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John Williams, the expected future president of the New York Federal Reserve Bank, said crypto ‘doesn’t pass the basic test of what a currency should be’. #NEWS Go to Source Powered by WPeMatico
A number of Chilean cryptocurrency exchanges have sought to appeal the recent decision by several Chilean banks, including state-owned Banco del Estado de Chile, to suspend the accounts of cryptocurrency exchanges. Also Read:Alleged British Bitcoin Scammer Extradited to US for Defrauding Over $36 Million Chilean Crypto Exchanges to Receive Appeals Hearing It has been reported … Read more
The Caribbean Tourism Organization is going to introduce cryptocurrency payments for tourism services and products offered in the region. In partnership with a local company, CTO wants to implement crypto-based merchant applications in the travel industry and other related sectors. Another goal is to further integrate the region’s economies through more cryptocurrency transactions. Also read: … Read more
Power to the people: using crypto to get loans in dollars #SPONSORED Go to Source Powered by WPeMatico
Finnish bitcoin services provider, Prasos, has lost all but one of its banking partners. Prasos’ chief executive officer recently revealed that four Finnish banks have terminated services with the company, leaving Prasos reliant on a single bank. Also Read: Belgium Warns of 19 Cryptocurrency Trading Platforms Showing Signs of Fraud Finnish Banks Terminate Services With Prasos … Read more
How does RippleNet work? What’s the difference between Ripple and XRP? What could be the future of global payment? Cointelegraph spoke with Marjan Delatinne, global head of banking at Ripple, about current projects, challenges and the Internet of value. #INTERVIEW Go to Source Powered by WPeMatico
A Dutch multinational financial provider, Rabobank has announced the possible introduction of a ‘cryptocurrency wallet’ tethered to the company’s banking services. The news follows the bank’s recent ‘high risk’ profiling of account holders that participated in bitcoin trading. Also Read: Israeli Supreme Court Forbids Bank From Denying Service to Bitcoin Exchange Rabobank Investigates the Idea of … Read more
Blockchain-based payment service Bitwala is launching a banking service with debit cards, promises “seamless transition between the crypto and fiat worlds”. #NEWS Go to Source Powered by WPeMatico
This week the ‘bitcoin-friendly’ financial institution Silvergate Bank sold 9.5 million shares that raised a sum of $114Mn USD during the common stock sale. Some of the capital injection was provided by the venture capital firm Digital Currency Group who welcomed Silvergate Bank into the company’s growing list of partners and subsidiaries. Also read: Indians Look … Read more
Major Dutch financial services company, ING, has confirmed that Bitfinex holds an account with the company in the Netherlands. The bank issued a statement regarding its relationship with Bitfinex after Dutch-language website Follow the Money published a report revealing that ING is providing financial services to Bitfinex last week. Also Read: Independent Ratings Agency Alerts Investors … Read more
