California Regulator Probes Crypto Lenders
— Regulator, European, Union, Techreg, Crypto, Lenders, Court, Probes, California, Serve — 1 min read
U.K. Parliament sent letters to Visa and Mastercard demanding an explanation for the increase on cross-border fees after the EU left the EU. Payment regulator in the UK signaled that Visa’s increases may indicate that the market is not working well. In California, a financial regulator is investigating several crypto lenders for suspending withdrawals and transfers. NFTs are now a legal way to serve documents of court proceedings via the transfer of a non-fungible token (NFT) on the blockchain in the case of D’Aloia v. Binance Holdings and Others. The High Court of England and Wales recently granted an order permitting the court to. serve documents in the. blockchain in a. case of Binance. Source