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Big Banks Money Laundering: UBS Fined $4.2 Billion, Danske Shuts Down in 4 Countries

big banks money laundering ubs fined 4 2 billion danske shuts down in 4 countries 310x165 - Big Banks Money Laundering: UBS Fined $4.2 Billion, Danske Shuts Down in 4 Countries

Cash laundering scandals involving one of the most global’s greatest banks have grown this week. Switzerland’s greatest financial institution, UBS, has been fined three.7 billion euros (~$four.2 billion) for cash laundering. Amid a $226 billion scandal, Estonian government have ordered Denmark’s greatest financial institution to terminate its operations within the …

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Don’t Underestimate Samsung Galaxy S10’s Crypto Offering, Millions Will Be Exposed To Bitcoin

dont underestimate samsung galaxy s10s crypto offering millions will be exposed to bitcoin 310x165 - Don’t Underestimate Samsung Galaxy S10’s Crypto Offering, Millions Will Be Exposed To Bitcoin

It’s respectable, Samsung, some of the preeminent powerhouses within the era sector, has officially delved into the crypto area. Whilst the corporate, headquartered in Seoul, South Korea, has hinted at its involvement with blockchain traditionally — backing CryptoKitties, experimenting with ASICs, and trialing blockchain — it has but to launch a …

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How to Use Cryptocurrency to Send Money Abroad

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The worldwide remittance trade is massive. Global Financial institution information displays that over $148 billion used to be despatched in a foreign country from the U.S. on my own in 2017. As other folks depart countries gripped through hyperinflation, or just transfer to search for higher alternatives in a foreign country, …

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ConsenSys Backs Ethereum-Based Unlisted Infrastructure Investment Startup Allinfra

consensys backs ethereum based unlisted infrastructure investment startup allinfra 310x165 - ConsenSys Backs Ethereum-Based Unlisted Infrastructure Investment Startup Allinfra

Ethereum (ETH) blockchain-focused construction corporate ConsenSys has invested in an infrastructure funding startup, Allinfra, in keeping with a press free up shared with Cointelegraph on Feb. 21. As in keeping with the announcement, ​Allinfra will depend partially on ConsenSys’ technological features and experience within the tokenized property space. The precise …

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