not worth comparing to permissioned systems.

2019-3-23 17:29	Op-ed
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Avaloq Wealth Management Banking Software Firm Joins the Ethereum Enterprise Alliance (EEA)

Avaloq is among the most significant international software service providers at the moment. The Fintech Company is also a business process service provider (BPaaS) serving many wealth managers and multiple banks.

2019-3-21 05:51	News
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Binance’s CZ open to reviewing offers to sell controlling stake

Binance founder Changpeng Zhao says he is open to reviewing offers for his controlling stake in the exchange. Changpeng Zhao, the founder of crypto giant Binance, appears to be open to offers to sell his controlling stake in the exchange.…

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2019-11-17 13:00

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