Bank of America – Page 12

Is Walmart Poised to Become a Major Blockchain Player?

Semantics aside, the world of blockchain technology represents a new paradigm in the way businesses interact and operate. When its true potential is realized, the integration of blockchain throughout global industries may manifest as a transformative wave that beckons the next era of technology and business. While one certainly wouldn’t expect retail giant Walmart to […]

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Hodler’s Digest, May 7-13: From Facebook To NYSE, Mainstream Thinks Of Adoption

More insults flew this week from Wall Street–crypto as “baby brains”–but blockchain adoption wins across the globe balanced out the crypto week

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Bank Of America CTO Calls Bitcoin ‘Troubling’, Reconfirms Credit Card Purchase Ban

Bitcoin and cryptocurrency are “troubling” for Bank of America, which will continue forbidding cardholders from buying any

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Bank Of America Seeks Patent On Blockchain-Based Data Storage System

The Bank of America’s patent for a storage system on Blockchain technology has been published by the US Patent and Trademark Office. #NEWS

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Media Hype Falsely Reports Bitcoin As ‘Greatest Bubble In History’

Bitcoin’s price rise and fall is compared yet again to the Dutch tulip craze, resulting in an untrue claim that BTC is the “greatest bubble in history.” #NEWS

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Patent Data Reveals the Banking Sector’s Strange Relationship with Bitcoin

Patent Data Reveals the Banking Sector’s Strange Relationship with Bitcoin Banks and bitcoin are odd bedfellows, but they do share some things in common. To its proponents, bitcoin is the future of money, but it still takes “traditional” money to purchase cryptocurrency, and right now, banks control the conduits. If these oligarchs have their way, they’ll also have a controlling stake in the crypto sphere […]

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J.P Morgan Sees Crypto As ‘Competition’ And ‘Risk’ To Its Business In SEC Annual Report

J.P. Morgan sees cryptocurrency as a potential threat to its business, according to its annual SEC report. #NEWS

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Some Major Canadian Banks Still Allow Cryptocurrency Credit Card Transactions

Some Major Canadian Banks Still Allow Cryptocurrency Credit Card Transactions While TD Bank has revised its policies and stopped allowing customers to purchase cryptocurrencies using its credit cards, some major banks in Canada still allow crypto credit card transactions, the banks reportedly confirmed on Friday. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten TD Bank Halts Crypto Credit Card Purchases Canada’s largest bank […]

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Bank of America Acknowledges the Threat Posed by Cryptocurrency

Bank of America Acknowledges the Threat Posed by Cryptocurrency For all the inroads that bitcoin has made on the current financial system, it has yet to threaten their ascendancy. The CEOs of Paypal, Visa, and other legacy payment systems may have been monitoring the rise of cryptocurrencies, but they have not been losing sleep over them. Now, in a frank report to the SEC, […]

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Bank Of America: Our ‘Inability To Adapt’ Could See A Failure To Compete With Crypto

Big spending may be the only way for Bank of America to compete with cryptocurrency, the bank tells the SEC in its 2017 fiscal report. #NEWS

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