They say they are close to getting the local government to allow them to have the first cryptocurrency bank. (nytimes.com)
Craig Wright, the 44 - year old Australian polymath outed as the creator of bitcoin, attempted to introduce the world's first cryptocurrency bank in 2014 but fell foul of Australian tax rules. (finextra.com)
The SEC charged cryptocurrency banking firm AriseBank over alleged fraud and violations of securities rules on Jan. 25, announcing a cease - and - desist order on firm's operations. (coindesk.com)