‘Sinister’ debanking of crypto traders is often anti-competitive says Senator Bragg
Senator Bragg says that his government won’t let Aussie banks to practice anticompetitive de-banking against crypto companies. Go to Source Powered by WPeMatico
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ANZ bank executive: The ‘weight of money’ means crypto can’t be ignored
“When you look under the hood on that, we’ve concluded that this is a major protocol shift for financial market infrastructure,” said Nigel Dobson, ANZ’s Banking Services Portfolio Lead. Go to Source Powered by WPeMatico
Asian CBDC projects: What are they doing now?
Governments in Asia are quickly researching or implementing CBDCs. What does this mean for the region’s overdependence on the U.S. dollar? Go to Source Powered by WPeMatico
ANZ bank settles debanking case with Aussie Bitcoin trader
Allan Flynn won a settlement with ANZ for debanking him and is headed to the tribunal to take on Westpac next week. Go to Source Powered by WPeMatico
Opposition mounts to Biden’s OCC pick, fears she could ‘regulate crypto into oblivion’
Texas Senator Ted Cruz is among a number of politicians and bankers that are opposed to the nomination of Saule Omarova. Go to Source Powered by WPeMatico
Crypto and DeFi disintermediate banking in new ways, says OCC head
The head of the body in charge of overseeing U.S. banks named cryptocurrency and decentralized finance (DeFi) activity among factors contributing to disintermediation of the banking system. Go to Source Powered by WPeMatico
Caitlin Long takes aim at The New York Times over crypto ‘alarm’ article
Regulated crypto bank Avanti CEO Caitlin Long says tarring the entire crypto industry with the same brush is unfair. Go to Source Powered by WPeMatico
OnlyFans boss explains how ‘aggressive’ banks forced it to drop adult content
Speaking on OnlyFans’ ban on adult content, founder and CEO Tim Stokely explained the banks were the only reason behind the policy change. Go to Source Powered by WPeMatico
Multi-Billion Dollar Financial Services Firm Lloyds Looks to Hire a Digital Currency Expert
Lloyds Banking Group, the British parent company of Lloyds Bank, is currently hiring a “digital currency [and] innovation senior manager,” according to a recent job listing posted to BYP Network. Lloyds is one of the largest financial services firms in the world with close to $500 billion assets under management (AUM). The new digital currency … Read more
HSBC UK reportedly cuts credit card payments to Binance
“We take our duty as a responsible lender seriously and want to do everything we can to protect you,” HSBC UK reportedly wrote. Go to Source Powered by WPeMatico
