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Geoffrey Morphy’s $27M lawsuit leads to Bitfarms ouster

In a dramatic turn of events, Bitfarms has terminated Morphy as CEO and president of the mining firm following the filing of a lawsuit against the company. Morphy’s filed a lawsuit against Bitfarms seeking a staggering $27 million in damages, prompting Bitfarms to terminate his role despite prior announcement of plans to have him remain […] дальше »

2024-5-14 00:34


Binance Set To Terminate Debit Card Service In These Two Regions

Prominent cryptocurrency exchange Binance has announced plans to halt its crypto debit card services in Latin America and the Middle East from September 21, 2023.  This development was revealed on August 24 in response to the exchange’s customer support to a client who enquired about issues regarding using the Binance card in the Republic of […] дальше »

2023-8-25 03:00


Revolut to terminate US crypto services due to regulatory challenges

Key takeaways Fintech firm Revolut is set to terminate its cryptocurrency services to users in the United States. The firm cited the current regulatory environment as the reason behind its exit. Revolut to halt crypto services in the US UK fintech firm Revolut has revealed that it would no longer provide cryptocurrency services to its […] The post Revolut to terminate US crypto services due to regulatory challenges appeared first on CoinJournal. дальше »

2023-8-4 17:45


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Embattled Signature Bank Caps SWIFT Access For Binance, Raising Concerns

A recent update by Binance has revealed that Signature Bank, a major SWIFT gateway service provider, will partially terminate access to Binance customers starting in February. The update sent by Binance, which a customer tweeted, read thus:  “The banking partner that serves your account has advised that they are no longer able to process SWIFT […] дальше »

2023-1-26 23:45


South Africa Bank to terminate accounts of clients offering crypto arbitrage services

A leading South African bank reportedly sent account termination notices to several crypto clients. As per the local media, Standard Bank served notices to providers of automated cryptocurrency arbitrThe post South Africa Bank to terminate accounts of clients offering crypto arbitrage services appeared first on AMBCrypto. дальше »

2021-10-24 18:30


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Crypto Exchange OKEx Is Shutting Down In South Korea

OKEx cryptocurrency exchange has said it will terminate its South Korea-based business, following the introduction of an updated Anti-Money-laundering (AML) in the country. The exchange’s spokesperson said OKEX chose to resign rather than try to fight the tough regulatory regime which would make it impossible to continue operating in South Korea.    “OKEx Korea service has […] дальше »

2021-3-24 16:53