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Crypto industry body slams banking restrictions in Australia #1

14 Jun 23

Crypto industry body slams banking restrictions in Australia #1

Crypto industry body slams banking restrictions in Australia Amidst recent limitations imposed by Australian banks on cryptocurrency payments, key players within the blockchain industry are mobilizing to resist these constraints. Blockchain Australia, an industry organization, has voiced its opposition to the restrictions and expressed its determination to address the issue proactively with concrete data-driven strategies. […]

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08 Jun 23

Circle confident in USDC’s future amid US banking crisis

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied USDC issuer Circle remains bullish about its future prospects despite recent liquidity challenges triggered by the collapse of Silicon Valley Bank. Despite facing significant redemptions amidst the US regional banking crisis in March 2023, driven by fear and uncertainty surrounding Circle’s […]

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06 Jun 23

SWIFT and Chainlink collaborate for banking blockchain integration

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied SWIFT, the global financial messaging service, is partnering with major banks and Chainlink, a web3 infrastructure provider, to test the integration of public and private blockchains for global banking. The Society for Worldwide Interbank Financial Telecommunication (SWIFT), the financial messaging system […]

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23 May 23

Crypto ATMs provider settles with Connecticut Banking recovering $86k for customers

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bitcoin of America has agreed to a settlement deal with the Department of Banking to refund the four customers who lost tens of thousands through the crypto kiosks. In a recent statement from the Banking Commissioner in Connecticut, Jorge Perez, Bitcoin […]

Security Laws Are Not Ready For The Digital Era4

01 May 23

BitMEX co-founder highlights ongoing US banking crisis

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Arthur Hayes, the co-founder of cryptocurrency exchange BitMEX, has taken to Twitter to express his concerns about the ongoing banking crisis in the United States and how it could affect the crypto market. In particular, Hayes has highlighted the failure of […]

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01 May 23

Bitcoin has had four months of growth despite banking crisis

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bitcoin has had another positive month, making April the fourth consecutive month of gains, according to data from Coinglass. Bitcoin’s performance for the four months comes amidst a banking crisis and reveals that the closure of Silvergate and Silicon Valley didn’t […]

Tezro Launches1

21 Apr 23

Crypto banking implodes, financial lifelines hard to find

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The crypto industry is in turmoil, with both major failures, and a lack of banking partners. With the shuttering of major crypto-focused banks like Silvergate, Signature, and the seizure of Silicon Valley Bank (SVB), the sector is scrambling to secure banking […]

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31 Mar 23

White House to tighten banking regulation amid crypto resurgence

The US government is tightening its banking and AI regulations as cryptocurrencies profit from the recent US banking crisis. In a March 30 press briefing, White House press secretary Karine Jean-Pierre announced that the president had directed banking agencies to consider a series of reforms to reduce the risk of future banking crises. This announcement […]

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30 Mar 23

The Modern Investor thinks bitcoin prices will fly amid banking crisis

Recent market analysis by financial news YouTube channel, The Modern Investor, paints a bright picture of the direction in which bitcoin (BTC) is headed. In a recent video, The Modern Investor host cites that billionaire Mike Novogratz predicts that the ongoing banking crisis will cause a significant increase in bitcoin and cryptocurrency prices within the […]

USDT depegged to the upside2

28 Mar 23

Analysts bet on BTC and ETH to rally amid banking nightmare

The a banking debacle exacerbated investors’ anxiety over a potential worldwide economic slowdown, and a repeat of the 2008 financial crisis. According to three industry analysts, the current banking crisis is the catalyst that will cause bitcoin and ethereum to experience massive price explosions. Chris Burniske, a former crypto analyst at Ark Invest, Mike McGlone, […]

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