Crypto Assets

Four Crypto-Related Firms Cut Ties With Silvergate Capital
Four Crypto-Related Firms Cut Ties With Silvergate Capital
March 02, 2023  |  Cryptocurrency

Four crypto-related firms said Thursday (March 2) that they are cutting ties with Silvergate Capital. The announcements made by Coinbase, Circle, Gemini and Paxos come a...

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Silvergate’s Crisis Gives Regulators Ammunition to Keep Crypto from Mainstream Banking 
Silvergate’s Crisis Gives Regulators Ammunition to Keep Crypto from Mainstream Banking 
March 02, 2023  |  Cryptocurrency

Silvergate’s existential crisis may give regulators the ammunition they need to keep crypto and mainstream banking separate. As reported here, Silvergate Capital said in a U.S. Securities...

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Three Arrows Liquidation and Regulatory Scrutiny May Test NFT Popularity
Three Arrows Liquidation and Regulatory Scrutiny May Test NFT Popularity
February 28, 2023  |  Cryptocurrency

It may be the equivalent of a digital fire sale. Non-fungible tokens (NFTs) have seen volatility similar to that in bitcoin and other digital holdings....

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Switzerland’s Taurus Raises $65M to Grow Digital Asset Platform
Switzerland’s Taurus Raises $65M to Grow Digital Asset Platform
February 14, 2023  |  Payment Methods

Taurus has raised $65 million in a Series B round to grow its digital asset platform. The provider of digital asset infrastructure for financial institutions in...

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FTX Judge Agrees to ID Bankman-Fried’s Bail Guarantors
FTX Judge Agrees to ID Bankman-Fried’s Bail Guarantors
January 31, 2023  |  Cryptocurrency

The names of the people who guaranteed bail for Sam Bankman-Fried will be made public. Eventually. A federal judge on Monday (Jan. 30) ruled that...

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Payments Leaders Say Crypto is Ripe for Integration, Rebuilding
Payments Leaders Say Crypto is Ripe for Integration, Rebuilding
January 27, 2023  |  Cryptocurrency

It’s times like these, bear markets, when industries transform themselves around new realities. This is as top payment industry leaders surveyed by PYMNTS say that they see the...

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NY Regulator Warns Firms to Keep Customer Crypto Assets Separated
NY Regulator Warns Firms to Keep Customer Crypto Assets Separated
January 23, 2023  |  Regulation

New York’s financial watchdog is cautioning firms to segregate customers’ cryptocurrency assets from their own. The New York State Department of Financial Services (NYDFS) issued that warning Monday (Jan....

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SEC and Texas Object to Binance.US Acquisition of Voyager Assets
SEC and Texas Object to Binance.US Acquisition of Voyager Assets
January 04, 2023  |  Cryptocurrency

Binance.US is facing regulatory hurdles amid its bid to acquire Voyager Digital’s assets. The U.S. Securities and Exchange Commission (SEC) has filed a limited objection...

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Agencies: Banks Must Manage Risk Around Crypto-Assets
Agencies: Banks Must Manage Risk Around Crypto-Assets
January 03, 2023  |  Cryptocurrency

Three U.S. agencies said that banks must be wary of the risks of crypto-assets. In a joint statement released Tuesday (Jan. 3), the organizations —...

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