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Revolut launches business offering in Australia, seeks banking license

Crypto-friendly fintech firm Revolut has launched international payments-focused business accounts for clients in Australia, as it reportedly works to secure a banking license down under.The London-based firm offers a range of fiat payment services for clients in Europe and Australia. It also offers crypto services, including the buying and selling

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FTX Founder Bankman-Fried Seeks Dismissal of Charges Filed After Extradition – Exchanges Bitcoin News

Former CEO of crypto exchange FTX, Sam Bankman-Fried, has asked a judge in the U.S. to dismiss several charges against him filed after his extradition from the Bahamas. His lawyers insist that prosecutors have not obtained consent from Bahamian authorities for the additional counts. FTX’s Sam Bankman-Fried Urges Court to Drop

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New York AG’s office seeks additional authority over crypto firms

Letitia James has reportedly proposed legislation that would give the New York Attorney General’s office more authority to regulate the crypto industry.In a May 5 announcement, the NY AG’s office planned to submit a bill called the Crypto Regulation, Protection, Transparency and Oversight Act, or CRPTO, in the state's 2023

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New York AG Letitia James Seeks New Crypto Regulatory Powers for AG’s Office and NYDFS: Report

The New York Department of Financial Services would have stronger authority to regulate digital assets, with exchanges having to reimburse customers if they’re the victims of fraud, under a bill proposed by the state’s Attorney General Letitia James on Friday, according to media reports. Source

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