Bitcoin news
Why doesn’t a bank block or ask for security checks beyond the obvious ones – such as SMS with a validation code – but it does when we want to allocate money to our Coinbase account? The reason has to do with the prevention of money laundering, something that has money transfers to cryptocurrency buying houses in the firing range.
In the same thread, we can see that another ING customer also encounters problems during the same process. We turn to María José Bachiller, corporate communications at ING, who responds in a similar vein to Abanca: «At ING we do not offer access to cryptocurrency markets. Our investment product offering is based exclusively on products listed on regulated markets that can guarantee legal security for our investors.» We again clarified to them that it is not a question of which investment products you include on your platform and which you do not, but what motivates a customer to experience blocks when sending their money to Coinbase. We did not hear back from you.
Ramon investment strategies
The draft Circular that adjusts DCIN-83 to the New Foreign Exchange Information System was published for comments. This circular contains the amendments to the External Regulatory Circular.
Pursuant to the transfer of your request by the Financial Superintendence of Colombia, we answer your communication in which you ask «if in Colombia it is already possible to carry out operations or transactions…».
We have received a copy of (…) of two questions submitted to said agency, related to crypto-asset transactions within the framework of Colombian regulations. In this regard we would like to inform you of the following:….
The global economy is adapting to new developments and computational innovations that have the potential to transform the way goods, services and assets are exchanged in the economy.
Coinbase popular bank
One of the reasons why people would look for websites that accept SEPA transactions would be the fact that they live in Europe. Did you know that not all exchange websites accept SEPA transfers when it comes to buying Bitcoins? If you are from Europe and want to buy Bitcoin, knowing where to go would be helpful. Here is some information about SEPA transactions between Kraken and Bitsamp.
Looking for SEPA-capable websites before trying to buy Bitcoin would be the best thing to do. There is nothing like finding a website where you can buy Bitcoins with ease and without thinking about the transaction itself. The beauty of finding the best website for your transaction is that you can sleep at night knowing that after a couple of days, your balance will appear in your wallet.
Of course, SEPA transactions are focused on the EU region and would benefit them the most when it comes to buying Bitcoin through their banks. There is an interesting article on a couple of SEPA deposits that you can find here.
News for investing in the stock market
Blockchain is a technology that mainly guarantees the immutability and security of information, which is being introduced in almost all industries, from banking and logistics to the government sector.
Its operation is similar to that of the Internet, since it is a computer protocol: if the Internet allows us to transmit information instantaneously, the characteristics of the Blockchain allow us to transmit «value» in the same way.
The «blockchain» concept began to become popular in 2008 with the emergence of Bitcoin, the cryptocurrency that allows P2P or peer-to-peer transactions. This protocol was the first to be classified as «Blockchain».
From that moment on, it began to be seen how this technology could be used for different processes and this gave rise to Ethereum, a blockchain capable of executing programs in a decentralized way and which has popularized the term «smart contract».
In this framework, Banco Sabadell participates, along with other banks, in a large blockchain project with Iberpay (manager of the interbank payment system) to prepare the payment infrastructure so that all initiatives and solutions developed in blockchain will be able to initiate and receive payments with the existing banking infrastructure. It will be a blockchain interbank network interoperable with Iberpay’s platform, a facility to help the development of this technology.
