You are here

Step by step European Union chokes off cryptos

Section: Daily Dispatches

Binance 'Temporarily Suspends' Payments from EU's SEPA Network

By Adam Samson, Philip Stafford, Joshua Oliver, and Eva Szalay
Financial Times, London
Tuesday, July 6, 2021

In an email to users today, the exchange said that from 8 a.m. universal co-ordinated time Wednesday, customers would no longer be able to deposit funds through the Single Euro Payments Area, or SEPA, schemes. Its move was due to "events beyond our control," the exchange said.

... Dispatch continues below ...


Asante Gold Acquires Key Exploration Land
on Ashanti and Asankrangwa Gold Belts in Ghana

Company Announcement
via Globe Newswire, Omaha, Nebraska
Friday, May 28, 2021

VANCOUVER, British Columbia, Canada -- Asante Gold Corp. (CSE: ASE / Frankfurt: 1A9 / U.S. OTC: ASGOF) reports that it has received notice from the Minerals Commission of Ghana that eight highly prospective concessions covering approximately 314 square kilometers have been recommended for transfer to Asante.

These licenses are comprised of the Diaso (104.1 km2), Juabo (59.2 km2), Manhia (18.69 km2), Dunkwa Gyimigya (32.72 km2), Gyimigya (5.52 km2), Agyaka Manso (40.0 km2), Amuabaka (28.86 km2), and Nkronua-Atifi (24.97 km2) prospecting licenses. All licenses are being acquired as issued by the Minerals Commission from Goknet Mining Co. Ltd. pursuant to the terms of agreement with Goknet dated December 28, 2016.

The concessions were variously explored by Canadian exploration juniors Nevsun Resources, Tri-Star Gold, and Golden Rule Resources in the late 1990s and most recently by PMI Gold Corp. (now Galiano Gold) from 2002 through August 2014, when rights to the land were acquired by Goknet. ...

... For the remainder of the announcement:

https://www.globenewswire.com/news-release/2021/05/28/2238368/0/en/Asante-Gold-Acquires-Key-Exploration-Land-on-Ashanti-and-Asankrangwa-Gold-Belts-Ghana.html


The network, a European Union project that aims to harmonise euro payments across the region, allows consumers to send euros across three dozen countries. 

Binance, which typically accesses SEPA through payment intermediaries, described the move as "temporary." But the restriction marks the latest prohibition on customers moving funds on to the exchange from conventional banks and other types of financial accounts. 

Deposits through the UK's Faster Payments network have also been disabled over the past week. Barclays, one of the region's biggest lenders, said Monday that it is barring UK clients from buying cryptocurrencies on the exchange using bank cards. ...

... For the remainder of the report:

https://www.ft.com/content/bf99e9e3-d104-4a92-81a1-8bd70b884b3f 

* * *

Join GATA here:

New Orleans Investment Conference
Hilton New Orleans Riverside Hotel
2 Poydras St., New Orleans, Louisiana
Tuesday-Friday, October 19-22, 2021

https://neworleansconference.com

* * * 

Toast to a free gold market
with great GATA-label wine

Wine carrying the label of the Gold Anti-Trust Action Committee, cases of which were awarded to three lucky donors in GATA's recent fundraising campaign, are now available for purchase by the case from Fay J Winery LLC in Texarkana, Texas. Each case has 12 bottles and the cost is $240, which includes shipping via Federal Express.

Here's what the bottles look like:

http://www.gata.org/files/GATA-4-wine-bottles.jpg

Buyers can compose their case by choosing as many as four varietals from the list here:

http://www.gata.org/files/FayJWineryVarietals.jpg

GATA will receive a commission on each case of GATA-label wine sold. So if you like wine and buy it anyway, why not buy it in a way that supports our work to achieve free and transparent markets in the monetary metals?

To order a case of GATA-label wine, please e-mail Fay J Winery at bagman1236@aol.com.

* * *

Support GATA by purchasing
Stuart Englert's "Rigged"

"Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon --

https://www.amazon.com/Rigged-Exposing-Largest-Financial%20-History/dp/1651405204/ref=sr_1_fkmr1_2?keywords=rugged+stuart+englert&qid=1579708888&sr=8-2-fkmr1

-- or for an additional $3 and a penny buy an autographed copy from Englert himself by contacting him at srenglert@comcast.net.

* * *

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16