Barclays, the second-largest Bank by assets in the UK, is considering providing its customers to work with cryptocurrencies. Bloomberg reports that Barclays is in the process of assessing how this service will be popular among its customers. A source close to the Bank’s management reported that currently the Bank does not have any specific plans,… More
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
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 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
According to the Associated Press, Spanish police arrested a gang of criminals, consisting of citizens of Russia and Ukraine, which, according to the prosecution, participated in the theft of more than 1.24 billion US dollars, and the stolen funds were laundered with the help of cryptocurrency. According to statements by the Spanish police and Europol,… More
As Business Insider reports, the Banking group Santander joins forces with Ripple, to release an app to make international money transfers using platforms xCurrent and RippleNet. Grupo Santander is the largest financial group in Spain. Besides Spain, Santander is one of the leading places in the UK and in several countries of Latin America, is… More
A group of Japanese banks ‘ plans to use technology to create Ripple payment applications based on the blockchain based on the mass consumer. Japanese banks SBI Sumishin Net Bank, Suruga Bank, and Resona Bank will launch an application for smartphones this fall. The app will be called MoneyTap and will work on the basis… More
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
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
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