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CATEGORY: banking services

Hong Kong warns against crypto firms misrepresenting as banks
Author: Cointelegraph by Ezra Reguerra
United States
Source: Cointelegraph.com News
Nov 16, 2024 12:00

Hong Kong warns against crypto firms misrepresenting as banks

Hong Kongs central bank said it may be illegal for unlicensed companies to represent themselves as banks in Hong Kong. 

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Binance.US Struggles to Find Banking Partner in the U.S.
Hong Kong
Source: Blockchain News
Apr 09, 2023 07:00

Binance.US Struggles to Find Banking Partner in the U.S.


Binance.US is facing challenges in finding a bank partner to serve as a fiat on-ramp and off-ramp for its clients in the United States, following the recent failures of Silvergate and Signature Bank. The regulatory crackdown on banks with crypto clients is another factor contributing to the exchange's struggles. (Read More)

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