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Unlike the unfounded narrative that cryptocurrency enables crime, big banks are more than happy to serve unsavory clients if it is lucrative enough for them. The latest example of this is a report that Jeffrey Epstein was apparently using his bank accounts to fund sex trafficking and possibly other ..
News Mike Novogratz's crypto investment bank Galaxy Digital hired a former exec at crypto trading giant Cumberland as head of global sales. According to an internal notice to Galaxy Digital’s counterparties, Wall Street veteran David Gross joined the company, crypto media outlet The Block rep..
News Fidelity’s crypto arm Fidelity Digital Assets Services (FDAS) has applied for a license to operate as a trust in New York State. FDAS has filed an application with the New York Department of Financial Services (NYDFS) for a trust license, crypto media outlet The Block reported on July 20, cit..
Major Wall Street bank, Wells Fargo, has come under the wrath of Twitter, following the bank’s response to a customer’s complaint via Twitter about being unable to buy cryptocurrencies like bitcoin. According to the customer, the bank bounced the debit card even after paying some bills.Sorry, Jos..
Follow up Last weekend, Bart Chilton, a former commissioner of the United States Commodity Futures Trading Commission (CFTC) and early advocate for cryptocurrency regulation, died at the age of 58. Apart from his work for the regulator, he was best known as the host of RT (formerly Russia Today) A..
ErisX To CFTC: Ethereum Futures Would Be Positive Last year, as the crypto market stumbled, ErisX, instantly deemed a potential competitor to Bakkt, was unveiled to the desperate Bitcoin community. Yet, since the American upstart first hit headlines, the company, who has strategic partnerships with ..