カテゴリー: Banking

Indian Bank Forcing Customers to Agree to Anti-Cryptocurrency Policy

Indian Bank Forcing Customers to Agree to Anti-Cryptocurrency PolicyAn Indian bank is reportedly forcing customers to agree that they “will not deal with any transactions related to cryptocurrency including bitcoins” when signing up for an account. In addition, there are reports of banks blocking accounts of their existing customers if they are found to have made crypto-related transactions. Also read: Indian Supreme Court Moves […]

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Rick Falkvinge: Imminent Financial Crisis Perfect Opportunity to Convert the Masses to Crypto

Rick Falkvinge: Imminent Financial Crisis Perfect Opportunity to Convert the Masses to CryptoWarnings of an imminent financial crisis are in the media more than ever before. But could such an event be the tipping point that puts Bitcoin and cryptocurrency firmly into the mainstream? Politician and tech entrepreneur Rick Falkvinge says it would be the perfect time to finally convert people to crypto.  Also read: Billions Living Under Authoritarian […]

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Bitwala Begins Offering Bank Accounts With Bitcoin Wallet and Debit Card

Bitwala Begins Providing Bank Accounts With Bitcoin Wallet and Debit CardCryptocurrency banking provider Bitwala has started offering its banking service to cryptocurrency users in Germany, starting with 40,000 pre-registered customers. A spokesperson for the company has shared details with news.Bitcoin.com about this new service which will soon add support for additional countries and cryptocurrencies. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive […]

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Stablecoins Demand More Trust than Fiat Currency

Stablecoins Demand More Trust than Fiat CurrencyThis article about the problem with stablecoins was written by Kevin Murcko, the CEO at cryptocurrency exchange, CoinMetro, and forex broker, FXPIG. Stablecoins — digital coins which peg their value rigidly to the dollar, the euro, or a collage of national currencies — are all the rage right now. Tether, in particular, is on everyone’s […]

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Indian Supreme Court Gives Government Two Weeks to Submit Cryptocurrency Report

Indian Supreme Court Gives Government 2 Weeks to Submit Cryptocurrency Report for RBI Ban CaseIndia’s supreme court has brought up the case against the cryptocurrency banking ban by the Reserve Bank of India after one-and-a-half months of delay. The court has reportedly asked the government to submit a report of the findings from the committee it had set up to understand the crypto space and recommend regulatory measures. Also […]

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New York Regulator Approves Coinbase’s Custody Services for Six Cryptocurrencies

New York Regulator Approves Coinbase’s Custody Services for 6 CryptocurrenciesThe New York State Department of Financial Services has licensed a subsidiary of Coinbase to operate as an independent qualified custodian. The regulator has also approved Coinbase’s custody services for six major cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Coinbase Custody Licensed The New York State Department of Financial Services (NYDFS) announced […]

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Indian Cryptocurrency Exchanges See Rapid Growth in P2P Trading

Indian Cryptocurrency Exchanges See Rapid Growth in P2P TradingTrading volumes on exchange-escrowed peer-to-peer (P2P) cryptocurrency trading platforms in India are rising rapidly amid the banking ban by the country’s central bank. “Indians are warming up to P2P in amazing ways,” the CEO of a local crypto exchange told news.Bitcoin.com. Several other exchanges competing in the same space are seeing similar responses from their […]

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Zambia Launches Crackdown on Crypto Companies

Zambia Cracks Down on Cryptocurrency Businesses After Declaring Bitcoin Illegal TenderThe Bank of Zambia has started to clamp down on cryptocurrency-related businesses, mere days after declaring that it does not view digital coins such as BTC as legal tender. The crackdown began on Oct. 14, when the central bank announced an investigation into Heritagecoin Resources Ltd. for allegedly laundering money, according to local media reports. […]

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The Fall of Tether and What It Means for the Cryptocurrency Markets

The Fall of Tether and What It Means for the Cryptocurrency MarketsThe demise of Tether has been a car crash in slow motion. An unswervable event that has played out over the course of months, it has reached a crescendo in the past 24 hours, with tether slipping significantly from its dollar peg. It is possible, perhaps even probable, that it will regain parity with the […]

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Nigerian Startup Kubitx Launches Bitcoin Exchange in Beta

Nigerian Startup Kubitx Launches Bitcoin Exchange in BetaKubitx, a Pan-African financial technology startup registered in Malta, announced the beta launch of its new cryptocurrency exchange on Thursday. The platform, which supports seven digital coins for the test, including BCH and BTC, will initially be available to users in Nigeria, before the company expands it to other African countries in the coming months. […]

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