23 February 2018 | Banking techs | Blockchain techs | Financial startups | News

BNP Paribas, French international banking group, announced the launch of its new investment fund aimed at supporting cutting-edge fintech startups in a move to expand its stake portfolio with more innovation-based financial and insurance technology firms. According to the official statement the new fund will be managed by BNP Paribas Capital Partners and will be making indirect investments through Venture Capital funds focused on technology companies in the sphere of artificial intelligence, blockchain and cybersecurity.

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20 February 2018 | Blockchain techs | Cryptocurrency | News | Regulatory news

Mark Carney, Bank of England Governor, speaking at a private meeting held at Regent’s University in London, made a statement that the time for Bitcoin is running short as the cryptocurrency failed to prove being valuable for markets and consumers. He said that the cryptocurrency does not meet two major criteria: Bitcoin is not an exchange medium, nor a store of value.

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19 February 2018 | Blockchain techs | Cryptocurrency | News | Regulatory news

Late last week payment processor Worldpay and card network operator Visa reported that they are cancelling duplicate transactions, which resulted in unauthorized withdrawals of funds from the cards of card holders using the service of Coinbase cryptocurrency exchange.

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15 February 2018 | Blockchain techs | Cryptocurrency | News | Regulatory news

Coinbase published a statement this week notifying its US users that it discontinues accepting new credit cards as a method to pay for cryptocurrencies on its platform. In the notice posted on its official blog page Coinbase added that debit cards are not affected by the new rules.

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5 February 2018 | Blockchain techs | Cryptocurrency | News | Regulatory news

UK retail and commercial banking giant, Lloyds Banking Group made itself clear with univocal statement banning the use of credit cards by the consumers for purchasing cryptocurrencies, and Bitcoin, in particular. All customers holding cards from Lloyds, Bank of Scotland, Halifax and MBNA were notified that the transactions performed on their credit cards for buying digital currencies will not be honored starting from Monday, February 05.

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