Tag: banks

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Singapore to Help Cryptocurrency Businesses Set Up Local Bank Accounts

In a new development attesting Singapore’s increasing acceptance of cryptocurrencies, the city-state’s Monetary Authority revealed that it’s willing to assist digital currency companies with...

Bank Lenders Turn to Blockchain to Stay in Competition with Fintechs

Fintech companies are threatening traditional banks to such an extent that banks are now embracing the blockchain to offer low-cost services.Introducing the Blockchain to...

Crypto Firms One-up Banks in Race for Hong Kong Office Space

Hong Kong is one of the financial centers of the world. Numerous banks have set up shop in the region, as have cryptocurrency firms....

Lithuania Enjoying Cryptocurrency Boom as EU Banks Fret

Lithuania has rolled out the welcome mat for cryptocurrency ventures, resulting in a financial boom. However, EU central banks continue to fret over the...

Mad Money Host Claims Bitcoin and the Blockchain Are Impacting Bank Stocks

The host of CNBC's Mad Money, Jim Cramer, has said that technologies such as Bitcoin and PayPal are putting pressure on bank stocks despite...

ClearBank Brings Faster Payments Service to the London Block Exchange

Traditional financial services play an important role in the cryptocurrency world. Especially for exchanges, a reliable banking partner makes a big difference. One exchange...

Switzerland Rejects Pro-Crypto Sovereign Money Initiative

Switzerland is one of the more crypto-friendly nations on the planet. However, the country voted down the Sovereign Money Initiative that sought to limit...

Banks Shut Down Accounts for Cryptocurrency Exchange in Colombia

Compared to many other countries, Colombia is a small fish in the cryptocurrency sea, but interest is rising. Dark clouds, however, are appearing as...

Bittrex Seeks Bank Partnerships to Enable Additional USD Trading Options

A positive development is on the horizon in the cryptocurrency sector. Purchasing this particular type of asset still remains a big struggle. Users of...

Bitcoin Exchanges in India Suffer From Frozen and Capped Bank Accounts

Various banks all over the world refuse to process Bitcoin transactions. This is a very big problem for consumers, but also for exchanges and...

Reflecting on the Past and Looking Forward for Ripple

The year 2017 has been pretty positive for Ripple as a whole so far. Things have evolved in the right direction for the company,...

Two More Banks Join the SBI Ripple Asia Consortium

The SBI Ripple Asia Bank Consortium has seen significant growth as of late. As the name suggests, the goal is to get Asian banks...