Banco Santander Ordered To Payback $350k to Mercado Bitcoin

The State court of São Paulo has dismissed the appeal by the bank Banco Santander against cryptocurrency exchange Mercado Bitcoin and ordered the bank to return funds of the exchange account which was frozen by it. Already court has ruled in favour of the exchange & pay it interest of one percent per month, and for the legal expenses of the company.

The post Banco Santander Ordered To Payback $350k to Mercado Bitcoin appeared first on Incrypts.

Banco Santander Ordered To Payback $350k to Mercado Bitcoin

A Blockchain is a growing list of records, called blocks, which are linked using cryptography. Cryptography is the practice and study of techniques for secure communication in the presence of third party adversaries. Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank.

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