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A French court has reportedly rejected a request by the largest Swiss bank to drop money laundering charge against it. UBS Group and a number of its executives are accused of tax fraud and money laundering. If found guilty, the bank could be fined up to 5 billion euros or $5.8 billion. Its executives could […]
The post Court Refuses to Drop Money Laundering Charge Against UBS, $5.8 Billion Fine Looms appeared first on Bitcoin News.
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Leading Danish bank, Danske Bank, has published a document announcing that the company does not wish to “support the investment environment surrounding cryptocurrencies.” Danske bank will “phase out the possibility of” its customers purchasing financial instruments comprising cryptocurrency derivatives. Despite the bank’s concerns pertaining to the risks associated with cryptocurrencies, Danske customers will still be […]
The post Danske Bank Bans Investments in Cryptocurrency-Related Instruments appeared first on Bitcoin News.
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