Cash-Strapped Portuguese Football Giant Sporting Ponders ICO

Sporting Clube de Portugal (SCP), a popular Portuguese football club, is reportedly considering launching an initial coin offering (ICO) as an alternative way to raise funds, at a time in which it’s struggling to raise them through a bond issue. According to local news outlet Dinheiro Vivo, the club’s vice-president Francisco Salgado Zenha claimed the The post Cash-Strapped Portuguese Football Giant Sporting Ponders ICO appeared first on CCN

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Portuguese Bank Santander Totta Backs Down, Allows Bitcoin-Related Transactions

The post Portuguese Bank Santander Totta Backs Down, Allows Bitcoin-Related Transactions appeared first on CCN Earlier this week, CCN reported that Portuguese branch of Spanish bank Santander, Banco Santander Totta, was blocking bitcoin-related transactions. The financial institution was blocking the transactions while claiming cryptocurrency exchanges were transacting in non-regulated financial products. Following a backlash, the bank has seemingly backed down, and is now processing these transactions. Santander Totta was blocking The post Portuguese Bank Santander Totta Backs Down, Allows Bitcoin-Related Transactions appeared first on CCN

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