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Turkey, India and China Look to Ban Crypto, U.S., Germany and Iran Move to Use It


Turkey, India and China Look to Ban Crypto, U.S., Germany and Iran Move to Use It
On 5/6/21 at 2:11 PM EDT
The emergence of Bitcoin has sparked a schizophrenic response: Investors embrace it, but some governments scorn cryptocurrencies while others seek to ban them.
Bitcoin fell about 4% last month after Turkey s central bank prohibited the use of crypto in commerce, citing the danger of irreparable damage and transactional risk.
Their use in payments may cause non-recoverable losses for the parties to the transactions, and include elements that may undermine the confidence in methods and instruments used currently in payments, Turkey s central bank said when it announced the ban. ....

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Bitcoin in Your Bank Account? FIS, NYDIG Partner to Enable Banks to Offer Their Customers the Ability to Buy, Sell and Hold Bitcoin


Bitcoin in Your Bank Account? FIS, NYDIG Partner to Enable Banks to Offer Their Customers the Ability to Buy, Sell and Hold Bitcoin
Key facts Industry-first solution for FIS’ core banking clients enables them to offer their customers the ability to buy, sell and hold bitcoin. FIS’ Digital One™ Mobile will provide a user-friendly interface connecting consumers seamlessly in-app with bitcoin trading services. NYDIG will provide a secure, regulated custodial and trading platform for bitcoin transactions. Financial technology leader FIS ® …
Key facts
Industry-first solution for FIS’ core banking clients enables them to offer their customers the ability to buy, sell and hold bitcoin. ....

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