regulatory concerns. – DIGIT INFO

Analyst Warns of US Banking Sector Troubles, Foresees Stock Market and Bitcoin Slide

DIGIT — Mon, 24 Jun 2024 16:15:04 +0000

While U.S. federal regulators, including the Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve, have identified concerns with the crisis management tactics of four banks, in a recent interview with Kitco, market strategist Gareth Soloway expressed concerns. Soloway suggests something is “amiss” in the U.S. banking sector and claims that major banks are shedding […]

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Report: Binance US Struggles to Secure Banking Partner Amid Regulatory Crackdown on Crypto Industry

DIGIT — Sat, 08 Apr 2023 21:30:03 +0000

Following the collapse of Silvergate Bank, Silicon Valley Bank, and Signature Bank, cryptocurrency companies have been seeking new banking partners in the United States. According to a recent report citing “sources familiar with the matter,” Binance US, the American subsidiary of the cryptocurrency exchange, is having difficulty finding a U.S. banking partner. Unnamed Sources Say […]

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One-third of estimated 115M Indian crypto users concerned about regulations

DIGIT — Tue, 23 Aug 2022 10:00:00 +0000

A KuCoin survey estimates that some 115 million Indian citizens are invested in cryptocurrencies, while many are still concerned about the government’s stance towards the sector.

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