Tag: Services

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UK FCA Publishes Review of AI Impact on Retail Financial Services

The United Kingdom’s Financial Conduct Authority (FCA) has issued a broad regulatory blueprint for retail financial services, warning that retail financial services are hurtling...

Binance Tells EU Users It Will Wind Down Services as MiCA Deadline Hits

Binance has begun notifying European Union customers it will restrict services after withdrawing its Greek MiCA application, realizing the EU-exit risk that surfaced earlier...

Binance tells EU users it will no longer provide services after failing to secure MiCA license

Binance, the world's largest crypto exchange by trading volume, told customers in the European Union (EU) it is suspending some services because it will...

OpenPayd Secures MiCA License for Crypto Services in Europe

Financial infrastructure provider OpenPayd said Wednesday that it has secured authorization under the European Union’s Markets in Crypto-Assets Regulation (MiCA), allowing it to offer...

Revolut Plans 2027 US Bank Launch With Stablecoin Services Built In From Day One

The British neobank, with 70 million customers and a $75 billion valuation, will pair FDIC-insured accounts with stablecoin access on a single platform —...

How the House Financial Services Committee is taking on tokenization: State of Crypto

Last month, Rep. French Hill, who chairs the House Financial Services Committee, told CoinDesk that he expected the Clarity Act to secure bipartisan consensus,...

Grayscale says Hyperliquid could become a ‘financial services juggernaut’

Hyperliquid (HYPE), a decentralized trading platform that began as a crypto perpetual futures exchange less than three years ago, is increasingly being viewed by...

Italy’s Banca Sella Gets MiCA Approval for Crypto Services

Italian bank Banca Sella announced that it has completed its notification process with the Bank of Italy under the European Union’s Markets in Crypto-Assets...

Galaxy Wins New York BitLicense for Institutional Crypto Services

Galaxy Digital, a crypto-focused financial services company led by Mike Novogratz, has received a BitLicense and Money Transmission License from the New York State...

Galaxy Receives BitLicense From New York State Department of Financial Services

Galaxy has obtained a BitLicense from the New York State Department of Financial Services, regulatory approval to operate a cryptocurrency business in the state.Galaxy...

Minnesota Legalizes Crypto Custody Services for Banks, Credit Unions

Minnesota-based banking institutions and credit unions are set to offer some crypto custody services beginning in August.On Friday, Governor Tim Walz signed House File...