Swiss bank Falcon to offer direct crypto transactions

Bitseven.com – Non-state Falcon Private Bank (Switzerland) provided its customers with opportunity to receive and send cryptocurrencies. This was stated by the bank officials in press release that came out…

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Bank of England Adviser: Cryptocurrencies Fail Basic Financial Tests, Lack Value

Bitseven.com – Huw van Steenis, senior adviser to Bank of England’s (BOE) Governor Mark Carney, told Bloomberg in an interview Monday, Jan. 21, that cryptocurrencies fail fundamental financial tests. Van Steenis joined BOE in…

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Chile: Anti-monopoly Court Rules to Keep Crypto Exchanges’ Bank Accounts Open

Bitseven.com – The Chilean anti-monopoly court has again granted protection to local cryptocurrency exchangesby forcing banks to keep their accounts open, financial news outlet Diario Financiero reported Jan. 2. According to a recent statement from Buda.com —…

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Advisory Council of UAE Banks Federation Considers Adoption of Blockchain in Banks

Bitseven.com – The Advisory Council of the United Arab Emirates Banks Federation (UBF) discussed applying blockchain in its member banks, according to the Dubai-based English language newspaper Gulf News on Dec. 17. The Advisory Council of UBF,…

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