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Crypto Lending Platform Sandbank Temporarily Suspends New Deposits and Investment Features in Response to Crypto Market Challenges
Sandbank, a leading crypto lending and investment platform, has announced its temporary suspension of new deposits and investment features in response to the challenges and uncertainties prevailing in the crypto market.
Consumer Caution: Payment Apps and the Risk of Uninsured Deposits
In the evolving landscape of financial services, nonbank payment app companies are revealing significant gaps in deposit insurance coverage compared to traditional bank and credit union accounts.
Huobi's Subsidiary HBIT Taps MSB License in US
HBIT Inc, one of the subsidiaries of Huobi Technologies, has received the Money Services Business Registration License (MSB) issued by the U.S. Financial Crimes Enforcement Bureau (FinCEN).
Exclusive: CEX.IO - The Holistic Bitcoin Exchange Taking the US Regulatory Road Less Travelled
Oleksandr Lutskevych is the Co-founder and CEO at CEX.IO LTD, a successful London-based holding company consisting of the CEX.IO Bitcoin Exchange. Established in 2013 as the first cloud mining provider, CEX.IO is a multi-functional regulated cryptocurrency exchange, registered as a Money Business Service (MSB) by US regulator FinCEN.