2021-10-15 08:30 |
Allan Flynn won a settlement with ANZ for debanking him and is headed to the tribunal to take on Westpac next week.
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The move is not a widespread debanking of hedge-fund clients, but rather the offboarding of inactive accounts, one person said.
Users can create individually owned and compliant bank accounts and use USDC stablecoins as the default deposit currency.
Digital bank Revolut is set to release a cryptocurrency exchange targeting "advanced traders," according to an email sent to customers that was seen by CoinDesk.
To date, Irish authorities managed to recover approximately 4 million euros of the 20 million euros lost in banking scams since January 2023.
The new exchange was founded by an executive from Malaysian market leader Luno. It will target investors, businesses, and high-net-worth individuals.
SoFi started offering crypto services even before becoming a bank, and its banking license might change how it hodls crypto.
Heartland Tri-State Bank of Elkhart was closed on July 29, with the Federal Deposit Insurance Corporation (FDIC) taking control.