Strike CEO Jack Mallers Debanked by JPMorgan
JPMorgan has cut ties with Strike CEO Jack Mallers, leaving the Bitcoin payments firm scrambling for banking partners as the bank faces regulatory and reputational pressures tied to crypto exposure.
Financial Services
Small Texas Bank Monet Joins Field of Digital Asset Focused Banks
Small Texas lender Monet is joining the field of crypto-focused banks, unveiling plans to provide digital-asset custody and payments as industry seeks clearer regulatory guidance.
Huione Shuts Phnom Penh Branches
Sanctioned lender Huione has shut all Phnom Penh branches and suspended customer withdrawals amid regulatory scrutiny. Clients report frozen accounts and service disruptions as authorities probe compliance.
SoFi to Spawn Bitcoin and Crypto Trading, Spots Record 2025
SoFi plans to launch Bitcoin and cryptocurrency trading as it eyes a record year, expanding digital-asset services to retail clients. The move could accelerate mainstream adoption and market competition.
JPMorgan and Strike CEO Quiet, Leaving ‘Debanking’ Questions Unresolved
JPMorgan and Strike CEO Jack Mallers have gone silent after allegations of ‘debanking’ surfaced, leaving regulators, customers and crypto advocates seeking answers as scrutiny intensifies.
Jiuzi Holdings, Inc Enters Strategic Partnership with BitFi
Jiuzi Holdings, Inc. has formed a strategic partnership with BitFi to develop Bitcoin-focused financial products and infrastructure, aiming to expand institutional access and drive crypto adoption.
Tenth Circuit Custodia Denied Master Account
The Tenth Circuit upheld the Fed’s denial of Custodia Bank’s master account, dealing a setback to crypto banking. Regulators cite stability concerns; industry warns the ruling could curb digital-asset innovation.
BOE Proposes Cap on Retail Stablecoin Holdings
Bank of England proposes a £20,000 cap on retail stablecoin holdings, saying it will protect consumers. Crypto firms warn the narrow exemptions could stifle innovation and shrink the UK market.
Lava Secures $200M for Bitcoin Backed Line of Credit
Lava raised $200M to launch a Bitcoin-backed line of credit, unveiling a DLC-based collateral protocol that lets borrowers access liquidity while keeping custody of BTC. Investors back expansion plans.
‘I Am Your Champion’: Nigel Farage Makes Case for UK Crypto Reform
Nigel Farage declares “I am your champion” for UK crypto, urging clearer rules and innovation-friendly oversight. As Reform UK opens to digital-asset donations, he pitches a pro-growth agenda amid rising fintech competition.