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Crypto Industry

Citadel Securities Invests $400 Million in Crypto.com at $20 Billion Valuation

Crypto.com has secured a $400 million investment from global market maker Citadel Securities in its first-ever institutional fundraising round, valuing the cryptocurrency exchange at $20 billion. The investment reflects the increasing convergence of traditional...

U.S. Banks Face Fresh Scrutiny Over Alleged ‘Debanking’ Practices

Major U.S. lenders are preparing for heightened regulatory scrutiny as the Office of the Comptroller of the Currency (OCC) nears completion of a review into allegations that banks improperly closed or denied customer accounts...