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Banks Are Critical Part of Crypto Ecosystem
Coinbase urges US regulators to clear path for banks to offer crypto services
Coinbase Global on Tuesday renewed its call for U.S. banking regulators to clarify or revise their position on banks offering cryptocurrency services as well as potentially doing tie-ups with companies in the digital assets sector.
Coinbase calls on regulators to clarify crypto-bank rules
Banks that pursued crypto “were almost universally met with resistance” from the FDIC, the agency’s acting chair, Travis Hill, said Wednesday.
Banks Are Critical Part of Crypto Ecosystem: Coinbase's Shirzad
Coinbase Global Inc. is urging US banking regulators to clarify or amend their positions in order to allow banks to offer custody and trading execution services for cryptocurrencies as well as clear the path for them to partner with the likes of Coinbase.
Coinbase seeks clarity on crypto banking services
Coinbase (NASDAQ:COIN), a major cryptocurrency exchange, sought intervention from US regulators to affirm that banks can freely offer services to crypto businesses. The exchange sent letters to the Office of the Comptroller of the Currency (OCC),
Axios Sneak Peek on MSN
56m
House GOP hears crypto firms on Operation Choke Point 2.0
A regulator doesn't have to explicitly say "don't do something" in order to tell entities it regulates to not do that ...
CoinDesk
3h
Crypto's Debanking Worries Hit Another Big Stage in U.S. House
The industry's U.S. banking crisis may be retreating as a second congressional committee sheds light on how crypto businesses have been treated by regulators.
ReadWrite
2d
Coinbase users reportedly lost $65M in two months to crypto scams
Crypto sleuth ZachXBT claims Coinbase users lost over $65M in two months to scams, urging the exchange to strengthen security ...
8h
6 things every beginning crypto investor should know
Unlike traditional assets like stocks or real estate, cryptocurrencies often have no intrinsic value and their prices are ...
American Banker
14h
Bank customers still complain about crypto debanking
Despite crypto-friendly signals coming from Washington, getting a bank account still appears to be a challenge for crypto ...
18h
on MSN
‘Anti-crypto’ Elizabeth Warren joins industry in decrying debanking
Warren is urging Trump to act against major U.S. banks over what she and the crypto industry call unfair account closures.
1h
on MSN
Winklevoss brothers mull IPO for Gemini crypto exchange: Report
Gemini’s reported fresh IPO plans come as crypto asset manager Bitwise predicted that at least five “crypto unicorns” would ...
3d
on MSN
MicroStrategy, Coinbase, and Crypto Stocks Rebound After Trump Delays Mexico Tariffs
MicroStrategy, Coinbase, and other cryptocurrency stocks fell before bouncing back on Monday after President Donald Trump ...
CoinDesk
3d
Coinbase Secures Spot on UK Crypto Register
Coinbase already had a presence in the U.K. through its CB Payments Ltd. subsidiary, which has provided e-money services ...
1d
FDIC releases documents related to supervision of crypto-related activities
FDIC officials are asking banks for details on how they may engage with cryptocurrency while maintaining appropriate ...
Cryptopolitan on MSN
16h
Coinbase must do more to stem the $300M its users lose to social engineering scams yearly
You wouldn’t want to wake up one morning and find that your account has been frozen or, worse, discover that you have become ...
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