Tag: debanking
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 [...]
‘Sinister’ debanking of crypto traders is often anti-competitive says Senator Bragg
Australian banks have been dressing up anti-competitive behavior as regulatory compliance when de-banking crypto customers, Senator Andrew Bragg sa [...]
ANZ bank settles debanking case with Aussie Bitcoin trader
Bitcoiner Allan Flynn has settled his first complaint with the Australia and New Zealand Banking Group (ANZ) over being unilaterally debanked in 20 [...]