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CULTURE

Dutch Trader Loses Reclamation Suit Against Banks That Froze His Accounts

Shawn Gordon -
The aspiring trader filed suit for €43,220 (~$50,000) after missing out on the profits he might have made when two banks denied him their services.
MARKETS

Maerki Baumann Is the Latest Swiss Bank to Embrace Crypto

Nick Marinoff -
“This concerns investments in cryptocurrencies, as well as the technologies required to trade and store these instruments," the bank says.
REVIEWS

Bitcoin Magazine’s Week in Review: Challenging the Way It’s Always Been Done

Shawn Gordon -
Bitcoin Magazine's top bitcoin, blockchain and cryptocurrency news stories from the past week.
BUSINESS

“Eating Their Lunch:” Blockchain Upstarts Challenge Investment Banks

Marianne Lehnis -
Currently for large issuers, it’s a given that you simply have to use investment banks. But assuming regulatory compliance, it doesn’t need to be this way.
REVIEWS

“No Grounding In Reality”: BIS Report Tells A Strange Crypto Story

Nick Marinoff -
Since the report’s publication, many leaders in the crypto community have argued that the BIS is incorrect in much of what it seems to state as fact.
BUSINESS

India’s Central Bank Admits to Banning Crypto Accounts Without Research

Jimmy Aki -
In reply to a Right to Information query filed by a local lawyer, the bank revealed that its decision to ban cryptocurrency-related accounts was made without due consultation or study.
CULTURE

Swiss Bank to Allow Business Accounts for Crypto Companies

Jimmy Aki -
Switzerland’s mortgage bank Hypothekarbank Lenzburg (Hypi) has announced that it will open business accounts for crypto companies.
MARKETS

Bittrex Lands Bank Agreement to Help Customers Buy Bitcoin With Dollars

Nick Marinoff -
Bittrex CEO Bill Shihara says the exchange has been working on this partnership with Signature Bank of New York for months.
TECHNICAL

Argentinian Bank Allows Cross-Border Payments with Bitcoin

Nick Marinoff -
Banco Masventas is now the first financial establishment to base its cross-border payment system on the Bitcoin network.
BUSINESS

Mark Carney: Cryptocurrencies Do Not Pose Serious Risks

Nick Marinoff -
Less than 24 hours before he was scheduled to speak at this year’s G20 meeting, Carney seems to have reversed his stance on digital currencies,
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