Latest news about: banks

The largest Bank in Denmark has banned cryptocurrency transactions

The largest Bank in Denmark has banned cryptocurrency transactions

The largest Bank in Denmark Danske Bank has warned clients about the risks of investing in cryptocurrencies. Banks with a network of branches in Trondheim, Norway and Vilnius, Lithuania, currently prohibits cryptocurrency transactions with financial instruments of the Bank. According to the manual, crypto-currencies are not supported by the Central Bank, hence, their investors and… More

Chile: banks closing accounts of cryptocurrency exchanges

Chile: banks closing accounts of cryptocurrency exchanges

Two Chilean cryptocurrency exchanges BUDA and Crypto MKT found that the number of banks in the country closed their accounts. In this regard, the exchange contacted the Association of banks and financial institutions of Chile (ABIF) with a request to clarify its stance towards the cryptocurrency. According to local news channel PULSO, BUDA and Crypto… More

The national Bank of the UK will be engaged in testing blockchain technology

The national Bank of the UK will be engaged in testing blockchain technology

The Bank of England intends to use proof-of-concept (PoC) to understand how the payment processing system RTGS real-time can interact with the technology of distributed registries (DLT). RTGS is a special payment system, which works in real time, and the transfer of funds is carried out on a “gross basis”. This means that the transaction… More

Liechtenstein Bank Frick first starts to trade cryptocurrencies

Liechtenstein Bank Frick first starts to trade cryptocurrencies

Liechtenstein Bank “Frick” has become the first regulated Bank to offer direct investment and cold storage five cryptocurrency. Representatives of the Bank stated this in a press release on February 28. The Bank specialized in financial services for an international clientele, mainly professional investors and advisors, provides the opportunity to buy and sell Ethereum, Bitcoin,… More

Bitwala launches first cryptocurrency Bank

Bitwala launches first cryptocurrency Bank

German blockchain company specializing in the provision of payment services, Bitwala announced the launch of a new service for German customers. The service includes the creation account, international Bank account number (IBAN), all SWIFT code and the provision tied to the account debit cards MasterCard. Currently the company is awaiting review of its application to… More

Thailand banks close the accounts of local cryptocurrency exchanges TDAX

Thailand banks close the accounts of local cryptocurrency exchanges TDAX

The largest Thai financial institution Krungthai Bank closed the accounts of a local cryptocurrency exchange Digital Asset Exchange (TDAX). The Bank became the second in Thailand who have stopped transactions associated with crypto-currencies through Bank accounts of this exchange. The first financial institution to cease cooperation with the TDAX last week was Bangkok Bank. This… More