News Explorer — UK Lawmakers Launch Parliamentary Inquiry Into Crypto Banking Challenges

Generated by AI, curated by humans

Jul 21, 9:05 am

Decrypt

UK Lawmakers Launch Parliamentary Inquiry Into Crypto Banking Challenges

A parliamentary inquiry has been launched by UK lawmakers to investigate banking challenges faced by the country's crypto industry, focusing on account opening difficulties and payment restrictions by banks. The inquiry aims to assess if these barriers could hinder the UK's goal of becoming a global leader in digital assets.

A parliamentary inquiry has been launched by UK lawmakers to investigate banking challenges faced by the country's crypto industry, focusing on account opening difficulties and payment restrictions by banks. The inquiry aims to assess if these barriers could hinder the UK's goal of becoming a global leader in digital assets.

Latest

Jul 20, 10:34 pm

x.com

White House Agrees Clarity Act Ethics Package: Report

The White House has finalized an ethics package for the Clarity Act and shared it with specific Senate Republicans, acco... Read Summary

Jul 21, 9:34 am

Unchained Crypto

Former NY Governor Andrew Cuomo Joins OKX Board

Former New York governor Andrew Cuomo has joined OKX's board of directors, promoting 24/7 tokenized stock trading on Fox... Read Summary

Jul 21, 9:05 am

Decrypt

UK Lawmakers Launch Parliamentary Inquiry Into Crypto Banking Challenges

A parliamentary inquiry has been launched by UK lawmakers to investigate banking challenges faced by the country's crypt... Read Summary

Jul 20, 2:08 pm

Coindesk

Exodus to Slash Workforce By 25% in Stablecoin Payments Push

Exodus plans to reduce its global workforce by 25% to focus on stablecoin payments and card infrastructure, aiming to lo... Read Summary

Jul 20, 1:47 pm

Decrypt

Allbridge Pauses Protocol After $1.65M Flash Loan Attack

Allbridge has halted its protocol after an attacker siphoned $1.65 million from its Solana liquidity pools in a flash lo... Read Summary

Jul 20, 1:01 pm

Coindesk

Bitmine Scales Back ETH Purchases to $14M, Buys Back $86M in Stock

Bitmine, the largest Ethereum treasury firm, purchased 7,430 ETH last week, worth $14 million, as it redirected capital... Read Summary

Jul 20, 12:39 pm

www.strategy.com

Strategy Extends Bitcoin Buying Pause, Boosts Cash Reserve to $3.2B

Bitcoin treasury firm Strategy extended its pause on BTC buys for a further week while increasing its USD reserve by $22... Read Summary

Jul 20, 11:12 am

Decrypt

Strategy Chair Saylor Calls Bitcoin's BIP-110 'Bad Idea' in 110-Point Essay

Strategy chair Michael Saylor has published a 110-point essay opposes the BIP-110 soft fork, arguing it would harm Bitco... Read Summary

Jul 20, 10:04 am

Coindesk

Hyperliquid's HIP-4 Upgrade to Enable Permissionless Deployment of Prediction Market Contracts

Hyperliquid's HIP-4 upgrade introduces "outcome trading" to the decentralized exchange, allowing permissionless deployme... Read Summary

Jul 17, 1:46 pm

Decrypt

UK Trio Sentenced for Posing As Police Officers in $5.3M Crypto Fraud Scheme

Three men in the UK were sentenced for a £4 million cryptocurrency fraud, posing as police officers to scam victims. The... Read Summary

Jul 17, 10:12 am

Decrypt

Citadel Securities Invests $400M in Crypto.com at $20B Valuation

Citadel Securities has made a $400 million investment in Crypto.com at a $20 billion valuation, marking the exchange's f... Read Summary

Jul 16, 1:49 pm

Coindesk

Ledger Agent Stack Lets AI Agents Interact With Crypto Wallets

Ledger has introduced Ledger Agent Stack, an open-source toolkit enabling AI agents to interact with crypto wallets secu... Read Summary

Jul 16, 10:54 am

Decrypt

One Arrested Over Video Game Malware That Stole $200K in Crypto

A Florida man, Zyaire Dontaevious Zamarion Wilkins, was arrested for his alleged involvement in a scheme that infected t... Read Summary

Jul 16, 10:12 am

Coindesk

Tether Invests $20M in Argentine Neobank Ualá

Tether invested $20 million in Argentine neobank Ualá, part of a $197 million funding round. Ualá offers financial servi... Read Summary

Jul 16, 8:34 am

Decrypt

SBF Faces Unanimous Senate Resolution to Deny Clemency Over FTX Collapse

The U.S. Senate unanimously passed a resolution stating that Sam Bankman-Fried should not receive clemency over the coll... Read Summary