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BANKING SERVICES

Binance.US Struggles to Find Banking Partner in the U.S.
Banking Services

Binance.US Struggles to Find Banking Partner in the U.S.

Binance.US is facing challenges in finding a bank partner to serve as a fiat on-ramp and off-ramp for its clients in the United States, following the recent failures of Silvergate and Signature Bank. The regulatory crackdown on banks with crypto clients is another factor contributing to the exchange's struggles.

Reserve Bank of India Says Banks Are Authorized to Provide Accounts to Cryptocurrency Traders
Banking Services

Reserve Bank of India Says Banks Are Authorized to Provide Accounts to Cryptocurrency Traders

The Reserve Bank of India recently responded to an information query, saying that Indian banks are not prohibited from dealing with crypto businesses.