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Tag: Banks

Suex Founder Loses Top Job Over US Sanctions, Major Exchange, Payment Provider Implicated

September 26, 2021 wp-bot Bitcoin News

The scandal around sanctioned crypto broker Suex is growing in Russia where one of the co-founders of the OTC platform has been dismissed from his

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10 Crypto Exchanges File for Registration With Korean Regulators Ahead of Deadline

September 24, 2021 wp-bot Bitcoin News

Cryptocurrency exchanges in South Korea have until midnight on Friday to register with financial authorities in order to continue operating legally. Only 10 digital asset

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Ukraine joins the comity of crypto-friendly nations with new regulation

September 24, 2021 wp-bot Cointelegraph

Unlike Russia, Ukraine has passed laws that will ease the adoption of cryptocurrencies within the country.

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Basel draft rules make crypto too costly for banks to trade, says industry

September 23, 2021 wp-bot Cointelegraph

Proposed rules would make “bank involvement in the cryptoasset market cost-prohibitive from a capital perspective,” industry associations have told regulators.

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DCG-backed Korean exchange faces closure if it can’t find banking partner

September 17, 2021 wp-bot Cointelegraph

South Korean crypto exchange Gopax has told users if it can’t resolve its banking difficulties before a looming regulatory deadline, it will need to shut

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Crypto and DeFi disintermediate banking in new ways, says OCC head

September 16, 2021 wp-bot Cointelegraph

The head of the body in charge of overseeing U.S. banks named cryptocurrency and decentralized finance (DeFi) activity among factors contributing to disintermediation of the

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Blockchain
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