Two cryptocurrency-sector banks have turned to the federal mortgage system to ease customer withdrawals. Silvergate Capital and Signature Bank have borrowed billions from Federal Home...
The United States is seizing assets that are linked to bankrupt crypto exchange FTX. The Wall Street Journal (WSJ) reported Wednesday (Jan. 4) that the...
This year’s crypto winter has begun to impact banks that deal with digital assets. That’s according to a recent report by S&P Global, which said...
Two senators are asking regulators about links between banks and cryptocurrency firms. In letters sent Wednesday (Dec. 7) to the heads of the Federal Reserve...
Signature Bank is reportedly reducing its cryptocurrency exposure after having courted the industry. The Financial Times reported Tuesday (Dec. 6) that while 23% of the...
FTX mingled customer and business funds to access regulated banks, according to a new report. When now-bankrupt FTX couldn’t access regulated banks because the banks...
Facebook is unloading its cryptocurrency unit, Diem Association, to Silvergate Capital for an estimated $200 million, The Wall Street Journal (WSJ) reported Thursday (Jan. 27), citing...