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Bitpay Ceases Prepaid Mastercard Program, Promises Enhanced Card Service in the Future
19.5.2023
Cryptocurrency proponents in the United States are facing increasing challenges when it comes to utilizing digital assets for expenditures. Several crypto companies have encountered difficulties in securing banking partners. This week, Bitpay, a prominent player in the crypto payments sector, made...
US regional bank shares sink despite Fed calling banking system 'sound'
4.5.2023
PacWest Bancorp was the hardest hit bank after-hours on Wednesday, falling over 50% following a reported plan to explore strategic options
Metropolitan Bank Heads for Crypto Exit
9.1.2023
New York-based Metropolitan Commercial Bank (MCB) is to end its cryptocurrency offering, citing recent developments in the crypto industry
Crypto Firm Deposits Jump 24% in Q1 at Metropolitan Commercial Bank
24.4.2020
Crypto-friendly Metropolitan Commercial Bank reported $25 million more in deposits from crypto customers in the first quarter of 2020
Crypto-Related Deposits Drop by Half at Metropolitan Commercial Bank
28.1.2020
Metropolitan Commercial Bank’s deposits from crypto firms have steadily declined, a sign of heightened competition in a field where the bank was once one of the only games in town
Metropolitan Bank Says It Shut Down Tether’s Account After 5 Months
10.7.2019
Metropolitan Commercial Bank maintained accounts for Tether and affiliated companies for less than half a year before shutting them down