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US Guides Lobbying and Policy Strategy for London Crypto Firms

2022.09.20

A London-based cryptocurrency trading platform is getting crypto-related lobbying and policy advice from Jim Messina, the former deputy head of staff to President Barack Obama, crypto media channel CNBC reported on September 19.

 

As the crypto industry has been ramping up its engagement with government officials worldwide, the business has increased lobbying efforts globally as potentially stringent restrictions loom. This month, the Biden administration unveiled a blueprint for prospective crypto rules in the US, including measures to combat fraud.

 

During the EU debates regarding the crypto "whether or not it would decide to make non-custodial wallets illegal," and aiming to do the act that would effectively secure crypto savings accounts.

 

The bill would compel crypto businesses, such as digital-asset exchanges, to get licenses via the state's Department of Financial Protection and Innovation and take effect in 2025 if signed into law by Governor Gavin Newsom.

 

Source: CNBC

Fee policy for withdrawal of virtual assets

The following fees are charged when withdrawing virtual assets from Delio Bank.

Virtual asset type Transmission fee (Gas fee) Withdrawal fee
Bitcoin (BTC) Charged according to network conditions 2,000 won worth of Bitcoin
Ethereum (ETH) Charged according to network conditions 2,000 won worth of Ethereum
Ripple (XRP) Charged according to network conditions 1 XRP

· There is no fee for transfers within Delio Bank.

· No withdrawal fee is charged for virtual assets other than Bitcoin, Ethereum, and Ripple.

· Please check the transfer fee for virtual assets other than Bitcoin, Ethereum, and Ripple when withdrawing.