Major UK bank NatWest won’t serve businesses dealing in crypto

2021-4-22 13:00

National Westminster Bank (NatWest), a major retail and commercial bank in the United Kingdom, will stop serving any businesses that accept or otherwise transact cryptocurrencies, news daily The Guardian reported yesterday.

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Источник: cryptoslate.com

bank businesses → Результатов: 126


Фото:

UK Authorities Get Serious with Stablecoins, Set to Unveil Regulatory Framework 

The government of the United Kingdom is making active plans to transform the nation’s financial ecosystem and ultimately make the region a hotbed for innovative businesses. The government says it plans to formulate amenable regulations for stablecoin initiatives and central bank digital currencies (CBDCs), according to a statement November 9, 2020.

2020-11-11 22:00


Coinbase Commerce Attempts at ‘Be Your Own Bank’ & Launches a Self-Custody Crypto Wallet

Coinbase has released Coinbase Commerce to allow businesses and merchants to accept cryptocurrencies. “With Coinbase Commerce, we’re building the most trusted and secure way for merchants anywhere in the world to accept cryptocurrency payments, and in turn, enabling more ways for customers to spend their crypto,” said John Zettler, Senior Product Manager at Coinbase.

2020-10-14 23:54


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Australian Banks Partner with IBM on Trade Guarantee Project 

A consortium of big Australian banks has successfully conducted a blockchain-based pilot with over 20 Australian businesses and IBM, according to a report. Australian banks look to blockchain IBM public cloud Lygon blockchain platform has successfully conducted its pilot with Australian banks ANZ, Commonwealth Bank of Australia (CBA) and Westpac, and a group of 20Read MoreRead More.

2020-9-7 17:07


Фото:

Thailand: Central Bank Deploys CBDC to Large Corporations

Thailand’s central bank is continuing developments on the central bank digital currency (CBDC) project as the apex bank will test its CBDC for transactions among large businesses. Thailand’s CBDC Reaches Third-Stage Development According to a report by the Nation Thailand on Thursday (July 16, 2020), the Bank of Thailand (BOT) CBDC project is already atRead MoreRead More.

2020-7-17 20:07


Фото:

Samsung-Backed Blocko Partners IsDB to Offer Sharia Compliant Blockchain Lending

The Islamic Development Bank’s (IsDB) research division has collaborated with Blocko, a blockchain technology company, to build a blockchain-powered credit system.   Sharia-compliant Blockchain Lending According to a report by Construction Business News on Tuesday (June 16, 2020) IsDB’s Islamic Research and Training Institute (IRTI) together with Blocko, is developing a blockchain-based credit system for businesses.

2020-6-17 06:07


Фото:

India’s RBI claims no restrictions were imposed on banks for working with crypto businesses

The RBI’s response follows several complaints that some banks were refusing to offer banking services to crypto exchanges and related businesses The Reserve Bank of India (RBI) has clarified that it doesn’t prohibit banks and other financial services providers in the country from dealing with, or providing, bank account services to cryptocurrency exchanges.

2020-5-27 19:59


Фото:

Cardano’s Charles Hoskinson Likens the US Dollar to the Scam Cryptocurrency, Onecoin

The US Congress has mandated the nation’s central bank, the Federal Reserve (Fed), to print an infinite amount of cash to help the nation navigate the ongoing economic crisis. The funds will be available to local businesses and investors in the financial markets to shield them against the impacts of the Covid-19 disaster. Fed president […]

2020-3-24 14:45


Reserve Bank of Zimbabwe Drafting Policy Framework to Regulate Digital Currencies

The Reserve Bank of Zimbabwe (RBZ) is interested in regulating digital currencies and has already started drafting a policy framework. This move came weeks after India curbed the ban imposed by the reserve bank of India on banks and financial institutions preventing them from dealing with individuals and businesses dealing with cryptos. Bitcoin has also […]

2020-3-17 22:49


Фото:

Why crypto? Holding money at Dutch bank ING could cost you

When consumers hold money in banks, they expect to be paid an interest rate—there’s a reason why people don’t store their money under a mattress in a safe in their house. But, this financial trend is changing, with there being banks that now charge consumers and businesses for storing money, something unheard of ten or […] The post Why crypto? Holding money at Dutch bank ING could cost you appeared first on CryptoSlate.

2020-2-2 15:00


Фото:

Indian Supreme Court Warms Up to Crypto as RBI Defends Its Ban Power

India’s supreme court heard the crypto case on Thursday, starting with the arguments by the counsel for the Reserve Bank of India (RBI). After pointing out that the RBI ban only hurts crypto businesses but does not stop crypto trading, the court explained that “being an honest contributor to the blockchain is more profitable than […] The post Indian Supreme Court Warms Up to Crypto as RBI Defends Its Ban Power appeared first on Bitcoin News.

2020-1-23 17:05


Smoking Gun: Dutch central bank caught overreaching in local crypto businesses

The upcoming fifth Anti-Money Laundering Directive (AMLD5) within the European Union (EU) has already spelled the end for smaller crypto firms on the continent. In the latest, however, a secret memo between the Dutch Central Bank and the Minister of Finance indicates that crypto companies in Holland may face additional rules that go beyond what […] The post Smoking Gun: Dutch central bank caught overreaching in local crypto businesses appeared first on CryptoSlate.

2019-12-19 12:00


Фото:

Swell 2019: Dr. Raghuram Rajan on Enabling Financial Inclusion with Blockchain and Digital Assets

Dr. Raghuram Rajan, former Governor of the Reserve Bank of India and Distinguished Professor of Finance at the University of Chicago, took the stage at Swell 2019 and underscored the important role that technology, including blockchain and digital assets, plays in fueling economic growth, increasing financial inclusion and ultimately revolutionizing businesses in emerging markets around … Continued The post Swell 2019: Dr.

2019-11-7 11:20


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Coinbase chief policy officer Faryar Shirzad anticipates a rapid push for comprehensive crypto regulation once President-elect Donald Trump begins his new term, CNBC reported on Dec. 2. Shirzad expressed confidence that legislative efforts to regulate the crypto industry will progress “fairly quickly” through Congress under Trump’s leadership.