Crypto Bank Expands in India — Confident Government Will Approve Legitimate Use of Cryptocurrencies

Crypto Bank Expands in India — Confident Government Will Approve Legitimate Use of CryptocurrenciesCrypto bank Unicas, a joint venture between Cashaa and United Multi State Credit Cooperative Society, has expanded its operations by opening another physical branch. The bank believes that the Indian government will introduce positive crypto regulation and not impose an outright ban on cryptocurrencies such as bitcoin. New Physical Crypto Bank Branch Opens in New […]

Go to Source

Powered by WPeMatico

Physical Crypto Bank Opens in India — These 14 Locations Offer In-Person Banking, Lending, Crypto Exchange

Physical Crypto Bank Opens in India — These 14 Locations Offer In-Person Banking, Lending, Crypto ExchangeA crypto bank has begun opening physical branches in India through a joint venture between Cashaa and United Multistate co-op society. Customers can open bank accounts, buy and sell cryptocurrencies, obtain crypto-backed loans, as well as learn about crypto. Crypto Bank Opens Physical Branches Crypto bank Unicas, a joint venture between Cashaa and United Multistate […]

The post Physical Crypto Bank Opens in India — These 14 Locations Offer In-Person Banking, Lending, Crypto Exchange appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Venezuela Files Complaint With WTO Regarding US Sanctions Targeting Petro

On Jan. 8, the World Trade Organization (WTO) published a dispute settlement request that was filed by the Bolivarian Republic of Venezuela with regards to executive orders and sanctions maintained by the United States that target Venezuela and the nation’s cryptocurrency, the petro. The document was filed with the WTO on Dec. 28. Also Read: Malaysia […]

The post Venezuela Files Complaint With WTO Regarding US Sanctions Targeting Petro appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Fincen Claims Iran Is Using Crypto to Evade Sanctions

ranian Bitcoin Transactions Estimated at $3.8M Since 2013The Financial Crimes Enforcement Network has warned U.S financial institutions that the Iranian government might be dodging economic sanctions by using cryptocurrencies. The document highlights challenges arising from peer-to-peer virtual currency exchanges and encourages banks to monitor blockchain ledgers for transactions tied to the country. Also Read: Church Mining Cryptocurrency to Pay Higher Electricity Rates Iranian […]

The post Fincen Claims Iran Is Using Crypto to Evade Sanctions appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Fincen Claims Iran Using Crypto to Evade Sanctions

ranian Bitcoin Transactions Estimated at $3.8M Since 2013The Financial Crimes Enforcement Network has warned U.S financial institutions that the Iranian government might be dodging economic sanctions by using cryptocurrencies. The document highlights challenges arising from peer-to-peer virtual currency exchanges and encourages banks to monitor blockchain ledgers for transactions tied to the country. Also Read: Church Mining Cryptocurrency to Pay Higher Electricity Rates Iranian […]

The post Fincen Claims Iran Using Crypto to Evade Sanctions appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Regulations Round-Up: Malta Clarifies Law, UK Wealth Managers Urge FCA Action

In recent regulatory news, Malta’s financial regulator has sought to clarify the nation’s cryptocurrency regulations following the passing of an act pertaining to crypto assets, UK-based wealth managers have called for the FCA to take a strong stance regarding cryptocurrencies, and the deputy governor of Bank of Israel has predicted that cryptocurrencies will contribute to […]

The post Regulations Round-Up: Malta Clarifies Law, UK Wealth Managers Urge FCA Action appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Circle to Seek Federal Banking Licensing with U.S. OCC

Office of the Comptroller of the CurrencyCircle Internet Financial Ltd has revealed that it is currently seeking to obtain a federal banking license with the U.S. Office of the Comptroller of the Currency (OCC) in order to expand the services available to the company’s customers. It also hopes to pursue registration with the U.S. Securities and Exchange Commission (SEC) as a […]

The post Circle to Seek Federal Banking Licensing with U.S. OCC appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico