Crypto Companies in UK Seeking Governmental Support in Response to Limitations Imposed by Banks

2023-4-3 12:30

Coinspeaker Crypto Companies in UK Seeking Governmental Support in Response to Limitations Imposed by Banks The UK banks increased the pressure on crypto companies following the collapse of Signature Bank and Silicon Valley Bank which affected the US.

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Источник: coinspeaker.com

banks companies → Результатов: 126


Signature bank now servicing multiple crypto companies in the wake of Silvergate distress

Signature Bank, one of the few federally regulated US banks that has actively courted digital assets, is said to be one of the few banks left standing with news that its competitor, Silvergate, is facing significant stress due to its exposure to FTX and accusations it was responsible for the co-mingling of exchange and Alameda […] The post Signature bank now servicing multiple crypto companies in the wake of Silvergate distress appeared first on CryptoSlate.

2023-3-3 04:42


Crypto Banks Are One Step Closer to Reality Under New Fed Guidance

The Federal Reserve published guidance detailing how crypto banks can secure master account access, something several have wanted for over a year. While the guidance stops short of true transparency, potential applicants now have a roadmap of sorts they can follow, while the Fed has indicated that it is indeed open to letting crypto companies (and other novel entities) access global payments rails.

2022-8-24 18:30


New York Senate Authorizes NYDFS to 'Assess' Crypto Companies

The New York State Senate is boosting the state’s Department of Financial Services (NYDFS) efforts to oversee the cryptocurrency sector. The Senate passed its fiscal year 2023 budget early Saturday, which included a provision tasking NYDFS with developing a new “assessment” or charge for the cryptocurrency companies it oversees to bring its oversight mandate in virtual currencies in line with how the regulator oversees more traditional banks and financial services firms.

2022-4-10 21:49


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Big Tech Can Also Leverage Bitcoin For Success — Microstrategy’s Bitcoin for Corporations 2022 Event Concludes

Big tech companies and banks can also catapult their businesses by considering and investing in Bitcoin tech as one of the key innovations for the future. That’s because the overall future outlook for the crypto is very good right now as equivalent assets like cash melt away in economic uncertainties that will only exacerbate this […]

2022-2-3 16:59


Japan’s Top Financial Regulator Planning to Limit Stablecoin Issuance to Banks & Wire Transfer Companies

After the US, Japan is focusing on stablecoins and is acting to limit the number of companies that can issue these assets backed by fiat currency, according to a Nikkei report. The country’s top banking regulator, Financial Services Agency (FSA), is reportedly planning to propose legislation next year to restrict the issuance of stablecoins to […] The post Japan’s Top Financial Regulator Planning to Limit Stablecoin Issuance to Banks & Wire Transfer Companies first appeared on BitcoinExchangeGuide.

2021-12-7 18:56


World’s First DeFi Banking App, Scallop, Innovates Crypto Payments Solutions

“Money is entering a format war”, wrote Citigroup, in their latest Future of Money report, and this is creating both challenges and opportunity for companies in the payments sphere. The evolution of cryptocurrencies, digital wallets, challenger banks, stablecoins, CBDCs, DeFi protocols and other blockchain-focused payment platforms has opened the doors for forward-thinking companies – old […] The post World’s First DeFi Banking App, Scallop, Innovates Crypto Payments Solutions appeared first on NullTX.

2021-6-11 18:10


JPMorgan’s Jamie Dimon Still Has ‘No Interest’ in Bitcoin Despite Growing Adoption

Institutional demand has played a critical role in the surge of cryptocurrencies in the past year, with many tech companies and large banks planning to custody virtual currencies. But despite what many may call a significant victory for the nascent technology, critics still abound, with some openly declaring they cannot support the idea of digital […] The post JPMorgan’s Jamie Dimon Still Has ‘No Interest’ in Bitcoin Despite Growing Adoption first appeared on BitcoinExchangeGuide.

2021-5-6 21:55


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A major UK bank will block customers from buying crypto in a nod to earlier restrictions during the 2021 bull market. The post One of UK’s Biggest Banks Bans Crypto Payments appeared first on BeInCrypto.

UK Upper Parliament Approves New Crypto Regulation Bill

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