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UK Bank Starling Bans Deposits And Purchases Related to Cryptocurrencies
The latest financial institution to forbid crypto-related transfers and activity for its cardholders is the British digital bank Starling. Its customers won’t be able to buy cryptocurrencies like Bitcoin or accept incoming transactions from exchanges or retailers…
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South Korea Will Alter Its Legal System to Better Manage Cryptocurrency Projects
Authorities from South Korea are submitting additional revisions to the Digital Assets Bill to gain more control over cryptocurrency exchanges in the wake of the collapse of Terra LUNA and the bankruptcy of FTX.…
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U.S. Senators Call For Review of SoFi’s Cryptocurrency Listings by Bank Regulators
U.S. senators Sherrod Brown (D-Ohio), Chris Van Holland (D-Md.), Jack Reed (D-R.I.), & Tina Smith (D-Minn.) sent open letters to SoFi, a digital finance startup, and several bank regulators requesting a “review”…
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