{"id":18962,"date":"2023-01-31T00:31:54","date_gmt":"2023-01-31T08:31:54","guid":{"rendered":"https:\/\/coinnetworknews.com\/crypto-services-company-prime-trust-lays-off-one-third-of-staff\/"},"modified":"2023-01-31T00:31:54","modified_gmt":"2023-01-31T08:31:54","slug":"crypto-services-company-prime-trust-lays-off-one-third-of-staff","status":"publish","type":"post","link":"https:\/\/coinnetworknews.com\/crypto-services-company-prime-trust-lays-off-one-third-of-staff\/","title":{"rendered":"Crypto Services Company Prime Trust Lays Off One-Third of Staff"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/www.coindesk.com\/resizer\/9LAi5s2Jfb0euVDrM4eZ1VRdRaM=\/800x600\/cloudfront-us-east-1.images.arcpublishing.com\/coindesk\/QINR5XCPEBFLDGF5WNJHVVCDEI.jpg\" \/><\/p>\n<div>\n<p>Last week, Prime Trust said it would be suspending business operations in Texas by Jan. 31 after withdrawing its applications to receive a money transmitter license (MTL) in the state. The company declined to comment at the time on why the application was withdrawn, but public records show Prime Trust was fined nearly $30,000 by Texas regulators in 2022 for conducting money transmission activities in the state without a license.<\/p>\n<\/div>\n<p><a href=\"https:\/\/www.coindesk.com\/business\/2023\/01\/30\/crypto-services-company-prime-trust-lays-off-one-third-of-staff\/?utm_medium=referral&#038;utm_source=rss&#038;utm_campaign=headlines\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last week, Prime Trust said it would be suspending business operations in Texas by Jan. 31 after withdrawing its applications to receive a money transmitter license (MTL) in the state. The company declined to comment at the time on why the application was withdrawn, but public records show Prime Trust was fined nearly $30,000 by [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":18963,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[55],"tags":[193,13,1260,1261,706,1259,563,707],"_links":{"self":[{"href":"https:\/\/coinnetworknews.com\/wp-json\/wp\/v2\/posts\/18962"}],"collection":[{"href":"https:\/\/coinnetworknews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinnetworknews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinnetworknews.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinnetworknews.com\/wp-json\/wp\/v2\/comments?post=18962"}],"version-history":[{"count":0,"href":"https:\/\/coinnetworknews.com\/wp-json\/wp\/v2\/posts\/18962\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinnetworknews.com\/wp-json\/wp\/v2\/media\/18963"}],"wp:attachment":[{"href":"https:\/\/coinnetworknews.com\/wp-json\/wp\/v2\/media?parent=18962"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinnetworknews.com\/wp-json\/wp\/v2\/categories?post=18962"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinnetworknews.com\/wp-json\/wp\/v2\/tags?post=18962"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}