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Wells Fargo Is Tokenizing Cash But Bank Avoids “Cryptocurrency” Name

The world’s fourth largest bank is tokenizing cash using its own blockchain-inspired platform — just don’t call it a stablecoin or cryptocurrency project. On September 17th, Wells Fargo announced it was piloting an internal settlement service using distributed ledger tech (DLT), of which blockchain..

Wells Fargo: Sorry, You Can’t Spend Your Own Money on Crypto

Major Wall Street bank, Wells Fargo, has come under the wrath of Twitter, following the bank’s response to a customer’s complaint via Twitter about being unable to buy cryptocurrencies like bitcoin. According to the customer, the bank bounced the debit card even after paying some bills.Sorry, Jos..

Wells Fargo Won’t Allow Customers To Buy Bitcoin

Wells Fargo, a huge traditional bank founded in 1852 to provide banking services, and mail delivery through the Pony Express, has recently come out stating that it does not allow its customers to purchase Bitcoin with their own funds. Wells Fargo ‘Does Not Allow Transactions Involving Cryptocurrenc..

Wells Fargo Outage Makes the Case for Bitcoin (BTC) and Crypto

The Wells Fargo outage is spilling over into its second day as more and more customers of the bank’s electronic services have little to no access to them. Many customers of the American bank who rely on convenient services such as online and mobile banking, direct deposits from wages and basic ATM s..

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