Bitcoin News / Bitcoin.com - 1 year ago
Angel investor Balaji Srinivasan says the collapse of crypto exchange FTX should be treated as “a preview of state failure.” He warned that one day U.S. dollar bank accounts “may be frozen or inflated to worthlessness,” emphas...
Cryptocoins News / The Cointelegraph - 1 year ago
Iran’s plan to freeze bank accounts reinforces the need for decentralized currencies to exist in tandem with cash and CBDCs. A member of the Iranian parliament has tol...
Cryptocoins News / The Cointelegraph - 1 year ago
Former FTX CEO Sam Bankman-Fried, in a conversation with Vox, admitted to using Alameda’s banking facilities for FTX user deposits. The FTX contagion saga sees new re...
by COINS NEWS - 1 year ago
We all may have thought that the FTX scandal could not get worse but it today actually got a lot worse. The same person who handled Enron just said that FTX is the worst thing he ever saw, that speaks a lot of volume. Now it also got revealed b...
Bitcoin News / Bitcoin.com - 1 year ago
After years of court battles in Chile, a cryptocurrency exchange has managed to open a bank account in Bci, a financial institution that established a protocol to serve these businesses. The first exchange that opened a bank account with the institut...
Bitcoin News / Bitcoin.com - 1 year ago
India’s Enforcement Directorate (ED) has unfrozen the bank accounts of cryptocurrency exchange Wazirx, the company said. The accounts were frozen as part of the federal agency’s investigation into 16 fintech companies and instant loan a...
Cryptocoins News / The Cointelegraph - 1 year ago
The Indian crypto exchange was under investigation by local authorities for money laundering allegations which caused a freeze on over $8.1 million in bank account funds....
by COINS NEWS - 1 year ago
tldr; Blockstream CEO Adam Back has warned that central bank digital currencies (CBDCs) allow the powers that be to seize and control a person’s wealth. "Bitcoin is apolitical, bearer, unseizable money, and that is what matters. In fact, CBDCs are s...
Bitcoin News / Bitcoin.com - 1 year ago
A Kenyan agency charged with tracing and freezing proceeds of crime said it recently obtained an order giving it the authority to freeze bank accounts belonging to Nigerian fintech Flutterwave. The agency alleges that Flutterwave is not providing mer...
Cryptocoins Exchanges / Binance - 1 year ago
Hello everyone, Quick question: In order to link and verify my (German) bank account, I had to transfer 3 Euros to the data that was given to me in that little window that pops up when I want to withdraw Euros via SEPA. I would like to know 3 t...
Bitcoin News / Bitcoin.com - 1 year ago
Iran’s Ministry of Intelligence has reportedly blocked almost 10,000 bank accounts over suspicious foreign currency and cryptocurrency transactions. The action was carried out in collaboration with the country’s central bank.
9,219...
More / Bitcoin Reddit - 2 years ago
If you were a American Billionaire, how scared would you be watching a *Foreign Billionaire* get their assets & bank accounts frozen for no fault of their own.Billionaires around the world are scared right now. Only Bitcoin lifeboats can save the...
by COINS NEWS - 2 years ago
The below graph tells you everything! https://preview.redd.it/slrfraq43ef81.png?width=1320&format=png&auto=webp&s=35dab2b53cbb20cbf5569b1324c85566d22229ce Pretty impressive, isn't it? In September, El Salvador became the first c...