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The Singapore Government Wants to Help with Cryptocurrency
It’s been revealed that Singapore’s financial regulator is going to help local cryptocurrency firms set up traditional bank accounts, in order to boost the country’s fintech economy. I recently reported that Canadian banks aren’t quite as on board with cryptocurrency, so what is the difference? In Singapore, the government wants to try to bring the banks…
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Do Canadian Banks Hate Cryptocurrency? It Seems That Way.
A Canadian bank has allegedly frozen $28 million in customer funds belonging to Canada’s largest cryptocurrency exchange. The Vancouver-based exchange desk – QuadrigaCX – claims that the Canadian Imperial Bank of Commerce (CIBC) locked the money and froze accounts belonging to its payment partner, Custodian, and its own, Jose Reyes. Was this arbitrary? There are…
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Apple Removes Malicious Cryptocurrency App Quietly
Whenever there’s a security breach or even just the possibility of one, we now want to know about it. Why? Because we are concerned that maybe our data isn’t secure with that particular app or service. And rightfully so. When I see companies putting their flaws out there – like Facebook did last week – I…
