Any crypto deposits not transferred to another bank by April 5 will be liquidated and a check mailed to the client’s address.
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Any crypto deposits not transferred to another bank by April 5 will be liquidated and a check mailed to the client’s address.
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The digital asset bank will be aimed at institutional investors only, and there is no exchange planned.
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Brian Brooks, the acting comptroller of currency at the U.S. Office of Comptroller of Currency (OCC), says America must adopt digital currency payment rails if the country hopes to compete with global payment rails in the future. He insists changing consumer needs must be prioritized over the interests of powerful banks that may be against […]
The post OCC Chief Says Americans Gravitating Toward Digital Currencies: Urges Banks to Embrace Innovation appeared first on Bitcoin News.
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On August 1, it was discovered that the giant retail corporation Walmart has patented plans for a stablecoin that’s backed by U.S. dollars. If released into the wild, the USD-based cryptocurrency would be issued to select Walmart retailers and partners while the patent’s description explains the coin could be used outside of Walmart’s retail scope […]
The post Banks Stopped Walmart Bank – Now the Retail Giant Hits Back With Crypto appeared first on Bitcoin News.
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