Metropolitan Bank Ceases Cryptocurrency-Related International Wires

Digital currency wallet Coinbase is among one of the companies that uses it for wire transfers, deposits, and its Shift bitcoin debit card. As the bank hasn't released any guidance on when it will restore the service, it's unclear what might happen to the money that existing international clients have in the …
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Israeli Regulator: We Need to Welcome Cryptocurrency to Develop International ICO Hub (news.bitcoin.com)

One of the toughest financial regulators in Israel has made some surprisingly positive comments today regarding the acceptance of ICO crowdfunding and cryptocurrency. The outgoing chairman of the Israel Securities Authority (ISA) talked about a need to foster the creation of an international financial center based on ICOs.
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Egypt Finance Attorney General Calls for International Governance of Bitcoin (news.bitcoin.com)

The First Attorney General of Financial Affairs for Egypt announced at a continental conference of prosecutors how international legislation is needed to address bitcoin in the light of evidence, he claims, it is being used to fund terror. The country was rocked just two years ago when the the Prosecutor General was assassinated. More recently the acting successor to the position was also targeted, but narrowly escaped an attempt on his life last year.   
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A few centuries ago, China banned a major decentralized system that was used for peer-to-peer international transactions (maritime trading). The ban (海禁) has reduced the international influence of China, and made China so weak that European countries eventually colonized it.

A few centuries ago, China banned a major decentralized system that was used for peer-to-peer international transactions (maritime trading). The ban (海禁) has reduced the international influence of China, and made China so weak that European countries eventually colonized it. submitted by /u/themetalfriend
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