Banks – Page 121 – DIGIT INFO

ECB Says It’s Ramping Up Crypto Surveillance to Include Off-Chain Data

The ECB argues that “closing the data gaps associated with crypto-assets” continues to pose a significant challenge for regulators and financial institutions

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Israeli BTC Investors Can’t Pay Taxes as Banks Refuse Deposit

Bitcoin investors in Israel are unable to pay their taxes because banks do not accept deposits deriving from crypto trading

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UK Bank Standard Chartered Uses Blockchain for Supply Chain Finance

Standard Chartered completed its first joint blockchain-based supply chain financing transaction in cooperation with Linklogis

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China’s Central Bank Prioritizes Development of Digital Currency

The People’s Bank of China is prioritizing the development of a national digital currency

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South Korea’s Shinhan Bank Developing a Blockchain Stock Lending System

South Korea’s oldest bank, Shinhan Bank, is developing a distributed ledger technology-enabled stock lending platform

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Buying Crypto With The Apple Card Violates Its Customer Agreement

Apple won’t let its users buy crypto with its upcoming Apple Card, as detailed in the terms of its customer agreement

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Judge to Chase: Buying Crypto on Credit Not Necessarily a Cash Advance

Chase’s motion to dismiss is rejected as judge decides that buying crypto on credit might not count as a cash advance

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Banks Stopped Walmart Bank – Now the Retail Giant Hits Back With Crypto

Banks Stopped Walmart Bank - Now the Retail Giant Hits Back With Crypto 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 […]

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Brazilian Cryptocurrency Brokerage Wins Lawsuit Over Closed Bank Account

A Brazilian cryptocurrency brokerage has won a lawsuit against a bank that closed its account due to purported concerns about fraud

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Liquidity Difficulties in China: Second Bank Bail-Out Now Reality

Another Troubled Chinese Bank Bailed Out by Beijing Although it has its peculiarities, the Chinese banking sector now faces similar challenges to the west’s financial system. Dozens of small banks have been experiencing liquidity difficulties in the past few months. Observers believe the expanding problem has the potential to trigger a financial crisis that could grow into a new global meltdown. Chinese state-owned […]

The post Liquidity Difficulties in China: Second Bank Bail-Out Now Reality appeared first on Bitcoin News.

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