Mike Novogratz hopes to make the Galaxy Digital merchant bank as the “Goldman Sachs of crypto”. Billionaire investors and Bitcoin Bull Mike Novogratz is back in the news once again as the hedge fund manager has successfully managed to raise $250 million for a cryptocurrency merchant bank named Galaxy Digital....
Banco Santander has set a Q1 2018 launch date for the introduction of same-day, mobile, international payments for customers, which will operate using blockchain technology on Ripple’s distributed ledger. For banks, the benefit of using Ripple is that it can enable the transfer of data and value in a...
Citibank India is the latest major bank to ban its customers from using credit cards for purchasing cryptocurrencies, but it has taken the measure one step further by banning the use of debit cards for crypto purchases as well, Quartz India reports today, Feb. 14. Quartz India wrote today that...
Portugal’s Central Bank Director Hélder Rosalino said that he didn't consider cryptocurrency a currency or legal tender and hinted that the Central Bank of Portugal has a similar position. His views are in line with many countries around the world, including the US where “a cryptocurrency does not have legal...
As crypto becomes more popular the number of cyber criminals looking for some easy pickings will increase. Online scams are nothing new but the nature of cryptocurrencies means that those without the technical expertise will be additionally vulnerable. Banks and credit card issuers have acknowledged this which may be...
Everyone, even the biggest skeptics of Bitcoin and other cryptocurrencies have all had their positives to say about the underpinning Blockchain technology which has the potential to change the world. However, it has been 10 years since Blockchain technology came into the open, and yet we still don’t really...
Banks in the UK are giving mixed signals to cryptocurrency investors. Some have announced that they will no longer allow purchases to be made for digital currencies such as Bitcoin and Ethereum using their credit cards. Meanwhile, others have stated that they will enforce no such ban and as...
Augustín Carstens, the general manager of the Bank for International Settlements (BIS), called Bitcoin a “combination of a bubble, a Ponzi scheme and an environmental disaster”  and asked central banks to more closely regulate cryptocurrencies during a speech at Goethe University on Feb. 6. BIS is known as the “bank...
In our Expert Takes, opinion leaders from inside and outside the crypto industry express their views, share their experience and give professional advice. Expert Takes cover everything from Blockchain technology and ICO funding to taxation, regulation and cryptocurrency adoption by different sectors of the economy. If you would like to...
On the list of anti-cryptocurrency countries, Poland has never really stuck out. In fact, there has been enough evidence to suggest that the Eastern European country was moving towards embracing Bitcoin and Blockchain technology. However, a recently uncovered smear campaign by the NBP (National Polish Bank, or Central Bank) has...