Tag: Banking

Tidbits: Jesse Powell Criticizes Custodial Ownership, Simon Dixon Slams the Banking System

Tidbits: Jesse Powell Criticizes Custodial Ownership, Simon Dixon Slams the Banking System Tidbits is a roundup of talking points from across the cryptosphere. Today, Jesse Powell and Samson Mow both voice their opinions on the custodial ownership of assets through trusted, third parties. Paul Sztorc shows the Bitcoin community that forks […]

Banking Agency Advises European Commission to Assess Common Crypto Approach

Banking Agency Advises European Commission to Assess Common Crypto Approach The European Banking Authority (EBA), a regulatory agency of the European Union, has published its assessment into the application of EU law to crypto assets. The agency, which is headquartered in London, recommends that the European Commission tables a response […]

Banking Struggle Drives Bitcoin ATM Manufacturer Lamassu to Switzerland

Banking Struggle Drives Bitcoin ATM Manufacturer Lamassu to Switzerland While governments and banks in some countries are trying to hamper the development of cryptocurrency-related businesses, other locations are cashing in on the investments and new jobs that the industry brings. The latest example of this is the establishment of bitcoin […]

Digital Currency Platform Revolut Receives European Banking License

Digital Currency Platform Revolut Receives European Banking License On Thursday, Dec. 13, digital payments platform Revolut announced that the company has been approved for a banking license in Europe by the region’s central bank. According to Revolut, the license will help it provide better access to digital currencies and also […]

Crypto-Focused VCs Invest $30 Million in Digital Banking App

Crypto-Focused VCs Invest Million in Digital Banking App Good Money, a digital banking startup, has announced it’s raised $ 30 million in Series A funding. The round was led by Galaxy Digital with investments from Breyer Capital, Blocktower Capital, Boost VC, Ken Howery, Blockchange Ventures, Cross Culture Ventures, Troy Carter, […]

Bitfinex: The Rumors of “Insolvency”, Banking Partners’ Escape, and the Suspension of Fiat Deposits

Bitfinex: The Rumors of “Insolvency”, Banking Partners’ Escape, and the Suspension of Fiat Deposits Bitfinex brought back fiat deposits, but users are still reporting delays in processing transactions. Do the rumors of the exchange’s insolvency have something to do with its suspended banking partner relations and the sale of USDT? […]

30 Crypto ATMs Launching in India — Unocoin Unveils Solution to RBI Banking Ban

30 Crypto ATMs Launching in India — Unocoin Unveils Solution to RBI Banking Ban A major crypto exchange in India, Unocoin, has officially announced the launch of its crypto ATMs. CEO Sathvik Vishwanath told news.Bitcoin.com that, initially, the company plans to deploy 30 machines in three Indian cities. “These ATMs […]