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Access to Banking Services is being considered by Switzerland for Crypto Businesses
Economy & Regulation Crypto companies based in Switzerland may receive access to regular banking services as early as this year. Also read: Swiss Crypto Company Acquires License to Distribute Funds to Investors Banks Expected to Offer Services by the End of the Year In terms of crypto development, Switzerland is now standing at a crossroad. дальше »
2018-7-6 08:31 | |
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Switzerland Considers Granting Crypto Businesses Access to Banking Services
Crypto companies based in Switzerland may receive access to regular banking services as early as this year. Political will and economic wisdom seem to be in place as some government officials and bankers are already working to resolve a serious issue. дальше »
2018-7-6 05:25 | |
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Bermuda Amends Law to Create Banks That Will Serve Blockchain Companies
For years, blockchain and crypto companies have struggled to access banking services, even a decade after Bitcoin was invented. While cryptos have become especially popular in the last two years, the situation hasn’t changed much around the world. дальше »
2018-7-5 17:00 | |
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India’s Bank Account Ban Ineffective as Crypto Exchanges Adapt Quickly
As previously reported by CoinDesk, the Supreme Court held a hearing on Tuesday and said the Reserve Bank of India’s (RBI) circular issued in April will “remain implemented,” which prohibits banks from facilitating fiat transactions on Indian crypto exchanges. дальше »
2018-7-5 11:37 | |
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WazirX CEO Says “All Eyes on July 20 Now” After RBI Cryptocurrency Ban Supreme Court Decision
All eyes were on the Supreme Court of India as it judged the awaited hearing of Internet and Mobile Association of India (IMAI) vs Reserve Bank of India (RBI) on the decision about the decision that the RBI took to forbidden banks on providing services for cryptocurrency traders. According to the decision of the Supreme […] дальше »
2018-7-4 11:12 | |
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Pearl Pay ICO
Pearl Pay is a Virtual Money Logistics System that provides worldclass and yet affordable mobile wallet white-label service for rural banks. Using the latest technology, Pearl Pay will allow rural banks to launch their own virtual prepaid mobile wallet as fast as 30 days. дальше »
2018-7-2 17:20 | |
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Poland Bitcoin Community Files Complaint Against Bank Account ‘Denials’
Poland’s cryptocurrency industry lobby group the Polish Bitcoin Association (PBA) confirmed it has complained to regulators about banks’ denial of services to businesses June 27. Banks ‘Aim To Remove Virtual Currency’ In a statement sent to the Office of Competition and Consumer Protection (OCCP), the PBA cites financial institutions closing and denying bank accounts as proof they “clearly aim at removing virtual currency entities from the market. дальше »
2018-6-30 07:00 | |
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Banks’ Crypto Account Refusals Lead to Polish Bitcoin Association Challenge
An industry group in Poland is attempting to challenge banks that are allegedly refusing to provide services for firms associated with cryptocurrencies. The Polish Bitcoin Association (PBS) has appealed to the Office of Competition and Consumer Protection (OCCP), requesting that the antitrust authority start investigating the alleged restriction of competition. It filed a letter with дальше »
2018-6-29 21:00 | |
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Decentralized Crypto Exchange Trade.io Starts Promotional Campaign With a $100,000 Luxury World Tour as Prize
Trade.io is a crypto exchange that has been designed to provide an efficient, fair and safe marketplace for the trading of digital crypto assets. Based on blockchain, the platform banks on the immensely high speed, security and low cost of operations to provide services that outpace even the best exchanges today. Disclosure: This is a […] дальше »
2018-6-29 16:30 | |
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Swiss Still Bullish on Blockchain – Banks to Ensure Easy Access to Services for Blockchain Companies
Heinz Tannler, the Financial Director of Zug, the crypto valley of Switzerland, has called on the Swiss Bankers Association (SBA) to bring blockchain companies into the traditional banking sector. дальше »
2018-6-28 12:29 | |
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How to Slow Down a Startup: Erik Voorhees’ Hard Lesson
The Let’s Talk Bitcoin Network has added a new show to its lineup, “What Bitcoin Did. ” The WBD podcast is hosted by U. K. -based Peter McCormack, an “accidental Bitcoin and Cryptocurrency investor, miner, blogger and podcaster. дальше »
2018-6-26 20:34 | |
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Bitcoin Traders in Ireland Accuse Banks of ‘Cryptocurrency Profiling’
It is not a happy time for Bitcoin brokers in Ireland. Reports indicate that Irish banks are denying financial services to cryptocurrency traders. As a result, many are forced to either shutter their operations or open accounts with foreign banks. дальше »
2018-6-21 23:00 | |
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Huge Philippines Bank Bored Of SWIFT, Perhaps Stellar Is The Solution
Reports out today discuss how the Rizal Commercial Banking Corporation (RCBC), one of the top 10 banks in the Philippines is falling out of love with SWIFT, its current remittance service provider. дальше »
2018-6-21 14:00 | |
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Cryptocurrencies Could Make Banks Obsolete, Says Malta Bankers Association Head
As Malta cements its position as major cryptocurrency hub in the global landscape Marcel Cassar, the new Malta Bankers Association (MBA) Chairperson weighs in with his views on the sector. Cassar points to new technologies presenting opportunities in his interview with The Malta Independent, noting that Malta faces important tests including the first International Monetary Fund (IMF) Financial Sector Assessment Programme for Malta since 2003. дальше »
2018-6-19 11:00 | |
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Blockchain futures to invest in future when trying to win the banks and entire governments
Ripple is also known for the active promotion of its products and its customer-oriented approach. Ripple claims that these technologies can reduce the costs and speed up international money transactions. дальше »
2018-6-18 13:07 | |
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XRP is Not Being Used By Banks, Ripple Exec Says
Ripple chief cryptographer David Schwartz has said the company’s payment system “is not a distributed ledger,” while revealing doubts from banks about Blockchain. ‘We Haven’t Gotten There Yet’ In comments to Reuters June 13, Schwartz went on record to “concede” the company “hasn’t gotten there yet” regarding banking uptake of its services. дальше »
2018-6-14 21:00 | |
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The CEO says that Western Union will not be added to the Crorero Transfer subsidiary
Western Union Co. CEO Hikmet Ersek said the global money transfer service will not add a cryptocurrency transfer solution to its services anytime soon, MarketWatch reported June 13. People aren’t paying their hospital bills in cryptos. дальше »
2018-6-14 07:54 | |
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India's Central Bank Admits to Banning Crypto Accounts Without Research
]In a fresh new twist, the Reserve Bank of India (RBI) has admitted to issuing its ban on cryptocurrency-related accounts spontaneously, without taking time to study and understand how cryptocurrencies work. дальше »
2018-6-13 23:40 | |
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India’s Central Bank Carried No Research Prior to Banning Crypto Bank Accounts
India’s Central Bank has admitted they undertook no research prior to issuing a notice on April 6th 2018 prohibiting banks from offering services to crypto-exchanges. In a request for information. дальше »
2018-6-13 16:51 | |
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Coin Exchange Buda Subject of Sudden Banking Embargo in Colombia
Exchanges Major Latin American bitcoin exchange, Buda, recently suddenly become the subject of a banking embargo in Colombia, according to local reports. Buda similarly experienced the termination of its Chilean banking services in March of this year. дальше »
2018-6-13 09:13 | |
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Crypto Exchange Buda Subject of Sudden Banking Embargo in Colombia
Major Latin American bitcoin exchange, Buda, recently suddenly become the subject of a banking embargo in Colombia, according to local reports. Buda similarly experienced the termination of its Chilean banking services in March of this year. дальше »
2018-6-13 07:40 | |
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Report: Banks Are Spending $1.7 Billion Each Year on Blockchain
Adoption of the blockchain within the financial services industry is on an intense upward trajectory, according to the findings of management consulting company Greenwich Associates. They have found that the industry is spending about $1. дальше »
2018-6-13 05:00 | |
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Report: Suspicious Transactions at Korean Exchange Coinrail Months Before Hack
Following the announcement by South Korean crypto exchange Coinrail that it has been hacked, a local publication reported that some banks had identified suspicious transactions at the exchange and stopped providing services to company months before the incident. дальше »
2018-6-13 03:40 | |
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Wells Fargo Halts Credit Card Cryptocurrency Purchases
Wells Fargo & Company, a San Francisco-based financial services giant, announced recently that it will no longer allow cryptocurrency purchases using its bank-issued credit cards. Joining the Ranks U. дальше »
2018-6-12 21:00 | |
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Swiss Bank to Allow Business Accounts for Crypto Companies
Switzerland’s mortgage bank Hypothekarbank Lenzburg (Hypi) has announced that it will open business accounts for crypto companies. While cryptocurrency and blockchain technology have been widely accepted in Switzerland, the banks have not been as friendly. дальше »
2018-6-12 22:22 | |
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SEC Chairman: Cryptocurrencies Like Bitcoin Are Not Securities, but Most ICOs Are
U. S. Securities and Exchange Commission (SEC) chairman Jay Clayton states that the SEC will not be bending the rules anytime soon when it comes to cryptocurrencies and that while bitcoin remains a commodity, all initial coin offering (ICO) tokens — or coins offered through a fundraising process — classify as securities. дальше »
2018-6-11 22:23 | |
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