Tag: bank

  • Crypto

    Global Financial Watchdog May Restrict Bank Exposure to Crypto

    The Financial Securities Board (FSB) has released its report covering crypto assets for the G20 and is considering lowering the exposure of banks to cryptocurrencies. This would be to increase transparency and reduce the risk of financial instability, even though the report said crypto assets do not pose...

    tim copeland | July 17, 2018 | 2:56 pm
  • Litecoin
    Crypto

    Litecoin Collaborates with Payment Platform in Strategic Partnership

    Charlie Lee, the founder of Litecoin, recently took to Twitter to announce a partnership with TokenPay, that will see the two collaborate with a German bank. TokenPay Buys a Stake in German Bank TokenPay, a Switzerland-based cryptocurrency payment platform, recently announced that it would be securing a deal with...

    nickchong | July 10, 2018 | 9:00 pm
  • Exchange
    Crypto

    Six Companies Target the Japanese Market with Plans for New Crypto Exchanges

    Six companies have announced their intentions of creating crypto exchange platforms in Japan following regulatory approval. All six companies are listed on the Tokyo Stock Exchange and are set to move into the market which accounts for two-thirds of Bitcoin trading. Crypto Exchanges Target Japan The six companies...

    tim copeland | May 28, 2018 | 8:00 pm
  • mastercard
    Crypto

    Mastercard Recognises the Influence of Cryptocurrencies

    Mastercard released their 2018 Q1 financial results on May 2 showing record first-quarter net income of $1.5 billion and revenue of $3.6 billion. They attributed some of this success to the December and January boom in cryptocurrency prices as they expect results to drop following the recent bear market....

    tim copeland | May 4, 2018 | 6:00 pm
  • leumi
    Bitcoin

    Leumi Bank Must Stop Obstructing Crypto-Exchange Financial Operations

    The Israeli Supreme Court reached a decision today in support of local cryptocurrency exchange Bits of Gold. The temporary court order was issued by the Court to one of Israel’s largest financial institutions, Leumi Bank. Generally speaking, the decision means banks are required to permit cryptocurrency trading, and...

    Thomas Delahunty | February 27, 2018 | 12:00 am
  • NewsBTC
    Bitcoin

    UK Bank Lloyds Bans Bitcoin Buying on Credit Cards

    Banks will never be fans of Bitcoin. The concept of it alone is the complete opposite of a bank’s business model which is to make profits from other people’s money. Britain’s biggest bank today took the step of banning its customers from buying Bitcoin using their credit cards....

    Martin Young | February 5, 2018 | 2:56 am
  • NewsBTC Israeli banks Bitcoin
    Bitcoin

    Israeli Banks Can Legally Refuse Service to BTC and Crypto Companies

    Banks around the world have always had an uneasy relationship with Bitcoin companies. Banks do not like Bitcoin and vice versa. A financial institution was never able to legally deny service to a cryptocurrency company before, though. That has now come to change in Israel, thanks to a...

    JP Buntinx | June 12, 2017 | 2:00 pm

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