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Author: Bitcoin Price

Sainsbury Bank Gives £25 Handouts as ‘Gesture’ for Gray market Customer Funds

ENGLAND bank Tesco Bank has suspended e-commerce payments after funds been consumed from 20 thousand health care records, while  customers report  to be offered  ‘ goodwill gestures’ worth  just £ 21. Also evaluate:   Did Barclays Just Point out War on Bitcoin Users? Tesco Fiscal: Accounts Blocked As ‘ Precaution’ Tesco Bank, managed by the UK’ s premier supermarket chain of the same brand, has so far not because details about the thefts, which experts claim occurred at the weekend. In modest news messages on the actual blog, the bank stated everything “ had taken procedure for protect” what...

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Digital Asset Holdings Targets Systemically Important FIs With New Blockchain Tech

Digital Asset Holdings has revealed new blockchain technology it believes could one day connect the world’s most important financial institutions. Instead of a single “full stack” of its own applications, languages and execution capabilities, the company (headed by former JP Morgan executive Blythe Masters) is going for a more modular approach with its new Global Synchronization Log (GSL), revealed for the first time late last week. Intended to serve as a foundation for independent distributed ledger implementations, GSL also aims to help other blockchain products focus on improving their smart contract servicese. Digital Asset Holdings CTO Shaul Kfir went so far...

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Le Cercle du Coin Creates a ‘Bitcoin Boulevard’ in Paris

The Le Cercle du Coin association just announced the grand opening of France’s first “Bitcoin Boulevard”. With help from Maison du Bitcoin, the boulevard passage will feature an eclectic range of merchants, artisans, and bistros that are proponents of the decentralized cryptocurrency. Also read: Reports of China Banning Bitcoin Are Greatly Exaggerated A Bitcoin Boulevard in the Heart of Paris Jacques Favier, co-founder and Secretary of Le Cercle du Coin wanted Bitcoin to have its own boulevard in Paris. So the French-speaking European Bitcoin association decided to act on the idea. The group has designated the Passage du Grand Cerf, a...

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SEB to Build Blockchain Channel Between New York and Stockholm

Swedish bank SEB will soon enable customers to make real-time transfers between accounts in Stockholm and New York. The new feature will be built using technology provided by distributed ledger startup Ripple, a San Francisco startup that specializes in enterprise cross-border applications. SEB said it plans to make the service live next year, which an eye for larger expansion thereafter. In statements, Paula da Silva, head of Transaction Services at SEB, expressed a desire to build connections with other banks and financial institutions as it seeks to use the technology more broadly in its operations. Da Silva said: “In...

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Colorado Cannabis Operations Begin Banking With Bitcoin

Across the United States, cannabis operations are now becoming common. However, cannabis business owners from fully-legalized states such as Washington and Colorado are having a hard time cashing in on their frowned-upon weed businesses. According to Motherboard, one Colorado hemp farmer is turning to bitcoin and teaching others how to leverage the decentralized currency. Also read: Cannabis Security Firm Goes Bitcoin to Solve Industry’s Banking Problem Legal Cannabis Businesses Still Experience Discrimination Cannabis is legal in a couple of states now, but it’s not the “easy money” everyone thinks. In fact, in Colorado, many businesses have had a hard time dealing with large...

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