Crypto EcoBlog
NatWest – a retail and commercial bank – is limiting how much money its customers can transfer to digital currency exchanges as a means of preventing fraud. NatWest Is Halting Major Crypto Activity Customers of NatWest will no longer be able to transfer more than 1,000 pounds to crypto exchanges. They also cannot exceed 5,000 pounds per month. The bank put out a statement claiming there are too many “crypto criminals” out there, and it doesn’t want its customers taking...
Read More »RBS Stock Is Unstable as RBS Plans to Rebrand as Natwest and Posts £4.2B Profit
RBS impressed investors by beating analysts’ profit expectations by around £400m despite subdued growth in the UK economy. RBS stock is quite unstable these days as the company is planning to change its name to Natwest.New Chief Executive of Royal Bank of Scotland Alison Rose disclosed new plans of action for the taxpayer-backed bank on Friday. What is interesting that she added severe cuts on the size of its loss-making investment bank. She also decided to rebrand the company to NatWest.Back...
Read More »NatWest Bank to Lead Blockchain Consortium to Simplify Mortgage Purchase in UK
National Westminster Bank (NatWest), one of the largest retail and commercial banks in the United Kingdom, has announced that it will lead a consortium that will leverage blockchain technology, to simplify and speed up the process of buying a property in the U.K.According to a recent Forbes report, NatWest will be leading this consortium with real estate blockchain startup Coadjute, along with six other firms including Dezrez Estate Agency Software, Search Acumen Property Data, LMS Panel...
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