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Tag Archives: Customers

Iberdrola Uses Blockchain to Authenticate Clean Energy for Corporate Customers

The Spanish utility Iberdrola this month said it had used ablockchainplatform to certify delivery of green energy to one of its corporate customers. The company used a platform developed by Energy Web Foundation (EWF) to provide real-time Guarantees of Origin for renewable energy delivered to Kutxabank, a bank based in …

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Morris Mosseri: Customers want to use Bitcoin

Bitcoin and online gambling were practically made for each other. As a payment system, Bitcoin provides the best experience for placing wagers, and the blockchain unleashes new possibilities for products that were prohibitively expensive or impossible before. Morris Mosseri, founder and chief technical officer of BlockChain Innovations (BCI), joined CalvinAyre.com’s …

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India: Cryptocurrency-related transactions leads Digibank to close customer’s account

Recently, the Reserve Bank of India had prohibited Indian banks from providing assistance or services to cryptocurrency businesses. Following this development, banks have now added new terms in their customers’ contract, prohibiting them for using cryptocurrencies of any kind. In recent developments, Twitter user @Indiabits21 tweeted about Digibank, a renowned …

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Indian Bank Closes Customer’s Account for Bitcoin Transaction

In an attempt to crackdown crypto-related transactions, Kotak Mahindra Bank, a major private retail bank in India, has issued “Termination of Account” letter to one of its account holders. The report surfaced as one of the crypto enthusiasts in the country posted a snapshot of the letter on Twitter. Discover …

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Indian Banks Are Forcing Customers to Comply to Anti-Cryptocurrency Policy

The cryptocurrency crackdown in India has taken an interesting turn. Following the regulatory measures from the Reserve Bank of India of prohibiting local banks from providing services to cryptocurrency businesses, some Indian banks have taken drastic measures to discourage cryptocurrency adoption. According to reports, the banks are forcing customers to sign contracts …

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Indian Banks Force Customers to Promise Not to Use Bitcoin

Following new regulatory measures from the Reserve Bank of India prohibiting banks from providing services to cryptocurrency businesses, some Indian banks are taking drastic measures to discourage cryptocurrency adoption, reportedly requiring customers to sign contracts stating that they will not use cryptocurrencies of any kind as part of their new terms …

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Cryptocurrency adoption prohibited by Indian banks; force customers to sign contract

The Reserve Bank of India, India’s central banking institution had prohibited the banks of the country from providing any assistance or services to cryptocurrency business. Following this, the banks in India are taking things one step ahead by asking customers to sign contracts stating that they will not use cryptocurrencies …

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Indian Bank Forcing Customers to Agree to Anti-Cryptocurrency Policy

Regulation An Indian bank is reportedly forcing customers to agree that they “will not deal with any transactions related to cryptocurrency including bitcoins” when signing up for an account. In addition, there are reports of banks blocking accounts of their existing customers if they are found to have made crypto-related …

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Coinbase Has Still Not Issued Bitcoin SV to Customers

Coinbase has yet to give Bitcoin Cash holders their Bitcoin SV from the Bitcoin Cash hard fork that happened November 15th 2018. The fork away from Bitcoin Cash by Craig Wright and Calvin Ayre’s preferred chain, called Bitcoin SV or “Satoshi’s Vision,” happened November 15th. The hash war was widely …

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HitBTC Freezes Customers’ Accounts ahead of Proof of Keys Event

Cryptocurrency exchange HitBTC has frozen its customers’ accounts ahead of an annual proof of keys event, according to multiple sources. On December 31, 2o18, the company responded to an open complaint on Reddit after the user accused them of suspending his withdrawal requests. Redditor PEDXS said that he had dutifully …

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