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bank

One more Swiss bank opens up doors to Cryptocurrency Deposits

One more Swiss bank opens up doors to Cryptocurrency Deposits
Members Public

It seems like most of the high net worth individuals are investing in cryptocurrencies. A Private bank in Switzerland by the name of Maerki Baumann has recently announced that it will allow cryptocurrency deposits. This is the second Swiss bank to allow cryptocurrency deposits. Of course, the huge demand for

Jake Hill
Jake Hill
bank
Bank of Thailand gives Green signal for Bank to do Crypto-dealings

Bank of Thailand gives Green signal for Bank to do Crypto-dealings
Members Public

As per recent the report published by Bank of Thailand(BoT), all the local banks can now proceed with cryptocurrencies dealing. This involves issuing digital tokens, crypto brokerage services, invest in cryptocurrencies through subsidiaries. Although the Bank of Thailand(BoT) has regulated cryptocurrency usage on a broader spectrum, all the

Pooja
Pooja
bank
Banks sued by Polish Bitcoin Association over cryptocurrency ban

Banks sued by Polish Bitcoin Association over cryptocurrency ban
Members Public

The Polish Bitcoin Association is one of the most leading groups pertaining to cryptocurrencies in Poland. Recently, it sued the banks as they were not providing banking facilities to the cryptocurrency related forms. This was after the banks decided that no banking facilities will be provided to companies operating in

Jake Hill
Jake Hill
bank
Kotak Mahindra Bank Ties up with Ripple

Kotak Mahindra Bank Ties up with Ripple
Members Public

Kotak Mahindra Bank has recently tied up with ripple. It will be using the ripple net protocol in order to initiate the cross-border payments. With the help of this protocol, it will be able to initiate and conclude the cross-border payments within seconds. Earlier, there was speculation that the central

Rohnak
Rohnak
bank
Irish lenders denying banking services to Bitcoin Sellers

Irish lenders denying banking services to Bitcoin Sellers
Members Public

Many of the Irish companies which are providing cryptocurrency related services or which are trading in cryptocurrencies are not able to access formal banking facilities. They have complained that either, they have to stop trading or they have to set up foreign bank accounts in order to trade in cryptocurrencies.

Rohnak
Rohnak
bank
Will Central Banks Start Decentralization of Money?

Will Central Banks Start Decentralization of Money?
Members Public

The question which is remained in the minds of the cryptocurrency investors for a long period of time is whether money should be only authenticated by the banks or whether independent sources of wealth can also be considered. Even if Bitcoin does not match fiat currency in terms of a

Jake Hill
Jake Hill
bank
Russia’s largest banks help customers to build a crypto portfolio

Russia’s largest banks help customers to build a crypto portfolio
Members Public

Sberbank and Alfa Bank, in Russia, are offering cryptocurrency investment products to their customers. As a result, their customers are able to create a diversified portfolio of cryptocurrencies as well as other blockchain-based tokens. The exchanges which these banks are using are Kraken and Bitstamp. The banks are providing the

Jake Hill
Jake Hill
bank
Indian Banks Associate To Use Blockchain For Faster Trades

Indian Banks Associate To Use Blockchain For Faster Trades
Members Public

Banks accountable for roughly 50% of India’s inner transaction have combined in an association which intends to present blockchain technology to obtain faster trades and lessens barriers to approving new financial loans. According to Abhijit Singh, head of technologies in ICICI Bank Ltd, one among those association founders

Rohnak
Rohnak
bank