Last April, regulated financial institutions in India where forbidden from providing services to cryptocurrency businesses. This came after a statement published by the Reserve Bank of India, which prohibited dealing in virtual currencies. In response to these...
After the cryptocurrency “boom” of the past few months, many states in the US have found themselves in the need to update their legislatures, in order to make sure any new concepts are properly treated within the...
The San Francisco based bank, Wells Fargo, announced recently that the purchase of cryptocurrency with their credit cards will no longer be allowed.
Wells Fargo is the third largest bank, by assets, in the United States, and recently reported
that their customers...
With the constant discussion of nations and central banks issuing their own cryptocurrencies, Russian President, Vladimir Putin recently dissipated any rumor by clarifying that,
"digital currencies are a phenomenon that is just developing"
Putin added that,
"Russia can not have their...
According to the Deputy of the Bank of Italy: government cryptocurrencies could save the EU up to € 76 billion.
Fabio Panetta, Deputy Director of the Bank of Italy, gave an opening speech
focused on the digital currencies of the...
MasterCard will be exploring the use of public blockchain to securely verify payment cards at the point of sale, according to recently published documents. The payment company has presented a transfer and recovery process to validate the payment credentials...
The Bank of Thailand (BoT) is considering the issuance of their own cryptocurrency, according to the bank's governor in a statement on June 5th.
In a speech on Thai economic development, the governor of the Bank of
Thailand, Veerathai Santiprabhop,...
The CEO of Ripple affirms that BTC will never be the global currency.
Brad Garlinghouse, CEO of Ripple, was recently interviewed by CNBC, and stated that he does not believe that Bitcoin will become the global currency. He added that it...
The South African Central Bank, the SRBA (South African Reserve Bank) recently announced the successful implementation of their innovative payment system based on blockchain. This is a revolutionary breakthrough that could change the banking world forever.
According to SRBA, a...
A problem in Visa's payment processing network affected most of Friday night's movements in the United Kingdom, as well as other European countries. The problem was resolved on Saturday, according to what Visa Europe reports on their...
