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


Australian Bank Bans Use of Mortgage Funds for Crypto Speculation

Bank of Queensland has banned its customers from using loans that are leveraged against home equity for the purposes of cryptocurrency speculation due to concerns pertaining to the increasing regulato... read more

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

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Blockchain latest news: Bank JP Morgan bets on blockchain, unveils its own digital currency

But now the bank has announced it's been testing its own digital (not crypto-) currency for use in its wholesale payments ... 17 January 2019 WWF-Australia launches food-tracking blockchain World Wild... read more


Banking On Allah Devout Muslims don't pay or receive interest. So how can their financial system work?

But when it comes to his banking habits--and the Koran's ban on giving or receiving interest--Abdullah turns deadly serious. "Allah gave us very clear instructions: Don't make money ... the bank canno... read more

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

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

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

South Korea shackles anonymous foreign traders of crypto currencies

South Korea plans to require local banks to launch a real-name system for crypto currency trading that will make the up-to-now anonymous transactions be traceable as the country seeks to curb speculat... read more

Swim with the “Crypto Assets” with Melon (MLN)

The American mutual fund industry held assets worth $18.75 trillion in 9,356 funds in 2017, Statista estimates. Additionally, Australia ... will try to ban the Melon crypto assets. In particular, poli... read more

Why unregulated cryptocurrencies could trigger another financial crisis

For a cryptocurrency to function as money it needs to fulfil three requirements. First, it should act as a medium of exchange whereby people can use it to buy and sell ... in December 2017 was largely ... read more

Blockchain latest news: Facebook reportedly aquires UK blockchain startup Chainspace fuelling more cryptocurrency rumours

17 January 2019 WWF-Australia launches food-tracking blockchain World Wildlife Fund Australia has launched a ‘blockchain ... with permissioned blockchains membership is restricted. Current use cases i... 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



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