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Bitcoin Investment Trust Banned By Bank of America Merrill ...

Bank of America Merrill Lynch

Uncategorized | January 4, 2018 By: David Pimentel

Bank of America Merrill Lynch has reportedly banned its clients from investing in Bitcoin Investment Trust (GBTC). The news comes via a memo from the bank last December which was seen by Reuters.

According to the memo, dated December 8, the bank stopped approving new orders for the Bitcoin Investment Trust because of concerns about the "suitability and eligibility standards of this product." The memo was sent to roughly 17,000 brokers at Merrill Lynch and Merrill Edge, a unit for clients who...

Bitcoin-friendly PrivatBank is now Ukraine’s national property

Cryptocurrency exchange Coinbase has added David Marcus, head of Facebook's Messenger ...

Bitcoin-friendly PrivatBank is now Ukraine's national property

Announcements | December 22, 2016 By: David Pimentel

PrivatBank , Ukraine's biggest commercial bank, has been nationalised in a move aimed at protecting 20 million customers and "preserving financial stability in the country.

The statement read,

"[The government is now a] 100 percent owner of PrivatBank and guarantees the uninterrupted functioning of this institution and the safety of its clients' money."

Local media reports say...

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