Multi-Billion Dollar Financial Services Firm Lloyds Looks to Hire a Digital Currency Expert

Multi-Billion Dollar Financial Services Firm Lloyds Looks to Hire a Digital Currency ExpertLloyds Banking Group, the British parent company of Lloyds Bank, is currently hiring a “digital currency [and] innovation senior manager,” according to a recent job listing posted to BYP Network. Lloyds is one of the largest financial services firms in the world with close to $500 billion assets under management (AUM). The new digital currency […]

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Goldman-Backed Apple Card Restricts Cryptocurrency Purchases

Goldman-Backed Apple Card Restricts Cryptocurrency PurchasesCryptocurrencies cannot be purchased with the new Apple credit card according to the American multinational technology company’s recently published customer agreement guidelines. The Apple card’s restrictions indicate that the company’s partner, Goldman Sachs, is leery toward cryptocurrencies and other “cash equivalents” like lottery tickets and casino chips. Also Read: Banks Stopped Walmart Bank – Now […]

The post Goldman-Backed Apple Card Restricts Cryptocurrency Purchases appeared first on Bitcoin News.

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Citibank India to Not Permit Card Customers Purchasing or Trading Crypto

Citibank India to Not Permit Card Customers Purchasing or Trading CryptoCitibank India notified debit card and credit card clients via email on the 13:th of February they would no longer be able to participate in cryptocurrencies such as bitcoin. Citing regional and global concerns from regulators, the over a century old institution is following a growing number of traditional banks in cutting off access to […]

The post Citibank India to Not Permit Card Customers Purchasing or Trading Crypto appeared first on Bitcoin News.

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Lloyds Banking Group Bars Customers from Buying Bitcoin

THeMerkle Lloyds Banking Group BitcoinA growing number of banks have begun opposing the purchase and sale of Bitcoin and other cryptocurrencies. This is especially true when it comes to payment cards, although it also affects bank transfer-related transactions. Lloyds Banking Group is the latest financial institution to take a rather severe approach in this regard. It now forbids all of its customers from purchasing Bitcoin with its credit cards. It is another worrisome development, albeit one that will hardly surprise anyone at this point. Lloyds Banking Group Rejects Bitcoin Purchases No one can deny cryptocurrencies have become a rather popular commodity on a global scale. Especially due to the 2017

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