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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


US exodus as Revolut now ‘suspends’ crypto access in country amid regulatory uncertainty

Amid the evolving landscape of crypto regulation in the United States, financial technology company Revolut has announced it is “suspending” crypto services in the US. A Revolut spokesperson told CryptoSlate, the company, together with its US banking partner, will suspend access to cryptocurrencies for its US customers starting Sept. дальше »

2023-8-4 15:01


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Binance Appoints New Compliance-Focused And Money Laundering Reporting Officer Amid Growing Regulatory Heat, Lawsuits

Binance has announced the appointment of a new Deputy Chief Compliance Officer (CCO) and Global Money Laundering Reporting Officer (GMLRO) at a time when the world's largest cryptocurrency exchange grapples with regulatory challenges from several law enforcement officers worldwide over compliance issues. дальше »

2023-8-4 00:39


Crypto’s correlation with stocks rising again following temporary deviation

Key Takeaways Crypto had moved in line with stocks and other risk assets throughout the interest rate tightening cycle This relationship weakened in June amid the crypto regulatory crackdown The correlation has recently picked up again, however Going forward, relationship may change again as the market anticipates the tightening cycle is coming to a close […] The post Crypto’s correlation with stocks rising again following temporary deviation appeared first on CoinJournal. дальше »

2023-8-1 14:40


SEC Actions Favor Corporate Capitalism Over Investors, Pro-XRP Lawyer Claims

The actions of the U. S. Securities and Exchange Commission (SEC) continue to raise eyebrows among crypto industry observers. According to John Deaton, a pro-XRP lawyer, the regulatory body’s approach to cryptocurrency regulation appears to uphold the interests of corporate capitalism rather than advocating for investor protection. дальше »

2023-7-30 16:21


SEC Chief Unleashes Fury On Crypto Industry, Says It’s ‘Rife With Fraud’

Gary Gensler, the chairman of the US Securities and Exchange Commission, continues to express deep concerns about the cryptocurrency sector and its lack of regulatory oversight. In an interview, Gensler once again criticized cryptocurrencies’ decentralized nature, making it a headache of sorts for the SEC to enforce regulations and protect investors effectively. Gensler’s primary message […] дальше »

2023-7-29 13:34