Banking

SEBA Hong Kong Receives In-Principle Approval from SFC
Breaking News August 30, 2023

SEBA Hong Kong Receives In-Principle Approval from SFC

Signature Bank’s Demise Due to Crypto Exposure: FDIC Chair
Breaking News May 18, 2023

Signature Bank’s Demise Due to Crypto Exposure: FDIC Chair

Inspector General Finds FDIC Crypto Risk Assessment Process Insufficient
Breaking News October 19, 2023

Inspector General Finds FDIC Crypto Risk Assessment Process Insufficient

The Inspector General’s Office (IG) of the FDIC recently published an evaluation report on the FDIC’s crypto risk assessment process to be insufficient.

Hong Kong ZA Bank to Offer Crypto Conversions and Accounts
Breaking News April 17, 2023

Hong Kong ZA Bank to Offer Crypto Conversions and Accounts

Hong Kong’s largest virtual bank, ZA Bank, will reportedly provide crypto-to-fiat conversions and account services to re...

Singapore To Release New Crypto Client Vetting Guidance for Banks
Spotlight April 6, 2023

Singapore To Release New Crypto Client Vetting Guidance for Banks

Singapore regulators are reportedly working alongside police forces to develop uniform guidelines for banks to aid in sc...

UK Banks Become Increasingly Reluctant Toward Crypto
UK April 3, 2023

UK Banks Become Increasingly Reluctant Toward Crypto

Numerous crypto firms report severe reluctance from UK banks to provide them with services.

Fidelity Expands its BTC, ETH Trading to Most Retail Accounts
Bitcoin March 19, 2023

Fidelity Expands its BTC, ETH Trading to Most Retail Accounts

Amid a severe banking crisis, Fidelity Investments has opened access to bitcoin and ether trading to all its retail trad...

Banking Crisis Shows Risks of Crypto: RBI Governor
India March 18, 2023

Banking Crisis Shows Risks of Crypto: RBI Governor

Shaktikanta Das, the Governor of the Reserve Bank of India (RBI), has said the “ongoing U.S. banking crisis” clearly sho...

Binance Halts Deposits and Withdrawals in the UK
UK March 15, 2023

Binance Halts Deposits and Withdrawals in the UK

Binance announced that it would suspend deposits and withdrawals through bank transfers and card payments in the UK.