Tag: debanking
‘AI’ takes Collins dictionary word of the year, ‘debanking’ makes shortlist
Artificial intelligence, more specifically its abbreviation “AI,” was crowned word of the year for 2023 in the Collins dictionary, one of the world’s [...]
UK FCA Says It Made Crypto Firms, Banks Chat in Debanking Report Addressing Nigel Farage Allegations
The report, which follows allegations from broadcaster and former politician Nigel Farage that his bank account was shuttered over his political views [...]
Jeremy Hunt asks regulator to examine extent of debanking
Chancellor asks watchdog to speed up probe into whether bank accounts are being closed for political views.
www.bbc.co.uk [...]
Nigel Farage launches website over de-banking 'scandal'
It comes after two banking bosses quit over the row about the closure of Mr Farage's Coutts account.
www.bbc.co.uk [...]
UK banks risk losing licenses for debanking customers over political views
The British government is reportedly set to announce measures that could see banks stripped of their license if they choose to debank customers due to [...]
Crypto debanking could drive industry underground: Australia Treasury
The growing trend of cutting services to cryptocurrency companies in Australia could lead to undesired consequences like making the industry less tran [...]
Australia Acts on De-Banking of Crypto Entities, Supports Some Policy Recommendations
Blockchain Australia's commitment came after hosting a "Stopping Scams Roundtable" involving 28 representatives, as well as observers from the Austral [...]
What will Binance Australia services look like after debanking?
Binance users in Australia now have a narrowed pool of options to purchase cryptocurrencies amid the ongoing global debanking of crypto businesses. Si [...]
Buying a bank won’t solve crypto’s debanking issue: Binance CEO
Binance CEO Changpeng Zhao says the firm is unlikely to buy up any banking institutions, despite a growing worry of crypto companies being debanked, i [...]
Australian exchanges dispel debanking fears amid Binance saga, but risks loom
Australian-based cryptocurrency exchanges have lined up to quash contagion fears after the payments provider for Binance Australia was told to offboar [...]
Binance Australia partner hints at rising ‘scams’ after debanking exchange
The "third party payments provider" for Binance Australia, Cuscal hinted toward the impact of “scams and fraud" as it relates to "account fraud, ID ta [...]
US House Financial Committee Republicans look for records to show crypto debanking
Three Republican members of the United States House of Representatives Financial Services Committee have sent letters to the heads of U.S. banking reg [...]
CryptoUK calls on regulators to address de-banking of digital asset firms
The self-regulatory trade association CryptoUK has proposed providing a ‘white list’ of registered firms in the United Kingdom to address banks limiti [...]
UK Crypto ‘Whitelist’ Needed to Solve Debanking, Lobby Group Says
“We are calling upon the Government to find a path forward,” CryptoUK’s Director of Operations Su Carpenter told financial services minister Andrew Gr [...]
Blockchain Association seeks info from Fed, FDIC, and OCC on ‘de-banking’ crypto firms
The United States-based crypto advocacy group Blockchain Association called on financial regulators to provide information related to the potential “d [...]