While Ireland's central bank warned investors about risks with crypto investments, BNY Mellon launched digital asset custody services in the country.

Major banking institutions in the UK like Barclays have decided to block or prevent their clients from transferring money to virtual currency exchanges....

Crypto assets are of “great concern,” says Ireland’s central bank enforcer, Derville Rowland.

Irish Central Bank official Derville Rowland says the rising popularity of cryptocurrencies like Bitcoin is “of great concern.”

The post Crypto Popularity of ‘Great Concern’ to Irish Central Banker appeared first on BeInCrypto.

Cryptocurrency investors should be ready to lose all their holdings, according to Ireland’s central bank financial conduct director.

She said cryptos are speculative and an unregulated investment vehicle.

According to the Bloomberg report, one of the top officials at Ireland’s central bank, Derville Rowland, said that the rising popularity of cryptocurrencies such as bitcoin is “of great concern.” “Crypto assets are quite a speculative, unregulated investment,” and people should be “really aware they could lose the whole of that investment,” the central bank’s […]

TL;DR Breakdown UK Banks skeptical about crypto transactions. Direct deposits to crypto wallets suspended by banks in UK. Top tier banks in the United Kingdom like Barclays, Starling, and Monzo have suspended transfers to crypto wallets primarily due to fears of financial crimes. Local reports in the UK confirm that these banks temporarily suspended payments […]

Leading banks such as Barclays have all blocked their customers from transferring funds to cryptocurrency exchanges. Online challengers like Monzo and Starling...

Bitcoin (BTC) Price Prediction – May 30, 2021 Bitcoin price is in a downward move as Bitcoin hovers above $34,000 . A break below the [...]

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