Silvergate Loses Top Executives Amid Liquidation and Legal Battles
Silvergate, once renowned for its cryptocurrency-friendly stance, is undergoing a tumultuous period, marked by the departure of its top executives. CEO Alan Lane, along with key
banks (Latest Publications)
BIS Study Reveals Over 90% of Central Banks Actively Exploring CBDCs. Dangers Looming?
In a recent survey conducted by the Bank for International Settlements (BIS), a Switzerland-based organization representing 63 central banks and 95% of the global economy, it
HSBC Expands its Crypto Offerings in Hong Kong
The biggest bank in Hong Kong, HSBC, is said to have launched its first cryptocurrency services.
American Investment Bank TD Cowen Shuts Down Crypto Unit Amid Market Volatility
TD Cowen, one of the largest banks in North America has decided to close down its cryptocurrency unit, “Cowen Digital”, just over a year after its
US Senator Lummins Lambasts Signature Bank Exec For Blaming Collapse On Crypto
United States Senator Cynthia Lummis slammed Scott Shay, the former chairman of the now-defunct Signature Bank, for trying to place the blame for the bank’s collapse on
The Shares of US Regional Banks Plunge. What will happen to Bitcoin (BTC)?
The shares of a number of US banks witnessed a sharp decline just hours after the chair of the FED dubbed the banking sector as being
Crypto Stands Firm Amidst PacWest Bank Failure and Fed Rate Hike
The recent interest rate hike by the Federal Reserve and the fall of PacWest Bank have failed to startle the global cryptocurrency market. The new interest rate
First Republic Bank Joins Failed List, JPMorgan Steps In
The recent collapse of First Republic Bank has sent shockwaves throughout the financial industry, including the world of the cryptocurrencies, with the California-based bank becoming the
Signature Bank Failure Was Not Caused by Crypto, NY Regulator Says
New York State’s financial regulator has denied allegations that cryptocurrency depositors were responsible for the collapse of Signature Bank. The New York State Department of Financial
Crypto Companies Are Struggling To Find Banking Partners
Following the collapse of three crypto-friendly banks in the United States, last month, cryptocurrency outfits have been struggling to find banking partners triggering a state of
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