Black Dot and Cryptocurrency Exchange Advocate for Restoring Access to UPI for Indian Crypto Companies
Consulting firm Black Dot and an unnamed cryptocurrency exchange have asked the Central Bank of India to restore access for cryptocurrency companies to the national Union Payments Interface (UPI) payment system. Last year, Indian cryptocurrency trading platforms CoinSwitc ...
Binance Australia Faces Restrictions on PayID Deposits and Withdrawals
Binance Australia stopped working with banks via PayID. In addition, the continent's largest bank, Westpac, banned its customers from making deposits on the cryptocurrency exchange. The exchange said today that deposits via PayID a ...
UK Banks’ Refusal to Serve Crypto Companies Violates Customer Rights, Says Circle Development Head
The leader of development for Circle in the European market has denounced the British banking industry's rejection of cryptocurrency companies, arguing that it infringes on the rights of regular customers. Speaking at the Citi Symposium on Digital Assets, Teana Baker-Taylor claimed that the UK ba ...
Major Banks Interested in Working with Crypto Firms, but with Restrictions
Digital Currency Group (DCG) has revealed that major banks have expressed interest in collaborating with cryptocurrency companies, although there may be certain limitations imposed. Following the bankruptcy of American banks Silicon Valley Bank, Signature Bank, and Silvergate, DCG initiated discu ...