Chase UK’s Anti-Crypto Stance: Execs Weigh In On ‘Nonsensical’ Decision
Chase UK’s recent decision to ban cryptocurrency transactions for its customers has sparked debate within the crypto community. While the bank cites concerns over scams and fraud as the rationale behind this move, critics argue that it contradicts the United Kingdom’s crypto policy objectives. Jesper Johansen, founder and CEO of crypto service provider Northstake, expressed […]
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JPMorgan Chase’s president that crypto “is kind of irrelevant in the scheme of things.” Commenting on the U.S. economy, he defended the Federal Reserve’s hawkish stance, emphasizing that if the Fed’s action “causes a slightly deeper recession for a period of time” then “that is the price we have to pay.” JPMorgan Chase President on U.S. Economy and Recession JPMorgan Chase President Daniel Pinto commented on the U.S. economy and cryptocurrency in an interview with CNBC, published Monday. Pinto is also the global investment bank’s....
JPMorgan’s British retail bank, Chase Bank, has recently revealed plans to ban cryptocurrency-related payments for its British customers starting from October 16, according to a report by Reuters. The decision comes as the banking giant seeks to address the “mounting concerns” surrounding fraud and scams associated with cryptocurrencies. Chase Bank Shuts Door On Crypto Transactions […]
Via his Twitter account, co-founder and CEO of Compass Mining, a company that offers Bitcoin mining host services and hardware, Whit Gibbs reported that U.S. bank JP Morgan Chase closed their accounts. At the time of writing, the financial institution hasn’t provided a reason that justifies the decision. Following the incident with Chase bank, Gibbs […]
The U.K.-registered EXMO exchange is one of the many crypto startups to go through the FCA approval process. Execs detailed the work it took to get there.
The outcome of elections with pro- and anti-crypto political candidates could determine the future of digital asset legislation and regulation in the United States. On Nov. 8, registered voters across the United States will cast ballots for political candidates to represent them at the local, state, and federal level — and for some people, crypto is the main issue.Voters took to social media amid early voting in certain U.S. states and ahead of Election Day to proclaim that despite many of the issues driving people to the polls — including ensuring free and fair elections, gun control, and....