2022-12-29 21:45 |
The accounts of consumers with connections to cryptocurrency trading, particularly those connected to peer-to-peer (P2P) transaction activity, have caught the attention of Venezuelan banks. origin »
|
Banks in India have been closing the accounts of customers they believe have made transactions involving cryptocurrencies. The majority of crypto users in the country, however, have reportedly found a way to avoid their accounts being closed by their banks which are complying with the crypto banking ban imposed by the country’s central bank.
2019-1-16 08:25 | |
|
|
Banks in India have been closing the accounts of customers they believe have made transactions involving cryptocurrencies. The majority of crypto users in the country, however, have reportedly found a way to avoid their accounts being closed by their banks which are complying with the crypto banking ban imposed by the country’s central bank.
2019-1-16 08:25 | |
|
|
A Brazilian court has ordered the reopening of cryptocurrency exchange Bitcoin Max’s bank accounts, which were closed without explanation by Banco do Brasil and Banco Santander in September.
2018-11-1 03:00 | |
|
|
The commissioner of the Financial Services Commission (FSC) of South Korea, Choi Jong-Ku, has reaffirmed that there exists no issues related to compliance and security in the process of banks providing virtual bank accounts to local cryptocurrency exchanges.
2018-11-1 14:09 | |
|
|
Banks facilitate joint accounts, which are in the name of at least two people. With cryptocurrency wallets too, multiple owners are allowed to log into one wallet. Now, open-sourced mobile wallet for Ethereum and Bitcoin, Multy, is making the use of such wallets easier.
2018-10-31 13:59 | |
|
|
Bitfinex’ed, a long-time critic of Bitfinex and Tether LLC, a company that oversees the development of stablecoin Tether (USDT), has stated in an interview with Modern Consensus that the “pretend KYC/AML” system of Bitfinex is preventing the exchange from obtaining banking services.
2018-10-18 18:00 | |
|
|
Most digital exchanges are unregulated and therefore unqualified to safely process cryptocurrency transactions. They don’t employ necessary know-your-customer (KYC) tactics, and roughly $1 billion in digital asset funds have been stolen since the start of 2018.
2018-10-13 23:34 | |
|
|
Singapore’s financial regulator has revealed it will help local cryptocurrency firms set up traditional bank accounts, to help boost the country’s fintech economy. “What we are trying to do is to bring the banks and cryptocurrency fintech startups together to see if there is some understanding they can reach,” Monetary Authority of Singapore managing director Ravi Menon told Bloomberg.
2018-10-11 13:52 | |
|
|
Instead of loosening rules, it is more appropriate to help virtual currency companies to create banks accounts, Central Bank’s Managing explained.
2018-10-10 19:31 | |
|
|
Switzerland has started sharing financial account information with tax authorities in dozens of countries as a way of fighting tax evasion, but Africa, which loses about $60 billion in illicit flows each year, mostly into European banks, is conspicuous by its absence from the deal.
2018-10-7 19:55 | |
|
|
Switzerland is offering a leg up to fledgling blockchain businesses in an attempt to affirms itself as a global cryptocurrency hub. The European banking haven is facing an exodus of blockchain startups due to uncharacteristically tough banking conditions, Reuters reports.
2018-9-21 18:35 | |
|
|
Another cryptocurrency heist has shaken Japan. This time, 6. 7 billion yen ($60 million USD) worth of company and user funds have vanished from Japanese cryptocurrency exchange platform Zaif.
2018-9-21 19:30 | |
|
|
Some of Brazil’s biggest banks have come under investigation for alleged monopolistic tendencies in the trade of bitcoin and other cryptocurrencies. The Administrative Council for Economic Defense, a transparency and competition body, accuses the financial institutions of shutting down accounts of brokers trading cryptocurrency without merit.
2018-9-20 04:25 | |
|
|
Since the introduction of the real-name crypto system by the South Korean gov, only 40-50% of the cryptocurrency investors have shifted their accounts. For the other half the South Korea-located banks are not going to be very soft about.
2018-9-11 13:54 | |
|
|
Seven months ago, the government in Korea brought in a new ‘crypto real-name system’ however, there is only up to 50% of accounts that have been converted into real-name ones, even in the top four cryptocurrency exchanges for Korea.
2018-9-11 13:00 | |
|
|
South Korean banks are reportedly taking measures to limit services for customers who are not using the real-name system. It has been over seven months since the Korean government introduced the crypto real-name system, but only 40-50% of accounts at the country’s top four cryptocurrency exchanges have been converted into real-name ones, according to local […] The post Korean Banks to Limit Services for Crypto Traders Without Real-Name Verification appeared first on Bitcoin News.
2018-9-11 10:35 | |
|
|
Abra, the all-in-one digital wallet and cryptocurrency exchange, has announced its support for Single Euro Payment Area (SEPA) bank accounts. European users can now enable direct wire transfers from European banks to purchase any of Abra’s 28 available cryptocurrencies.
2018-9-7 23:38 | |
|
|
Abra, an all-in-one crypto wallet and exchange, has revealed its support for Single Euro Payment Area (SEPA) bank accounts, which will allow those living in the SEPA zone, including 28 EU nations, to make direct transfers from European banks to Abra wallets.
2018-9-6 08:00 | |
|
|
On September 4th Abra, an all-in-one cryptocurrency wallet and exchange announced that it would begin supporting Single Euro Payment Area (SEPA) bank accounts. This means that customers will be able to transfer crypto directly from European banks, which the company hopes will help onboard more European users into the crypto ecosystem.
2018-9-5 21:00 | |
|
|
Abra, a cryptocurrency wallet and exchange app, today announced its support for Single Euro Payment Area (SEPA) bank accounts. With today’s announcement, European users can now initiate direct transfers from European banks, offering one.
2018-9-5 23:40 | |
|
|
Owing to Abra’s support for SEPA bank accounts, European users will now be able to make direct transfers from European banks. The post Abra Startup Expands into Europe Allowing More Users to Buy Cryptos Quickly and Easily appeared first on CoinSpeaker.
2018-9-4 12:10 | |
|
|
Last September, Google launched Tez, an app for instant money transfers in India. At its annual event in the capital of New Delhi, the company announced it’s rebranding the app to Google Pay. That means it’s unifying its global payments services with what it’s built for India.
2018-8-28 11:15 | |
|
|
The Bank of America Corporation has filed with the U. S. Patent and Trademarks Office for a secure means for the storage and custody of cryptocurrencies. The filing describes a system for recording and storing data pertaining to cryptocurrency transactions designed for enterprises.
2018-8-27 02:15 | |
|
|
The owner of cryptocurrency mining electric bicycle retailer, 50cycles, recently had his company’s accounts with HSBC and Barclays frozen within hours of transacting on peer-to-peer cryptocurrency trading platform, Locabitcoins.
2018-8-26 12:15 | |
|
|
The owner of cryptocurrency mining electric bicycle retailer, 50cycles, recently had his company’s accounts with HSBC and Barclays frozen within hours of transacting on peer-to-peer cryptocurrency trading platform, Locabitcoins.
2018-8-26 12:15 | |
|
|
Scott Snaith, the owner of 50cycles – an e-bike company, recently had his bank accounts frozen by two prominent banks in the United Kingdom. Snaith is accusing both banks of discriminatory practices due to his involvement in cryptocurrency trading.
2018-8-24 14:01 | |
|
|
In this week’s daily editions of Bitcoin in Brief we reported on McAfee’s “Doomed” wallet, a panic in the altcoin markets, Binance’s new fiat-to-crypto platform in Liechtenstein and much more.
2018-8-19 12:25 | |
|
|
In November 2016, a Dutch cryptotrader tried to buy his first 10 bitcoin, first using funds from his ING bank and later from ABN Amro. Both banks denied the transactions.
2018-8-18 23:22 | |
|
|
In a chilling but sadly all-too-familiar sequence of events, UK banks have been targeting cryptocurrency owners. Individuals who have cashed out large amounts of cryptocurrency – legitimately – have had their assets frozen and accounts locked without warning, fueled by fears of money laundering and a general distrust of bitcoin.
2018-8-17 16:10 | |
|
|
Los Angeles-based cryptocurrency investment firm SFOX has raked in roughly $22. 7 million in its Series A funding. The round was headed by venture platforms Social Capital and Tribe Capital and earned the participation of other firms like DCG, SV Angel, Blockchain Capital and Y Combinator.
2018-8-17 01:31 | |
|
|
A Ripple executive has said that the distributed payments service provider is looking to expand their operations in China. However, it seems unlikely that such a move would translate into greater usage of the platform’s digital currency, XRP.
2018-8-15 22:00 | |
|
|
Switzerland is a major financial center and the land of private banks, the choice destination where old money is being kept under lock and key in secret vaults or secret bank accounts. In this age of cryptocurrencies, the Swiss proved to be just as adept as there are now two Swiss banks that offer financial […] Two Swiss Banks Now Accepting Money From Crypto-related Activities was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.
2018-8-13 14:15 | |
|
|
Cryptocurrency exchange Cryptomkt has partnered with Chilean payment platform Flow to allow customers to pay with three cryptocurrencies at over 5,000 stores. The announcement follows two Chilean courts ruling that banks must reopen the accounts of crypto exchanges they previously closed.
2018-7-30 22:30 | |
|
|
Galaxy Digital, one of the earliest and largest cryptocurrency merchant banks in the space, founded by billionaire Mike Novogratz, posted first quarter earnings. Published accounts suggest the firm has lost $134 million due to a combination of an extended bear market and the usual course of starting a large company.
2018-7-28 11:45 | |
|
|
“We have nothing to hide,” says Tory Reiss, VP of corporate development at TrustToken. Like the market’s most popular stablecoin, Tether, TrustToken's TrueUSD is fiat-collateralized.
2018-7-26 18:55 | |
|
|
Exchanges “Deposits/Withdrawals Notice,” came the post title from popular Indian cryptocurrency exchange Unocoin this week. “As per orders from RBI,” the exchange explained, “bank INR withdrawals and INR Deposits have temporarily been disabled.
2018-7-24 11:41 | |
|
|
Regulation South Korea’s top financial regulator is planning a major organizational restructuring that includes introducing some new crypto policy initiatives. In addition, an agreement with Chinese authorities relating to crypto and initial coin offerings has also been reached.
2018-7-23 07:51 | |
|
|
Swiss officials have expressed concerns after two banks stoped offering their service to crypto and blockchain companies. Zuercher Kantonalbank (ZKB), Switzerland’s fourth biggest bank, has closed the accounts of more.
2018-7-22 17:33 | |
|
|
South Korea’s central bank, the Bank of Korea (BOK), has revealed that the outstanding balance of cryptocurrency accounts in the country’s domestic banks stood at nearly $2 billion ($1. 8 billion) as of December 2017.
2018-7-13 16:19 | |
|
|
According to South Korean central bank the Bank of Korea (BOK), the outstanding balance of virtual currency accounts in domestic banks totalled $1. 79 billion as of Dec. 2017, local news outlet Yonhap reported Friday, July 5.
2018-7-9 01:49 | |
|
|
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.
2018-7-6 05:25 | |
|
|
Will you be able to make purchases at a restaurant, grocery store, retail clothier or any number of brick and mortar storefronts with crypto anytime soon? Get the App O’Brien explains: “Crypterium is partnering with banks to launch virtual cards that will be attached to user’s crypto accounts in Crypterium App. Asked about the company’s
2018-7-5 23:20 | |
|
|
In late 2009, Bitcoin founder Satoshi Nakamoto ushered in a groundbreaking approach to money by championing a digital payment system free from third-party intermediaries and governmental control.
2018-7-9 19:37 | |
|
|
In late 2009, Bitcoin founder Satoshi Nakamoto ushered in a groundbreaking approach to money by championing a digital payment system free from third-party intermediaries and governmental control.
2018-7-5 19:37 | |
|
|
A few warning signals and conflicted statements later, the RBI finally pulled the plug on cryptocurrency exchanges. On July 06, a near-complete crackdown—at least temporarily—on cryptocurrencies will take hold in India.
2018-7-5 11:50 | |
|
|
Cryptocurrency exchanges in India have one by one announced the shut down of their fiat deposits and withdrawals as banks start closing their accounts per RBI’s crypto banking ban. Meanwhile, they are trying to educate the central bank in hopes of easing the ban.
2018-7-5 00:40 | |
|
|
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.
2018-6-30 07:00 | |
|
|
Poland: new complaint claims banks have been unlawfully closing or refusing bank accounts of crypto businesses
2018-6-29 22:32 | |
|
|
Banks in South Korea are now required to monitor all accounts held by crypto exchanges following a tightening of anti-money laundering measures.
2018-6-27 12:40 | |
|
|
Binance is facing a new legal challenge in North Dakota as more than 300 victims and family members of the 7 October 2023 attack accuse the crypto exchange of enabling transactions linked to Hamas before the assault.
Conexus, Venezuela’s leading payments processor, plans to integrate Bitcoin and stablecoins like Tether (USDT), into the country’s banking network. The payments giant, which handles roughly 40% of electronic transfers in Venezuela, is eyeing a blockchain-based interbank network.
Local banks will offer custody, transfers, and crypto-to-fiat exchange services. The bolivar’s sharp depreciation has driven a surge in stablecoin adoption. Conexus currently processes nearly 40% of Venezuela’s electronic payments.
This week’s top cryptocurrency headlines in Latin America focus on how digital assets are becoming more commonplace. Latin America is establishing itself as a worldwide hotspot for financial innovation fueled by blockchain and stablecoins, with Binance introducing QR code payments in Argentina and the region hitting record levels of crypto adoption led by Brazil and […]
This week’s top LATAM cryptocurrency news focuses on two key actions in the region: Banco Safra introduced Safra Dollar, a US dollar-backed stablecoin designed to make dollar exposure more accessible to Brazilian investors.
Latin America’s crypto scene continues to evolve, with new products and regional expansions highlighting its rapid growth. This week’s most notable news is that World (formerly known as Worldcoin) has taken a significant step toward the future of digital identity by announcing the launch of its program “Build LATAM” throughout Latin America, beginning with Mexico. Venezuela, on […]
Authorities raided two sites in Terengganu where tampered wiring was used to bypass power meters for mining Bitcoin.