Crypto Bank

Crypto banks are becoming a reality as regulators begin to work closer with blockchain firms.

What’s a crypto bank?

Crypto banks are banking institutions that engage in the standard range of money-related activities like deposits and withdrawals, savings, lending and borrowing, and investing in a wider range of instruments and markets.

US Crypto Clampdown Continues as Fed Guts Custodia Bank Application
US Crypto Clampdown Continues as Fed Guts Custodia Bank Application
March 27, 2023  |  Cryptocurrency

Crypto’s existential moment continues, as U.S. regulators can’t get past “fundamental concerns” with the sector.  This, as an order published last Friday (March 24), decisively unpacked the federal reserve’s...

READ MORE >
SVB and Signature Bank Passed KPMG Audits Days Before Collapses 
SVB and Signature Bank Passed KPMG Audits Days Before Collapses 
March 14, 2023  |  Digital-First Banking

When it comes to banking, compliance is king. That makes proper accounting and internal controls queen, at the very least. This, as the collapse of Silicon...

READ MORE >
Silvergate Eyes Pearly Gates as Crypto Bank Shuts Down and Liquidates  
Silvergate Eyes Pearly Gates as Crypto Bank Shuts Down and Liquidates  
March 08, 2023  |  Cryptocurrency

One crypto bank is no more — and one wonders what’s next for the crypto banking business model itself.  To that end, Silvergate Capital said...

READ MORE >
Bitcoin Daily: Walmart China Uses Blockchain For Food Sales; Would-Be Fed Member Moore To Create His Own Crypto Bank
Bitcoin Daily: Walmart China Uses Blockchain For Food Sales; Would-Be Fed Member Moore To Create...
June 26, 2019  |  Bitcoin

Bitcoin startup Lolli announced that it has struck a new partnership with Hotels.com, joining Lolli’s existing partners Booking.com, Priceline, Hilton and Marriott. “We are leveraging our...

READ MORE >
Bitcoin Daily: Coinbase Raises Buying Limit To $25K, West Virginia Launches Blockchain-Based Voting App
Bitcoin Daily: Coinbase Raises Buying Limit To $25K, West Virginia Launches Blockchain-Based Voting App
August 08, 2018  |  Bitcoin

A U.S. Drug Enforcement Administration official said that criminal activity no longer dominates cryptocurrency transactions, Bloomberg reported. The official noted that 90 percent of crypto...

READ MORE >