The White House order will involve banks being fined if they drop customers for political reasons or discriminate against digital asset firms and organizations. The executive order directs bank regulators to investigate whether any banks or financial institutions might have violated the Equal Credit Opportunity Act, antitrust laws, or consumer financial protection laws, reported The Wall Street Journal on Monday. …
Category:
Crypto
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Crypto
Bitpanda eyes market expansion as it hits record profitability
by Trevor Jonesby Trevor JonesCrypto exchange Bitpanda just posted its strongest financial year on record, more …
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Crypto
Trump could soon sign executive order to penalize banks for discriminating against crypto firms
by Trevor Jonesby Trevor JonesKey Takeaways A proposed White House executive order aims to penalize banks …
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Crypto
South Korean Banks Race To Launch Crypto Services Before Regulatory Changes
by Trevor Jonesby Trevor JonesSouth Korean crypto season is officially underway! Some of South Korea’s largest …
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Crypto
Ethena’s USDe Market Cap Jumps 75% in a Month Amid Treasury Launch
by Trevor Jonesby Trevor JonesEthena’s synthetic dollar stablecoin, USDe, has seen impressive market growth in recent …
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Crypto
$24b RWA gold rush gets its elite bootcamp in Ascend startup accelerator
by Trevor Jonesby Trevor JonesAs RWAs cement themselves as crypto’s second-fastest-growing sector, a who’s-who of fintech …
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Crypto
CFTC explores allowing futures exchanges to offer spot Bitcoin, crypto trading
by Trevor Jonesby Trevor JonesKey Takeaways The CFTC is considering allowing futures exchanges to offer spot …
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Crypto
Metaplanet Adds 463 BTC: Total Holdings Edge Closer To $2 Billion
by Trevor Jonesby Trevor JonesJapanese investment firm Metaplanet has deepened its Bitcoin bet. On 4 August …
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One of the leaders in the liquid staking scene has undergone a …
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OpenMind plans to create a decentralized operating system for smart machines. Summary …