OnlyFans retracts its decision to prohibit porn following assurances from ‘banking partners’
As a result of the backlash from creators and new assurances from at least one bank that had suffered a bad reputation, OnlyFans has reversed course on its decision to ban sexually explicit content. This has not gone down well with a number of major banks, who are concerned about the platform’s ability to connect […]
JPMorgan reportedly shuts down bank accounts of Compass mining firm
JPMorgan Chase according to recent news has closed down the account of Delaware-based Compass Mining which is one of its investors providing citizens exposure to Bitcoin mining via its private infrastructure. JPMorgan Chase, an American banking institution, is said to have suspended all account activities of Compass Mining, a Bitcoin (BTC) mining firm situated in […]
JPMorgan launches an in-house bitcoin fund for wealthy clients
JPMorgan Chase launched a passively managed in-house bitcoin fund on Wednesday, which it began marketing to rich customers this week. According to CoinDesk, which cited two sources familiar with the situation, the bank is pushing the passively managed crypto fund to its private bank clients, although it has yet to attract any investment . According […]