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Australian Bank Bans Use Of Mortgage Funds For Crypto Speculation - Latest News


Australian Bank Bans Use of Home Equity Loans for Crypto Trading

The Australian Bank of Queensland has barred the use lines of credit from ... Borrowers could access loan money from for a property to purchase crypto by using redraw features offered with the mortgag... read more

A snapshot of current crypto regulations of all G20 member states

The eyes of the crypto world will be on the upcoming G20 meeting of finance ministers and central bank governors ... planning to use a G20 meeting next week to call for combined regulatory efforts to ... read more

What the world’s central banks are saying about cryptocurrencies

Here’s a wrap-up of how the world’s largest central banks (and some smaller ones) are approaching the crypto ... do with their use as an efficient and convenient form of electronic payment,” said Phil... read more

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Expert speak (Part I): The biggest disruption in blockchains and cryptocurrencies is yet to come

Also Read: Bitcoin in Singapore: New Bitcoin kiosk launched, CoinHako’s Singapore bank account shuts down We do think that widespread use in transactions is ... themselves are asset managers or crypto ... read more


Weekly Commentary: Just The Facts

Investment-grade bond funds saw inflows of $438 million, while junk bond funds suffered outflows of $619 million (from Lipper). Freddie Mac 30-year fixed mortgage ... current use by the Fed and many o... read more

Is bitcoin in a bubble? Here are some of the arguments for and against

Bitcoin is a "speculative mania" according to the governor of the Reserve Bank of Australia ... increasing even without speculation and so there is a disincentive to spend it. Many big investors — inc... read more

G20 and Cryptocurrencies: Baby Steps Towards Regulatory Recommendations

The Australian government has implemented a law mandating Bitcoin exchanges operating in the country to register with the anti-money laundering ... Central Bank has continued its campaign against digi... read more

The best influence money can buy - the 10 Worst Corporate Lobbyists

Koch also funds the Competitive Enterprise ... was Vice-President of the bank. 6 Take it further: Check out the response to the World Development Movement’s campaign to stop food speculation: www.wdm. ... read more

Australia is linked to an investigation into illegal fund movements with crypto links totaling more than $384 million

about $480 million AUD ($384 million USD), related to the exchange of funds between South Korean and Australian bank accounts, according to Korean authorities. The transactions emerged after South Kor... read more

Cryptocurrency Laws and Regulations by Country

We reject the risks of speculation and the possible financial diversions linked to Bitcoin.” Joachim Wuermeling, the Director of German’s Central Bank ... money in nations that often suffer from pover... read more

Cryptocurrencies like bitcoin cannot replace money, says Bank for International Settlements

The venerable Bank for International Settlements, a 90-year-old institution based in Switzerland, has issued a research report concluding that cryptocurrencies are afflicted with inherent contradictio... read more



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