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Tag Archives: Country

Swiss Bank Maerki Baumann to Become Second in Country to Accept Cryptocurrency Assets

The Maerki Baumann private bank will become the second Swiss bank to accept cryptocurrency assets, financial news outlet International Investment reports August 6. The private Zurich bank has decided to accept crypto assets from payments received for services rendered, as well as those earned from crypto mining, as a response to new market demands and the rise of cryptocurrencies’ popularity, ...

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US Ranks as ‘Most Favorable’ Country for ICOs in Recent Report

The U.S., Switzerland, and Singapore were ranked as the top three “most favorable” countries for Initial Coin Offerings (ICO) in a recent report, according to a press release the researchers shared with Cointelegraph July 14. Analysts associated with the Crypto Finance Conference compiled the research based on publicly available data of the top 100 ICOs by country in terms of ...

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Crypto Miners Embrace Cheap Power in Europe’s Poorest Country

In Kosovo, Europe’s poorest country, there are few job opportunities for a population of which 50% are under 25 and most adults in the country wish to go abroad to work away from rampant corruption and cronyism. There is at least one positive asset though, cheap electricity. For a select few tech-savvy English speaking entrepreneurs who can pool together enough to ...

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Swiss Bank Becomes First in Country to Offer Business Accounts to Crypto Companies

Hypothekarbank Lenzburg has become the first bank in Switzerland to provide business accounts to blockchain and cryptocurrency companies, Cointelegraph auf Deutsch reported June 6. While Falcon Private Bank has provided crypto asset management services since last year, Hypothekarbank Lenzburg CEO Marianne Wildi confirmed that they are first bank in the country to open company accounts for blockchain and crypto-related fintech ...

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Polish Gov’t Invites BitBay to Join Working Group as Exchange Forced to Leave Country

Recently expatriated Polish cryptocurrency exchange BitBay tweeted yesterday, May 30, that the Polish Financial Supervision Authority (KNF) has asked them to join a Blockchain Working Group. BitBay suspended operations in Poland this week after banks refused to cooperate with the exchange, in the wake of the Polish government’s increasingly negative stance toward cryptocurrencies. Although BitBay did not directly address whether ...

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How a Country With a Population of 3M Is Helping Make Security Tokens the Next Crypto Megatrend

With security tokens predicted to be the next big crypto megatrend as early as the first quarter 2019, one tiny country in Europe’s Nordic region is helping bring security tokens into the mainstream by creating the world’s first infrastructure to legally issue and trade them. Yet for many within the crypto community, the difference between a utility token and a ...

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‘I’ve Got More Money Than Your Country’: Craig Wright tells Rwanda

Get exclusive analysis and cryptocurrency insights on Hacked.com for just $39 per month. “I’ve got more money than your country.” With those words, bitcoin cash promoter and self-described bitcoin creator Craig Wright found himself embroiled in yet another controversy, this time at an information technology conference in Rwanda. The nChain Group CTO made this inflammatory statement earlier this month at ...

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Binance Co-Founder Denies Rumors of Company’s Plans to Build Blockchain Country on Private Island

Co-founder of Binance crypto exchange He Yi has dismissed the sci-fi-esque claims of a Chinese fintech media platform that his company has hatched a so-called “Genesis Plan.” The plan was to build Binance’s own blockchain-powered country on a private island, QQ News reports Wednesday, May 16. The fintech media outlet, ‘Yibencaijing,’ reportedly a reputable platform, cited “insider sources familiar with ...

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Taipei Bank Launches First Blockchain Payment System In The Country

Privately-held Taipei Fubon Commercial Bank has reportedly become the first bank in Taiwan to deploy a blockchain-based payment system, local media Taipei Times reports May 14. The bank announced that it deployed its blockchain-based payment system for restaurants and merchants near the National Chengchi University. Taipei Fubon Bank first revealed its plans to introduce a blockchain-based payment network in March ...

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Irish University Study Calls For Government Action To Promote Blockchain In The Country

The authors of a study at the National University of Ireland (NUI) Galway on the adoption of blockchain in Ireland, called on the government to promote the technology more broadly in the country, The Irish Times reported May 11. The study proposes recommendations to increase blockchain awareness and adoption, that can reportedly have a positive impact on economic growth and ...

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