Crypto fintech Unbanked shuts down amid US regulatory hurdle

2023-5-26 11:28

Unbanked, a crypto fintech firm specializing in crypto custody and payments services, has made the difficult decision to close its operations, citing a harsh regulatory environment for cryptocurrencies in the United States.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Emerald Crypto (EMD) на Currencies.ru

$ 0.0095806 (+7.58%)

Объем 24H $0

Изменеия 24h: 2.35 %, 7d: -7.78 %

Cегодня L: $0.0086651 - H: $0.0095806

Капитализация $183.154k Rank 1690

Доступно / Всего 19.117m EMD / 32m EMD

crypto regulatory fintech unbanked operations decision close

465 +

Источник: btcmanager.com

crypto regulatory → Результатов: 126

Top crypto picks to buy at rising market before it’s too late

A new and promising crypto, ScapesMania, has witnessed impressive presale success. Ethereum is poised for growth with potential regulatory advancements like an ETF while Solana is the 5th most-traded cryptocurrency, stable and growing.

2023-12-5 18:21	Ethereum News
crypto regulatory advancements potential growth poised like

119 +

What in the World Is Going on With Crypto Regulation?

Regulatory clarity has fueled crypto bull markets, demonstrated by Japan's 2016 adoption of crypto as payment and OCC's 2020 endorsement of crypto engagement. While global strides in clear crypto regulations are evident, particularly in Hong Kong, EU and UK, the US lags, emphasizing the need for enhanced regulatory certainty in the industry's advancement.

2023-8-10 18:45
crypto regulatory evident particularly hong kong regulations

59 +

Crypto bills pass congressional committee in ‘huge win’ for US crypto

Two crypto regulatory bills have been passed by the United States House Financial Services Committee that could finally provide some much-needed regulatory clarity.

2023-7-27 04:26
crypto regulatory committee bills services financial house

170 +

Nasdaq Hits Pause On Crypto Custody Plans, Citing Regulatory Hurdles

According to a Bloomberg report, Nasdaq, the exchange operator, has announced that it is halting the launch of its crypto custodian business in the United States due to a shifting business and regulatory environment.

2023-7-20 22:00
crypto regulatory nasdaq business launch halting custodian

117 +

Singaporean sovereign fund Temasek exits crypto altogether amid regulatory crackdown

Singapore sovereign fund Temasek said it is not planning to invest in crypto companies due to the current regulatory environment, its Chief investment officer, Rohit Sipahimalani, told CNBC in a July 11 report.

2023-7-12 20:25
crypto regulatory temasek sovereign fund investment chief

135 +

New Zealand not quick to implement crypto regulatory policies

New Zealand’s central bank is trying to exercise caution in taking a regulatory approach towards crypto and stablecoins, stating that the government is monitoring the development of crypto regulations globally.

2023-6-30 14:56	Regulation
crypto regulatory new zealand stablecoins stating development

197 +

Dubai: Launching a Crypto Regulatory Arm to Become a Global Financial Power

The center of the crypto universe has been shifting toward the UAE since March 2022, when Dubai announced the world’s first independent crypto regulator, the Virtual Asset Regulatory Authority. With its state intention to provide legal clarity for crypto, the No.

2023-6-27 14:37
crypto regulatory dubai virtual authority regulator asset

149 +

Crypto law firm Gresham advises against US presence, cites unfavorable regulatory environment

Crypto law firm Gresham International has advised crypto firms not to have a presence within the United States, considering the country’s regulatory posture towards the industry, according to a June 6 press statement shared with CryptoSlate.

2023-6-6 18:40	УС
crypto regulatory presence firm gresham law towards

161 +

Crypto Outflows Spike Following U.S. Regulatory Crackdown, Says CoinShares

The crypto space is experiencing increasing tension as United States regulators intensify their regulatory approaches. Some of their recent enforcement actions include a stop order mandate on crypto token issuers, a Wells Notice to some exchanges, a hint of lawsuits, and others.

2023-2-22 17:20
crypto regulatory order mandate stop actions enforcement

69 +

UK announces tax break for crypto investors and new regulatory sandbox

In a recent move to become a hotbed for innovative technologies, the UK announces a tax break for crypto investors and a new regulatory sandbox for financial technologies. The government of the UK has confirmed its plans to include crypto…

2022-12-9 17:04	UK
crypto regulatory sandbox new technologies announces break

206 +

Turkey drafts new bills to increase regulatory oversight of crypto

Turkey is drafting new crypto laws that would introduce more regulatory oversight in the crypto market and possibly impose some transactions involving digital assets – as discussed by two officials on the matter.

2022-5-26 17:35	Taxes
crypto regulatory oversight turkey new involving digital

305 +

UK gets serious with regulatory focus as it recruits head of new crypto department

The UK’s financial regulatory body, The Financial Conduct Authority (FCA), has set its sights on crypto in a week filled with news on crypto regulation. The post UK gets serious with regulatory focus as it recruits head of new crypto department appeared first on CryptoSlate.

2022-3-17 13:00	rumors
crypto regulatory new gets financial department focus

91 +

ECB president calls for crypto regulation in response to Russia potentially evading sanctions

"It’s so critically important that MiCA is pushed through as quickly as possible so we have a regulatory framework within which crypto assets can actually be caught," said Christine Lagarde.

2022-2-28 00:50	Cryptocurrencies
crypto regulatory framework possible within quickly assets

205 +

OCC Comptroller calls for federal collaboration with crypto intermediaries

Michael J. Hsu said that the mainstreaming of crypto has occurred despite regulatory and legal uncertainty, and a series of scams, hacks and other disruptive events.

2022-1-18 11:41	United States
crypto regulatory events despite occurred legal uncertainty

98 +

Regulatory Drama Aside, Crypto Derivatives Rise from the Ashes

For years, the cryptocurrency industry has had a complicated relationship with regulators. An example of regulatory pushback within the crypto space was when Facebook-backed Diem tried to launch its stablecoin.

2021-9-9 13:10	Company News
crypto regulatory space within example when pushback

160 +

Regulatory Drama Aside, Crypto Derivatives Rise From the Ashes

2021-9-9 10:00
crypto regulatory space within example when pushback

156 +

Turkish government to track crypto transactions over $1,200

Turkey’s Minister of Treasury and Finance sheds light on regulatory actions following an alleged $150-million crypto exchange scam.

2021-5-8 12:58	Turkey
crypto regulatory actions sheds light following scam

124 +

Crypto users demand reinstatement of Pakistani government adviser following sudden resignation

Zia Ullah Bangash's potential departure from an important role in facilitating Pakistan's regulatory environment for crypto had many threatening to withhold votes and demanding answers.

2021-4-19 00:00	Cryptocurrencies
crypto regulatory environment pakistan facilitating role had

131 +

Philippines' central bank to license crypto trading and custody firms

The Bangko Sentral ng Pilipinas has expanded its regulatory remit of the crypto space to include all cryptocurrency financial service providers.

2021-1-26 12:57
crypto regulatory remit space all service providers

154 +

Mainstream Institutions No Longer Have Regulatory Reasons to Fear Crypto

Institutions on the fence about crypto involvement may no longer fear legal uncertainty, given recent crypto custody regulatory clarity.

2020-7-25 21:44	Cryptocurrencies
crypto regulatory fear longer institutions uncertainty may

326 +

Regulatory Roundup: EU-Wide Crypto Regulations, New Rules in Europe, US, Asia

In this roundup, we cover EU-wide crypto regulations and individual countries’ new digital asset rules including Austria and the U. K. We also cover numerous crypto regulatory developments in the U.

2020-1-14 13:25	Virtual Currency
crypto regulatory cover regulations eu-wide rules roundup

127 +

Regulatory Roundup: Bitcoin Futures Fund Approved, India’s RBI-Backed Digital Currency

In this regulatory roundup, we cover the U. S. SEC approving a bitcoin futures fund, the new IRS tax form targeting crypto owners, and several more steps taken by the U. S. government toward crypto regulation.

2019-12-9 16:35	УС
crypto regulatory fund futures roundup bitcoin targeting

202 +

Pro-Bitcoin SEC Commissioner Warns Against One-Size-Fits-All Crypto Laws

Pro-bitcoin SEC Commissioner Hester Peirce says adopting a single global regulatory framework for crypto is an “unwise” approach to governing the budding industry. Peirce says continued communication among the world’s financial regulators is the key to unlocking the opaque regulatory puzzle we find ourselves in.

2019-8-2 15:07	SEC
crypto regulatory pro-bitcoin sec commissioner global framework

154 +

Regulatory Pressure Amidst Libra Crypto Controversy Hasn’t Shaken Bitcoin Bulls

All this week, the crypto market has been under a microscope both by politicians with regulatory power, and throughout the entire crypto community hoping to determine what long-term implications Facebook’s Libra will create for Bitcoin now that policymakers are up in arms over the asset class.

2019-7-20 04:01	Libra
crypto regulatory bitcoin libra bulls amidst pressure

176 +

Crypto Exchange Bittrex Delists 40+ Altcoins for US Clients: Regulatory Pressure

Crypto Assets Delisted En-Masse on US Exchanges As Bitcoin (BTC) has returned, regulatory pressure on crypto assets and their respective industries have begun to rapidly mount. We may be just six months from BTC’s $3,200.

2019-6-15 10:00	United States
crypto regulatory pressure assets exchange btc altcoins

151 +

“Crypto Mom” Reminds SEC to be Friendlier with the Crypto Industry

SEC Commissioner Hester Peirce, also affectionately known in the crypto community as “Crypto Mom,” has once again stepped forward urging the government and regulatory bodies to embrace digital assets.

2018-9-19 15:00	SEC
crypto regulatory mom sec financial rich services

249 +

Ripple Hints That xRapid, Its Crypto Product, May Go Live Very Soon

In an interview with CNBC, Sagar Sarbhai, who heads the regulatory relations department for Ripple in the Asia Pacific and the Middle East said that the company had made significant progress in the development of its xRapid product.

2018-9-19 16:29	ripple
xrapid ripple product very may crypto soon

188 +

Robinhood Is Making a Fortune from Its Millenial Mob of Crypto Traders

Robinhood has been making waves since it launched its zero-fee crypto trading platform in 2013. The adoption of different altcoins, regulatory approval in a handful of American states, and a fast-growing user base have all pointed to a potential unicorn in the space.

2018-9-18 06:00	trading
crypto robinhood all pointed making unicorn space

175 +

Crypto Week In Review: Institutions Finally Ready to Commit to Bitcoin

Although the collective value of all crypto markets is only a tad above its year-to-date low, institutions still seem poised to tackle digital assets head on, with an array of Wall Street giants making meaningful moves throughout the past week.

2018-9-16 12:16	Wall Street
crypto institutions week bitgo finally bitcoin ready

193 +

Ex-CEO of Crypto Company Sentenced to Prison for Fraud, Fined $9 Million

The former CEO of a cryptocurrency company has been sentenced to prison time and ordered to pay $9 million in restitution due to his company’s role in a major Ponzi scheme that cost hundreds of investors millions of dollars.

2018-9-16 21:45	SEC
company sentenced prison million crypto ex-ceo fraud

224 +

US Regulatory Authority Approves BitGo For Custodian – BTC, ETH & XRP For Recovery

US regulatory authority approves BitGo for the status of a custodian for crypto and the market is booming during positive news. The digital currency security startup BitGo has been granted approval of a custodian for crypto and other virtual assets after the company put in a request for permission to act as a digital asset custodian.

2018-9-14 21:30	XRP
custodian crypto bitgo approves regulatory authority company

233 +

Japan’s FSA to Add to Crypto Team for Exchange License Reviews

The Japanese financial regulatory body is contemplating an expansion of its team focused on cryptocurrency and related activities. Observing the growing interest of Japanese companies in establishing a digital currency exchange, The Financial Services Agency (FSA) is set to bring more breadth to its team in 2019, per a Reuters report dated September 12, 2018.

2018-9-15 19:30	Regulations
team financial expansion japanese fsa crypto exchange

181 +

Bittrex to Launch Crypto Exchange in Malta Next Month

US-based cryptocurrency exchange Bittrex is reportedly launching a crypto exchange in Malta at the beginning of next month. Bittrex says the new platform will allow them to list coins “a lot faster.

2018-9-14 18:40	Virtual Currency
bittrex exchange crypto month next malta launch

201 +

Bitgo’s Crypto Custody Service for BTC and Other Altcoins Gets Regulatory Approval in the US

BitGo Inc. one of the most important startups in the field of security applied to the world of crypto and blockchain technologies, received approval from South Dakota State’s Division of Banking for its branch BitGo Trust Company to legally operate within the state.

2018-9-14 10:22
bitgo approval crypto world state regulatory service

239 +

BitGo Receives Regulatory Approval to Custody Crypto Assets

Crypto security startup BitGo has received approval in the U.S. to act as a qualified custodian for digital assets.

2018-9-13 16:14
bitgo crypto assets approval act qualified custodian

165 +

FINRA Issues Its First Crypto Disciplinary Action

The U. S. Financial Industry Regulatory Authority has taken its first disciplinary action involving cryptocurrencies. The authority charges a broker with fraudulent and unlawful distribution of unregistered crypto securities.

2018-9-13 08:10	Virtual Currency
crypto disciplinary action finra authority public issues

167 +

US Judge Rules ICOs Covered By Federal Securities Laws

On Tuesday, U. S. District Judge Raymond Dearie in Brooklyn, New York said that U. S. federal securities laws may cover initial coin offerings (ICOs), per Bloomberg report. This week’s ruling enhances the regulatory framework that governs cryptocurrencies by leveraging existing rules that already regulate the U.

2018-9-12 23:00	Regulation
federal laws securities judge rules icos brooklyn

253 +

SEC Takes Action Against Two Crypto Firms

The agency announced two regulatory “firsts” this week.

2018-9-13 22:36	law and legislation
two regulatory announced firsts week agency firms

154 +

Federal Judge Applies Long-Established Securities Law to ICOs

Does a decades-old securities law apply to an initial coin offering (ICO)? In a case that represents the first time securities laws have been applied to cryptocurrencies, a district judge says it may.

2018-9-12 22:09	Law & justice
securities icos laws judge law two does

367 +

Liechtenstein FMA Grants Regulatory Assessment to ETERBASE

Crypto exchange ETERBASE has made significant progress in its efforts to become one of Europe’s leading exchanges, with a regulatory assessment from Liechtenstein’s Financial Markets Authority (FMA).

2018-9-12 17:45
liechtenstein assessment eterbase regulatory fma grants markets

121 +

Ethereum Co-Founder: Crypto is Seeing Huge Amount of Activity, Tremendous Growth

The cryptocurrency industry has undoubtedly been through a lot over the better part of the past decade. Whether it may be the regulatory scrutiny or the multiple 90% price corrections, it would be appropriate to say that longtime proponents have really seen it all.

2018-9-12 09:39	Joseph Lubin
crypto growth co-founder tremendous ethereum all seeing

190 +

Malta Stock Exchange and Binance to Launch Tokens Platform

MSX PLC, the digital asset arm of the Malta Stock Exchange, has signed a Memorandum of Understanding (MoU) with Binance to launch a digital exchange for trading security tokens, per its press release.

2018-9-12 00:01	Adoption & community
malta binance exchange blockchain security tokens stock

330 +

OKEx Founder Released After Questioning in Connection With Suspected Coin Fraud

The founder of cryptocurrency exchange OKEx was detained for questioning on September 10, 2018, by Shanghai police to investigate a case of suspected digital currency fraud related to WFee coin.

2018-9-12 23:42	Law & justice
coin wfee trading okex police according exchange

245 +

Two-for-One: SEC Slaps Crypto Hedge Fund, Broker With Registration Failures

In what it deems a first for both enforcement actions, the United States Securities and Exchange Commission (SEC) is charging two entities with registration failures.

2018-9-12 23:36	Regulation
sec unregistered company tokenlot securities digital tokens

337 +

Top 7 Cryptocurrency Predictions for 2019

Some days it feels like it’s all bad news for crypto. When the Federal Bureau says it’s not even a blip on the radar, the SEC delays another important decision, or the Chinese clamp down on content.

2018-9-12 22:30
cryptocurrency bad predictions 2019 putting everyone scaling

163 +

A New Precedent: FINRA Charges Crypto Broker With Securities Fraud

The Financial Industry Regulatory Authority (FINRA), a non-profit watchdog for public brokerage firms in the U. S. , has had its first run-in with the cryptocurrency industry.

2018-9-12 21:15	Regulation
ayre finra hempcoin industry cryptocurrency securities rmtn

326 +

In First, FINRA Files Fraud Complaint Against Crypto Broker

The Financial Industry Regulatory Authority (FINRA) has filed a securities fraud complaint against a cryptocurrency broker.

2018-9-11 17:44
complaint against fraud broker finra authority filed

132 +

There’s A lot Of Crypto Market Price Manipulation With No Protection Says David Shrier

David Shrier Opens up on Regulatory Concerns Regulation has likely been the most significant driving force in the cryptocurrency markets in the past year. Following the massive explosion in both price and public infatuation with cryptocurrencies and blockchain technology drew the attention of regulators all around the world, who decided that a prompt response to […]

2018-9-11 16:57	News
david shrier price blockchain technology infatuation cryptocurrencies

148 +

[promoted] Hashtoro Propels Cryptocurrency Cloud Mining

As an emerging cog in the global digital economy, cloud mining offers a tool for enthusiasts to mine cryptocurrencies such as bitcoin without having to acquire hardware or other oft-required elements.

2018-9-11 16:09	Bitcoin
mining cloud hashtoro users petersons bitcoin said

832 +

дальше еще 77 новостей →

Партнеры Currencies.ru

Analogue Notcoin - TapSwap

Реклама на Currencies.ru

Самое свежее на Currencies.ru

New stablecoins law proposed in US — but what are the pros and cons?

Elements of the Payment Stablecoin Act have the potential to be beneficial for American consumers — but critics claim other parts are “unconstitutional.” Republican Cynthia Lummis and Democrat Kirsten Gillibrand have become something of a bipartisan, pro-crypto double act in…

New US bill aims to eliminate double taxation on crypto staking rewards

Two U.S. lawmakers have proposed a bill that clarifies the taxation framework for cryptocurrency staking rewards. Bipartisan lawmakers Reps. Wiley Nickel, D-N.C., and Drew Ferguson, R-Ga, introduced the Providing Tax Clarity for Digital Assets Act on May 1 to clarify…

Crypto community reacts to Changpeng Zhao’s 4-month sentence

On April 30, Judge Richard Jones sentenced Zhao to four months in prison, going against the U.S. Department of Justice (DOJ)’s recommendation for a three-year jail sentence. London-based financial services lawyer Rabya Anwar told crypto.news that the stories of Zhao…

Bitcoin Whales, Not Retailers, Are Safe If The United States Government Begins Confiscating Coins: Analyst

Willy Woo, an on-chain analyst, took to X on April 29, raising concerns about the fate of retail Bitcoin investors if the world, especially the United States, plunges into a recession. Woo, referencing historical events, argues that while large Bitcoin holders, or “whales,” are likely to weather the storm since they control private keys of their coins, […]

US senators cracking down on crypto use in child abuse trade

U.S. senators Elizabeth Warren and Bill Cassidy have urged the Department of Justice (DOJ) and Department of Homeland Security (DHS) to double down on their efforts to combat crypto use in the market for child sex abuse material (CSAM). In…

Uniswap nosedives 16% on news of Wells notice

Uniswap‘s token UNI has dropped 17% following a lawsuit notice from US regulators sinking to $9.27, its lowest since late February. The latest decline coincided with the exchange receiving an official investigation Wells notice from the SEC. The market cap…

US senators to unveil bipartisan stablecoin legislation

Senator Kirsten Gillibrand revealed ongoing discussions about forthcoming stablecoin regulation

2023-5-26 11:28

crypto regulatory → Результатов: 126

2023-12-5 18:21

2023-8-10 18:45

2023-7-27 04:26

2023-7-20 22:00

2023-7-12 20:25

2023-6-30 14:56

2023-6-27 14:37

2023-6-6 18:40

2023-2-22 17:20

2022-12-9 17:04

2022-5-26 17:35

2022-3-17 13:00

2022-2-28 00:50

2022-1-18 11:41

2021-9-9 13:10

2021-9-9 10:00

2021-5-8 12:58

2021-4-19 00:00

2021-1-26 12:57

2020-7-25 21:44

2020-1-14 13:25

2019-12-9 16:35

2019-8-2 15:07

2019-7-20 04:01

2019-6-15 10:00

2018-9-19 15:00

2018-9-19 16:29

2018-9-18 06:00

2018-9-16 12:16

2018-9-16 21:45

2018-9-14 21:30

2018-9-15 19:30

2018-9-14 18:40

2018-9-14 10:22

2018-9-13 16:14

2018-9-13 08:10

2018-9-12 23:00

2018-9-13 22:36

2018-9-12 22:09

2018-9-12 17:45

2018-9-12 09:39

2018-9-12 00:01

2018-9-12 23:42

2018-9-12 23:36

2018-9-12 22:30

2018-9-12 21:15

2018-9-11 17:44

2018-9-11 16:57

2018-9-11 16:09

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Add news: propose for publication, Submit ICO