UAE Exchange Signs With Ripple To Use Blockchain Technology
The UAE Exchange which is one of the most popular exchanges in the world recently announced that it has signed a deal with Ripple (creator of the cryptocurrency XRP) to incorporate Ripple's blockchain technology into UAE Exchange's payment system. UAE
Read More5 Reasons Why Binary Options Trading Makes Sense
There are a number of options open for people who gamble, apart from land-based or online casinos. There are the sports books, poker rooms, and also binary options trading. Today, more and more people are engaging in binary options trading
Read MoreASIC Confirms Refunds For ANZ & Westpac Credit Card Holders
Two of Australia’s biggest banks are returning a collective amount of $21 million to their credit card holders after corporate watchdog Australian Securities and Investments Commission (ASIC) called them out for credit card charges and limits malpractice. In two separate
Read MoreMajor US Banks Issue Fresh Ban On Cryptocurrency Purchases
More financial institutions are dropping support of Bitcoin and other cryptocurrencies as they decide to ban crypto purchases done via their bank’s credit cards. Major US credit card issuers such as the Bank of America Corp. (BoFA), JPMorgan Chase &
Read MoreUK Watchdog To Investigate KPMG Over Carillion Auditing
Accounting firm KPMG will be investigated by the UK industry watchdog in regards to its auditing of accounts of the collapsed construction firm Carillion. The construction firm was connected to the renovation of the Battersea Power station as well as
Read MoreBofA Eliminates Free Checking Accounts, Upsetting Customers
Bank of America (BofA) recently announced that they are eliminating their free checking accounts which did not go down well with Bank of America customers who went online to voice their disapproval. Those who used to have free accounts have
Read MoreKushner Companies Transactions Flagged As ‘Suspicious’
Deutsche Bank is reported to have flagged multiple transactions carried out by Kushner Companies. According to a Hamburg-based business magazine known as Manager Magazin, the bank is also prepared to turn over the documents relating to the flagging to Special
Read MoreKorean Cryptocurrency Traders To Be Fined For Not Converting Virtual Accounts
South Korean financial authorities recently announced that South Korean cryptocurrency investors must convert their virtual accounts into real name accounts. Cryptocurrency traders who refuse to convert their virtual accounts into real-name ones will be fined. This announcement does not come
Read MoreVisa Crackdowns On CryptoCurrency Card Provider WaveCrest
Thousands of pre-paid cryptocurrency card users were affected over the weekend after Visa decided to crackdown on a popular card provider and suspend its services. WaveCrest, a Gibraltar-based company issues pre-paid cryptocurrency cards that allows its users to make payments
Read MoreMoneyGram Sale Blocked Due To US National Security Concerns
China’s Ant Financial which is a subsidiary of Jack Ma’s Alibaba Group Holding Ltd was in the process of acquiring MoneyGram for $1.2 billion as the Chinese conglomerate was expecting to complete this strategic acquisition and then challenge China’s Tencent
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