Bank TSB set to bar 5.4M customers from buying crypto
Bank TSB is set to become the latest financial institution in the United Kingdom to prevent customers from investing in crypto. Go to Source Powered by WPeMatico
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TSB Bank Plans to Ban Cryptocurrency Purchases Due to Increasing Fraud Numbers: Report
TSB, a British bank, is planning to ban cryptocurrency purchases due to fraud concerns. The company reported an alarming number of fraudulent transactions on cryptocurrency purchases. Reportedly, transactions involving Binance, the cryptocurrency exchange behemoth, are involved in two-thirds of these fraud reports. A Binance representative denies these claims and said the exchange deals with complaints … Read more
Travala launches decentralized home-sharing service — will it be the next Airbnb?
The site claims to repair “the broken relationship between hosts and guests created by existing centralized home-sharing platforms.” Go to Source Powered by WPeMatico
India Probes Cryptocurrency Exchange Wazirx in Chinese Money Laundering Case
India’s Directorate of Enforcement (ED) has reportedly sent a notice to Wazirx, one of the largest cryptocurrency exchanges in India, under the Foreign Exchange Management Act, 1999, (FEMA). The investigation was initiated “on the basis of the ongoing money-laundering investigation into Chinese owned illegal online betting applications,” the ED detailed. ED’s FEMA Investigation of Wazirx … Read more
Major Cryptocurrency Exchanges Explore Entering Indian Crypto Market
Several major global cryptocurrency exchanges are reportedly exploring ways to enter the Indian crypto market. “The Indian market is huge and it is only starting to grow, if there was more policy certainty by now Indian consumers would have been spoilt for choice in terms of exchanges because everyone wants to be here,” said an … Read more
‘Blogger by Day, Trader by Night,’ Binance Runs Advertising Campaign in Major Ukrainian Cities
An advertising campaign across some of Ukraine’s most populous cities is now aiming to attract new traders to the world’s largest digital asset exchange, Binance. The Eastern European nation is known as a promising market and a leader in terms of cryptocurrency adoption. Binance Ads Appear on Trains and Trolleys in Ukraine Cryptocurrency exchange Binance … Read more
Growing pains? DeFi exploits plunder BSC, which calls for reinforcements
Binance Smart Chain is getting overrun by hacks, with CipherTrace brought in to keep the BSC-based DeFi platforms safe. Go to Source Powered by WPeMatico
Localbitcoins Adds Bitcoin Cash and Other Cryptocurrencies as Payment Methods
Localbitcoins, one of the biggest P2P exchanges in the world, has added Bitcoin Cash and other cryptocurrencies as payment methods to acquire Bitcoin on its platform. This marks a clear departure from the earlier position of the company, which hadn’t added new payment methods and had remained Bitcoin-only for some time. Localbitcoins Adds Bitcoin Cash … Read more
BSC’s Impossible Finance raises $7M for multi-chain DeFi incubator
DeFi protocol Impossible Finance is building a multi-chain incubator to expand out from BSC. Go to Source Powered by WPeMatico
Binance Extends Blockade of Zimbabwean Crypto Users to Include Non-Resident Traders
Malta-based cryptocurrency exchange, Binance, has reportedly extended its blockade of Zimbabwean users to include non-resident citizens. As a result of the new measures, all Zimbabwean nationals are now precluded from using the Binance trading platform. Zimbabwean Nationals Blocked Prior to the introduction of this new measure, Binance apparently allowed Zimbabwean nationals with non-Zimbabwean residential addresses … Read more