Category: Bank

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Polish Central Bank Paid YouTubers for ‘Low Down and Dirty’ Smear Campaign Against Cryptocurrency

The Polish central bank (NFB) has been accused of paying prominent Polish YouTubers to run a “low down and dirty” smear campaign against the cryptocurrency market, without properly disclosing sponsorship. Subversive Tactics Poland’s central bank has been accused...

New Crypto Exchanges Launch in South Korea Despite Lack of Fiat Deposits

A number of new cryptocurrency exchanges are launching in South Korea despite being unable to provide full service due to regulatory challenges. Since the Korean government enforced the real-name system on cryptocurrency accounts, banks have only been providing...

Russia’s Largest Bank Caught Employees Mining For Crypto

Russia’s largest bank, the state-controlled Sberbank, has reiterated that it is not mining cryptocurrencies. However, the bank says that it has often caught its employees crypto mining using the bank’s equipment. Also read: Japan’s DMM Bitcoin Exchange Opens for...

Banco Santander Rolling out Ripple Payments in Q1

Same day international mobile payments utilizing the cryptocurrency Ripple’s (XRP) distributed ledger technology are on the horizon. Sending Ripples Through the Banking Industry Spanish banking group Banco Santander—“the first UK bank to introduce Blockchain technology which facilitates international...

Swedish Bank Nordea Forbids Employees from Trading Bitcoin

Reports have emerged that the Swedish banking giant, Nordea, has forbidden its employees from trading Bitcoin and other digital currencies. No More Bitcoin Trading Swedish bank Nordea has ordered all of its employees to stop trading in cryptocurrencies. According...

Canadian Financial Service Versabank Launches Digital Asset Vault

The well known Canadian financial institution Versabank has announced it is in the midst of building a new vault initiative for customers so they can securely store digital assets. Versabank’s latest creation will be called, ‘Versavault,’ a platform focused...

What’s in Your Wallet? If You’re Using Capital One, Then Nothing at All

Capital One is firing a broadside at crypto as they confirm that they will not allow customers to purchase cryptocurrency with their credit cards. Banks and cryptocurrency are natural enemies as they occupy opposing positions on the financial...

Metropolitan Bank Halting Cryptocurrency-Related Transfers

Metropolitan Bank Holding Corp, believed to be widely used by cryptocurrency companies and investment firms, has reportedly ceased all international wire-based, cryptocurrency-related money transfers. Fortune broke the news that Metropolitan Bank is immediately “ceasing all international crypto-related wire...