UK Starling bank to resume crypto exchange deposits in late June
Starling blocked crypto exchange deposits last week, citing “high levels of suspected financial crime with payments to some cryptocurrency exchanges.” Starling, a United Kingdom-based online bank, is preparing to resume payments to cryptocurrency exchanges after suspending crypto exchange deposits last week.A spokesperson for Starling told Cointelegraph on Tuesday that the bank is set to restart payments to crypto exchanges on June 23 after temporarily suspending the feature as a measure to protect its customers.Starling blocked payments to some cryptocurrency exchanges last week, citing....
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Anne Boden is more than skeptical about crypto, as she criticizes their use worldwide. The Goldman Sachs-backed digital bank’s CEO has gone head-on against cryptocurrencies, warning users to refrain from digital assets. Established in 2014 by Anne Boden, Starling bank is a digital bank that provides loans and chargeless financial services via a mobile app. […]
Starling Bank, a UK-based digital banking corporation and a strong supporter of Bitcoin and the distributed ledger technology has secured a US$70 million funding round to penetrate the UK banking market. The organization, led by a group of experienced veterans in the finance sector including former Allied Irish Banks CEO Anne Boden, former Head of Technology for Barclays Mark Hipperson, and former Divisional Risk Officer at Lloyds Banking Group Tony Ellingham attempts to use advanced and innovative financial technologies to enable real-time intelligence, intuitive money management, and....
The founder and CEO of Starling, a digital bank, has expressed her views stating that EU laws have helped to shape the U.K.’s FinTech sector, but she fears that the result of Brexit could see the sector stalling. Anne Boden, who set up Starling in 2014, praised the EU by saying that it had come up with ‘very good payment and banking legislation,’ according to a report to the Financial Times. She said: I know the traditional banks don’t always like it, but if you look at it from a competition and innovation point of view, and especially for the development of fintech, then European....
The story of BTC China has been an interesting one. This exchange went from nobody's talking point to the largest bitcoin exchange in the People's Republic of China in a matter of weeks. That is, until, they stopped accepting bank deposits. Many were convinced it was the end of BTC China's short, short history. Unlikely. The exchange has once again begun accepting bank deposits with its corporate bank account, according to a number of user reports and confirmation from the company's head honcho. "Previously, we judged doing this as not being viable, however, we have since changed our....
LakeBTC, a bitcoin exchange company based in China, is now open for GBP and JPY deposits on its cryptocurrency platform. This move could open the company for more client accounts based in the UK and Japan, where bitcoin acceptance has also been increasing. In particular, clients can make a GBP deposit on LakeBTC through a UK bank transfer while JPY deposits on the bitcoin exchange will be accepted through a Japanese domestic bank transfer. Larger Bitcoin Exchange Market. According to a spokesperson for the bitcoin exchange, they are also working on adding EUR deposits and EUR/BTC trading....