Tag: Bank

French ATM Glitches and Bank Closures Reported After Scheduled Bank Run

French ATM Glitches and Bank Closures Reported After Scheduled Bank Run The grassroots yellow vest movement in France has been participating in protests for weeks on end. Just recently, high profile yellow vest members have been promoting a “bank run” on financial institutions and automated teller machines in Paris. According […]

Indian Bank Forcing Customers to Agree to Anti-Cryptocurrency Policy

Indian Bank Forcing Customers to Agree to Anti-Cryptocurrency Policy An Indian bank is reportedly forcing customers to agree that they “will not deal with any transactions related to cryptocurrency including bitcoins” when signing up for an account. In addition, there are reports of banks blocking accounts of their existing customers […]

Central Bank Official: Regulators Are Hindering the Development of Cryptocurrencies

Central Bank Official: Regulators Are Hindering the Development of Cryptocurrencies An excessive number of regulatory agencies are interfering with the prospects of successful development of cryptocurrencies in Ukraine, according to a high-ranking representative of the country’s central bank. What the sector needs instead is proper regulations and laws that will […]

Huobi and Major Russian Bank to Provide Legal Help to the Crypto Industry

Huobi and Major Russian Bank to Provide Legal Help to the Crypto Industry The recently established Russian subsidiary of global cryptocurrency exchange Huobi and Vnesheconombank, Russia’s state-owned development bank, are now partnering to offer crypto companies legal support and advice. The newly created “legal lab” will also represent blockchain businesses […]

Saxo Bank Founder Lars Christensen Is Waiting for a Cryptocurrency Panic Sell-Off

Saxo Bank Founder Lars Christensen Is Waiting for a Cryptocurrency Panic Sell-Off Danish Saxo Bank founder Lars Seier Christensen made millions trading BTC, but as the CEO of a bank, he had a hard time persuading his staff to offer crypto services. Now he’s waiting on the sidelines for another […]