The platform enables the conversion of traditional assets into digital assets and makes way for faster and more secure settlements on-chain.
Category: Barclays
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Former JPMorgan, Barclays execs on why crypto jobs attractive even in bear market
Former traditional finance veterans are debuting a crypto career at the crypto ETF issuer 21Shares despite the bear market.
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Goldman Sachs and Barclays invest in UK crypto trading platform Elwood
The global head of digital assets for Goldman Sachs said the demand for cryptocurrency from institutions is rising and the firm has been “actively broadening” its market capabilities to cater to that demand.
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HSBC Becomes Latest Bank to Suspend Payments to Crypto Exchange Binance in UK
HSBC has reportedly become the latest British bank to announce that it has suspended payments to cryptocurrency exchange Binance. Citing a consumer warning by the country’s financial regulator, the Financial Conduct Authority (FCA), the bank told its customers: “We’ve made this decision due to concerns about the possible risks to you.” ‘We’re Suspending Payments to […]Powered by WPeMatico
After Barclays and Santander, UK Bank Natwest Blocks Payments to Binance
A major high street bank in the U.K., Natwest, has blocked payments to crypto exchange Binance. Natwest’s decision came after two other major British banks — Barclays and Santander — made a similar move to block fund transfers to Binance. The banks acted in response to a warning on the cryptocurrency exchange by the U.K.’s […]Powered by WPeMatico
Payments Provider Clear Junction Stops Processing Payments for Binance
On Monday, the global payments solutions provider Clear Junction announced it ceased processing transactions for Binance. The move by Clear Junction was brought on by the Financial Conduct Authority’s (FCA) recent warning, according to a blog post written about the decision. Clear Junction Ceases Processing Payments for Binance Citing the Recent FCA Warning The Financial […]Powered by WPeMatico
Santander’s UK arm follows Barclays in banning payments to Binance
The bank said would be “following the FCA’s warning to consumers” in blocking payments made to the crypto exchange.
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Barclays Blocks Customers From Sending Funds to Binance
Barclays has reported it no longer supports wiring funds to Binance, one of the largest cryptocurrency exchanges in terms of daily volume. The bank announced its issues with wiring funds to Binance in a resolution message to the customers today. The banking giant cites the warning that the Financial Conduct Authority (FCA) issued against Binance […]Powered by WPeMatico
Binance disappointed by Barclays’ ‘unilateral action’ to block customer payments
A Binance spokesperson reiterated to Cointelegraph that the Financial Conduct Authority’s recent edict only applied to Binance Markets Limited, or BML, which is a separate legal entity from the main global exchange that operates through Binance.com.
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Bitstamp crypto exchange hires former Barclays exec as new COO
Sameer Dubey is a 10-year veteran of Barclays and former head of operations for N26.
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