Poloniex Added to FCA Warning List Amidst Recent Hacks and Regulatory Scrutiny

Poloniex, a cryptocurrency exchange owned by businessman Justin Sun, has been added to the Financial Conduct Authority’s (FCA) warning list of unapproved businesses in the UK. The FCA stated that companies and individuals cannot market financial services in the UK without the necessary authority or approval. The FCA also reminded the public that they cannot […]

Poloniex Added to FCA Warning List Amidst Recent Hacks and Regulatory Scrutiny

Poloniex, a cryptocurrency exchange owned by businessman Justin Sun, has been added to the Financial Conduct Authority’s (FCA) warning list of unapproved businesses in the UK. The FCA stated that companies and individuals cannot market financial services in the UK without the necessary authority or approval. The FCA also reminded the public that they cannot […]

Crypto Exchange Poloniex Added to UK Financial Watchdog’s Warning List

The U.K.’s Financial Conduct Authority (FCA) has added crypto exchange Poloniex to its warning list of non-authorized companies. The Seychelles-based exchange, owned by entrepreneur Justin Sun, has experienced four hacks in the past two months. The FCA warns that unauthorized entities cannot promote financial services in the UK and that dealing with them does not […]

Crypto Exchange Poloniex Added to UK Financial Watchdog’s Warning List

The U.K.’s Financial Conduct Authority (FCA) has added crypto exchange Poloniex to its warning list of non-authorized companies. The Seychelles-based exchange, owned by entrepreneur Justin Sun, has experienced four hacks in the past two months. The FCA warns that unauthorized entities cannot promote financial services in the UK and that dealing with them does not […]

Hypothekarbank Lenzburg Launches HBL Solutions for Banking-as-a-Service

The Swiss retail giant Coop has sparked ambitions at Hypothekarbank Lenzburg with its banking app services. The bank is now launching its own brand, HBL Solutions, for the banking-as-a-service sector. This move is seen as a strategic commitment to the growing business of embedded finance, where non-banks integrate financial products into their value chains. Hypothekarbank […]

Hypothekarbank Lenzburg Launches HBL Solutions for Banking-as-a-Service

The Swiss retail giant Coop has sparked ambitions at Hypothekarbank Lenzburg with its banking app services. The bank is now launching its own brand, HBL Solutions, for the banking-as-a-service sector. This move is seen as a strategic commitment to the growing business of embedded finance, where non-banks integrate financial products into their value chains. Hypothekarbank […]

JPMorgan CEO Jamie Dimon Faces Backlash Over Hypocritical Bitcoin Comments

JPMorgan CEO Jamie Dimon is facing backlash after his recent comments about Bitcoin and cryptocurrency. Dimon claimed that the “only true use case” for crypto is to facilitate crime, including drug trafficking, money laundering, and tax avoidance. However, critics were quick to point out the hypocrisy in Dimon’s statements, highlighting that JPMorgan has paid billions […]

JPMorgan CEO Jamie Dimon Faces Backlash Over Hypocritical Bitcoin Comments

JPMorgan CEO Jamie Dimon is facing backlash after his recent comments about Bitcoin and cryptocurrency. Dimon claimed that the “only true use case” for crypto is to facilitate crime, including drug trafficking, money laundering, and tax avoidance. However, critics were quick to point out the hypocrisy in Dimon’s statements, highlighting that JPMorgan has paid billions […]