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Revolut UK Banking License Application Faces Rejection by Bank of England

Amid financial scrutiny, UK fintech giant Revolut faces rejection for its long-running banking license application.  Revolut is facing a possible rejection of its UK banking license application submitted to the Bank of England (BoE). The British neobank’s long-standing application for a UK banking license appears to be in jeopardy and could cause a

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Bitcoin barely holds $28K as bulls see new rejection at key resistance

Bitcoin (BTC) saw another failure to exit a tight trading range into April 6 as $28,000 again hung in the balance.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalysis sees traders "compressing" BTC priceData from Cryptox Markets Pro and TradingView showed BTC/USD trading below the the $28,000 mark at the time of

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Judges hear oral arguments in Grayscale suit against SEC over BTC spot ETF rejection

A panel of judges heard oral arguments in the Grayscale Investments suit against the United States Securities and Trade Commission (SEC) on March 7. Grayscale is challenging the SEC order not to approve Grayscale’s application to create a Bitcoin (BTC) spot exchange-traded fund (ETF). The SEC issued its order on

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Bitcoin sees fresh $25K rejection as pre-Wall Street volatility returns

Bitcoin (BTC) matched six-month highs on Feb. 21 as the latest attempt to flip $25,000 to support failed.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin unsettled before Wall Street openData from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $25,250 on Bitstamp.A firm rejection on hourly timeframes then saw the pair

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Custodia Bank Renews Push for Fed ‘Master Account’ After Rejection

"Confronted with discovery requests to the Kansas City Fed and a looming deadline for the Board to produce an administrative record that would have revealed the Board’s control over the Kansas City’s Fed’s decision-making process, Defendants tried to moot the litigation. On January 27, 2023, in a coordinated maneuver orchestrated

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