Cryptofriendly

Crypto-friendly fintech firm Ziglu receives e-money license, launches P2P payments

Crypto-friendly fintech firm Ziglu receives e-money license, launches P2P payments

Ziglu, a crypto-friendly fintech firm based in London, has received an Electronic Money Institution (EMI) license from the U.K.’s Financial Conduct Authority and has launched peer-to-peer (P2P) payments for both fiat and cryptocurrencies. The EMI license, which allows Ziglu to issue e-money and provide payment services, was issued on September 1. The firm initially applied …

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The number of blockchain investment deals has declined for seven consecutive months

Crypto-friendly Signature Bank was the most popular among industry firms seeking PPP loans

A review of data from the U.S. government’s Payroll Protection Program reveals that two crypto-friendly banks were the most popular among those seeking such loans. The Block’s Steven Zheng found that Signature Bank and Silicon Valley Bank — both of which maintain a range of crypto industry firms as clients — facilitated nine and eight …

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Crypto-friendly CFTC commissioner Quintenz won’t seek re-nomination after term expires this month

Crypto-friendly CFTC commissioner Quintenz won’t seek re-nomination after term expires this month

Brian Quintenz, the crypto-friendly commissioner at the Commodity and Futures Trading Commission (CFTC), will leave his post later this year following the completion of a five-year statutory term. Quintenz has a financial management background and founded investment firm Saeculum Capital Management in 2013. He was nominated by President Barack Obama to take the post of …

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