Binance and CoinGecko remain the only crypto services to break into the Financial Services category, which is still dominated by heavyweights like PayPal, Stripe and Alipay. The financial sector gener...
Tag: Services
California regulators order MyConstant to cease crypto-lending services
The California Department of Financial Protection and Innovation (DFPI) has ordered crypto lending platform MyConstant to cease offering a number of its crypto-related products over alleged state secu...
Visa, Mastercard are ‘great defensive names’ for 2023, but PayPal and Coinbase stocks could be set for a rebound, analysts say
Whether you’re looking to scoop up some beaten-down bargains or trying to play it safe, analysts see potential in the payments sector heading into the new year. With a potential recession on many inve...
Incoming House Financial Services Committee chair reintroduces bill on crypto
The bill will make it easier to bring products to market without being subjected to “burdensome regulation.” Rep. McHenry penned a letter to Treasury secretary Janet Yellen last week, seeking to delay...
Financial Services Innovation Act Gets A Dusting Off
Join Our Telegram channel to stay up to date on breaking news coverage Patrick McHenry, the soon-to-be chair of the House Financial Services Committee from January 2023, has brought back legislation f...
Incoming House Financial Services Committee chair reintroduces crypto bill
North Carolina’s Representative Patrick McHenry, an incoming chair of the House Financial Services Committee, has reintroduced a crypto bill. The reinstatement of the Financial Services Innovation Act...
Gate.io closer to launching US services after receiving local licenses
Gate US, the United States arm of the fourth largest cryptocurrency exchange by trading volume, Gate.io says it has received operating licenses in “several” states, bringing it closer to launching ser...
Crypto’s Onetime Fans Are Calling It Quits After FTX Collapse
Buying crypto was so much fun when it was going up. Now, many onetime fans are getting out. This year has brought crisis after crisis, raising questions about the industry’s long-term prospects. Two m...
Given up on Wall Street? Here’s how stocks could rally 20% next year, says veteran analyst
Just two weeks of 2022 to go and the stock market mood remains grim. The latest burst of optimism, on further evidence that U.S. inflation continues to ease, has again evaporated. Equity investors fea...
Prominent Auditing Firm Mazars Stops Services For Crypto Sector
Binance, KuCoin, and Crypto.com are some of the companies that have used the service. CZ has previously said that audit firms are hesitant to engage with crypto companies. Binance, a cryptocurrency ex...
Latest in Crypto Hiring: Financial Services Firm Cuts Employee Salaries in Lieu of Layoffs
As layoffs in the crypto space have persisted in recent weeks, one company in the segment has taken a different approach. Crypto exchanges Bybit and Swyftx are among the crypto firms that have reveale...
Binance Auditor Mazars Suspends Services For Crypto Firms
Crypto exchange Binance on Friday said its auditor Mazars has suspended services for cryptocurrency firms including crypto exchanges, reported Bloomberg. According to a Binance spokesperson, France-ba...
Microsoft bans crypto mining on its cloud services
Microsoft has updated its acceptable use policy to clarify that crypto mining is now banned unless prior approval is given. An updated policy In a move that was not publicised, Microsoft has quietly c...
House Financial Services Committee leader wants to extend crypto tax reforms
The chairman of the House Financial Services Committee, who is a leading Republican, has asked the Treasury Department to postpone enforcing the crypto tax provisions of the Infrastructure Investment ...
ASIC sues Finder Wallet for providing “unlicensed” financial services
ASIC has filed civil penalty lawsuits in the Federal Court against Finder Wallet Pty Ltd, a division of comparison website Finder.com, alleging that it provided financial services without a license, v...
The New House Financial Services Committee Head Wants To Postpone Crypto Tax Measures
Representative Patrick McHenry, a Republican from the United States, sent a letter to the Treasury Department in which he asked for clarification on a portion of the digital asset tax that had been po...
New House Financial Services Committee chair wants to delay crypto tax changes
The incoming United States House Financial Services Committee chair Patrick McHenry wants the Treasury to delay the implementation of a section of the Infrastructure Investment and Jobs Act that deals...
Dutch central bank says KuCoin is not licensed and ‘illegally offering services’
The central bank of the Netherlands, De Nederlandsche Bank, has issued a warning to investors using KuCoin, saying the exchange was operating without legal registration. In a Dec. 15 announcement, the...
Australian regulator sues Finder Wallet for ‘unlicensed’ financial services
Australia’s financial watchdog sued Finder Wallet, a subsidiary of comparison website Finder.com, over a crypto-linked yield product. The Australian Securities and Investment Commission (ASIC) s...
Microsoft Quietly Bans Crypto Mining From Cloud Services
In an effort to stabilize its cloud services, Microsoft’s updated terms are restricting access to Bitcoin and crypto mining. Any users who intend to do so now must receive pre-written approval from t...
Microsoft bans crypto mining on cloud services
In response to the increasing number of people using cryptocurrencies, Microsoft has quietly banned mining digital coins on its services. Also, its acquisition of Activision Blizzard was blocked earli...
Why Microsoft Banned Crypto Mining For Its Online Services
According to The Register’s report, big tech giant Microsoft banned crypto mining from its “Azure” cloud services. The company updated its Universal License Terms for Online Services, issued in early ...
Microsoft bans cryptocurrency mining on cloud services
Cloud computing giant Microsoft is taking measures to increase stability of its cloud services by forcing new restrictions for activities like cryptocurrency mining. Microsoft has quietly banned crypt...
Top 5 Web Hosting Services That Accept Shiba Inu Payments
– Advertisement – These five web service companies accept Shiba Inu payments. Recently, Shiba Inu has become a popular payment method for exchanging goods and services. Following the popul...
Multiple Award Schedule (MAS) Contract Awarded to Simba Chain by the General Services Administration
Advertisement     With this multi-year contract, Simba Chain will be able to offer its blockchain services and solutions to all US federal departments and agencies. Si...
Bitso Partners With Felix Pago to Offer Whatsapp-Based Remittance Services Between Mexico and US – Coinotizia
Bitso, a Latam-focused cryptocurrency exchange, has partnered with chat-based payments provider Felix Pagos in order to offer Whatsapp-integrated remittances. The objective of this partnership is to p...
20 big oil companies expected to be cash gushers in 2023 despite uncertainty
The energy sector of the S&P 500 has been the year’s best performer, yet oil stocks still appear to be inexpensive when compared with those in other industries. If you are interested in investing ...