News
UBS, Sygnum Bank and PostFinance completed a blockchain study proving the technology’s efficacy for bank deposits and institutional payment infrastructure.
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Bank Accounts News
A bank account is an account opened and provided by a bank for an entity or individual for their participation in a cashless money flow or storing of money for further use. There are about eight different types of bank accounts, depending of the purpose of use. Moreover, it is currently possible to check bank accounts online and get all the necessary information without leaving home. Since the cryptocurrency industry has grown and become more popular, many startups related to this technology have appeared. However, because cryptocurrency regulation has not been established in many countries, opening bank accounts for Bitcoin-related businesses can become a difficult task. The specificity of this market means that just a few countries are ready for such financial innovations and just some of them allow opening accounts for that purpose.
- News
Evgeny Masharov, a member of the Russian Civic Chamber, says Russia should start a crypto exchange through a major financial institution.
5865 - Explained
Despite blockchain’s decade-long presence in finance, many industry veterans remain skeptical about its practicality and necessity.
- Opinion
Big banks have closed thousands of customer accounts without warning or explanation to their customers. Saturday Night Live treated victims like a joke.
2887 - News
The account services for crypto firms come at a time when United States-based companies are struggling to find local banking partners and are frequently looking abroad.
4001 - News
Tether has hit back at a Wall Street Journal report detailing alleged shady dealings by it and Bitfinex to open bank accounts.
7755 - News
Celsius halted withdrawals on the platform on Jun. 13 and filed for bankruptcy a month later on Jul. 13.
5951 - News
The Bahamian Securities regulator was ordered to offer custody for digital assets belonging to bankrupt crypto exchange FTX on Nov. 12.
9204 - News
United-States-based Twitter users had been reporting suspicious data access requests from FTX.US to their bank accounts.
12105 - Sponsored
A new protocol enables atomic swaps between fiat and crypto — enabling digital assets to be bought directly from a bank account within minutes.
18721 - News
Major cryptocurrency exchange Poloniex announced that it now allows its users to use credit cards and bank accounts on the platform.
6148 - News
Crypto lending company BlockFi has lowered the interest rates for their biggest cryptocurrency deposit accounts.
5501 Only 27 out of 100 banks got ‘Honor Roll’ status during the online security test by OTA which means less than half of top 100 banks in the US scored the acceptable rating of 80% when it comes to security.
9883Finnish law will enable citizens from any EU state to open a dinosaur bank account Finland from January 1, but information-sharing could mean this is a mixed blessing.
1416US-based consumers are faced with substantially high overdraft, monthly, ATM and NSF fees. Storing money in bitcoin wallets is by far a safer investment method for any traders, investors and consumers.
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