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When you are an entrenched player deep within a certain system, especially one as complex and inflexible as the banking industry, it can be hard to implement changes, even when there is a critical need to adapt to emerging technologies. If a company wants to appear as if it is keeping up with the times, … Read more
Yet another major bank blocks customers from purchasing crypto via credit and debit card. #NEWS Go to Source Powered by WPeMatico
This week the popular cryptocurrency service Coinbase revealed a slew of announcements concerning certain aspects of the business. The exchange details its Segregated Witness (Segwit) rollout, plans to disable Paypal, new tax tools, and the hiring of 500 customer support agents. Also Read: Israeli Supreme Court Forbids Bank From Denying Service to Bitcoin Exchange Segwit and … Read more
‘It was that easy’? Woz alleged Bitcoin theft raises suspicions. #NEWS Go to Source Powered by WPeMatico
Bitwala has announced that it is launching a new banking service with real debit cards. Its application with the Federal Financial Supervisory Authority of Germany (Bafin) is pending. Once approved, customers’ funds will be guaranteed up to €100,000. The move follows the suspension of the company’s prepaid Visa cards. Also read: Indians Look to Buy Bitcoin Overseas … Read more
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 … Read more
TD Bank bans credit card purchases of cryptocurrencies, following major banks around the world. #NEWS Go to Source Powered by WPeMatico
ECB board member says crypto is at risk of “contamin[ating]” the global financial system, asks for more regulation before crypto becomes too interconnected #NEWS Go to Source Powered by WPeMatico
Virgin Money banned credit card purchases of cryptocurrency today, following similar bans by US banks as well as Lloyds Banking Group. #NEWS Go to Source Powered by WPeMatico
Britain’s largest banking group is banning its credit card customers from buying cryptocurrencies including bitcoin. Credit card issuers that are banning crypto transactions include the UK’s largest retail bank, Lloyds Bank, Bank of Scotland, Halifax, and MBNA. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Largest British Banking Group Banning Crypto Britain’s … Read more
