Press Release: AIMA Calls for Action on Banking Challenges Faced …

Dec 20, 2024 · AIMA Calls for Action on Banking Challenges Faced by Crypto Industry . A survey of 160 crypto hedge funds found that 75% reported issues with accessing or growing banking …

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Press Release: AIMA Calls For Action On Banking Challenges Faced …

2 weeks from now

Dec 20, 2024 · AIMA Calls for Action on Banking Challenges Faced by Crypto Industry . A survey of 160 crypto hedge funds found that 75% reported issues with accessing or growing banking …

aima.org

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75% Of Crypto Funds Struggle With Accessing Banking Services

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Dec 22, 2024 · The report found that approximately 120 out of 160 crypto-focused hedge funds — constituting about 75% of the respondents — faced obstacles with their banking services. …

beincrypto.com

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Almost Half Of Traditional Hedge Funds Are Dabbling In Crypto

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Oct 10, 2024 · Among hedge funds trading in traditional markets, 47% had exposure to digital assets, up from 29% in 2023 and 37% in 2022, according to the Global Crypto Hedge Fund …

bloomberglaw.com

FAQs about Press Release: AIMA Calls for Action on Banking Challenges Faced … Coupon?

Do crypto hedge funds have a problem with banking services?

According to a recent survey by the Alternative Investment Management Association (AIMA), “three quarters of 160 crypto hedge funds polled reported difficulty accessing banking services,” while none of the 20 traditional hedge funds surveyed faced similar challenges. This discrepancy strongly suggests targeted action against the crypto industry. ...

Are debanking practices targeting the crypto industry?

This latest iteration of debanking practices—seemingly targeting the crypto industry—has resurfaced as a flashpoint in the broader struggle between traditional financial institutions and the burgeoning world of digital assets. ...

Are hedge fund managers hesitant to invest in digital assets?

Hedge fund sector remains cautious: Despite the industry’s growth, many traditional hedge fund managers remain hesitant, with 76% of those not currently invested in digital assets unlikely to enter the space within the next three years, up from 54% in 2023. ...

Will Custodia's appeal impact crypto-focused banks?

On April 26, 2024, Custodia filed its notice of appeal. With oral arguments in Custodia’s Tenth Circuit appeal reportedly set for January 21, 2025, the outcome of this case could have far-reaching implications for the ability of crypto-focused banks to operate on a level playing field. ...

How has chokepoint eroded trust in the financial sector?

The fallout from Chokepoint 2.0 has eroded trust within the financial sector, particularly among smaller firms and crypto companies that feel unfairly targeted. Rebuilding this trust will require more than rhetoric; it demands tangible policy changes that ensure regulatory neutrality and consistency. ...