FDIC Sends Cease-and-Desist to Crypto Firm That Shuttered in June
The FDIC alleges the firm made false claims about FDIC insurance coverage two months after the company announced ceasing operations.
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The FDIC alleges the firm made false claims about FDIC insurance coverage two months after the company announced ceasing operations.
Crypto fintech firm Unbanked has announced that it will wind down its services. The company joins a growing list of crypto companies to close their doors including crypto exchange Hotbit, NFT platform Teserra and payment firms Coinloan and Bottlepay.
According to the World Bank's Findex Survey, around 1.4 billion adults have no access to banking. In 2021, over 6 million people in the United States were
Unbanked announced the launch of its new crypto payment card to eligible players in the United Kingdom and other parts of Europe.
Cryptocurrency's path to legitimacy runs through Washington, but it's an opportunity dressed as a threat.