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Nalezeno "Crypto": 49164

Was Silvergate on Borrowed Time as Regulators Backed Banks Away From Crypto?

3.3.2023
Silvergate Bank is being hollowed out as its customers retreat following the disclosure that it has to reassess its financials and may not be a "going concern" within a year. The prominent California-based crypto bank's future gets increasingly murky

US Senators Probe Crypto Exchange Binance About ‘Potentially Illegal Business Practices’

3.3.2023
Three U.S. senators have asked crypto exchanges Binance and Binance US for documents and answers pertaining to “potentially illegal business practices.” The lawmakers told Binance CEO Changpeng Zhao (CZ): “Your actions have called into question the legitimacy of your business...

U.S. Lawmakers Argue SEC Accounting Policy Undermines Safe Crypto Custody

3.3.2023
Rep. Patrick McHenry, chairman of the House Financial Services Committee, and Sen. Cynthia Lummis teamed up on a letter questioning regulators about crypto accounting policy

What Now for Crypto Banking?

3.3.2023
Regulators are leery of traditional banks offering services to crypto companies, and wary of specialist crypto banks, like Custodia, with new business models. Frances Coppola asks: Where do we go from here?

Xapo Bank Integrates Lightning Network Payments Through Lightspark Partnership

2.3.2023
On March 2, Xapo Bank announced its partnership with Lightspark, a company led by David Marcus, former crypto boss at Facebook. The partnership aims to extend the utility of bitcoin and the Lightning Network. Xapo revealed on Thursday that it is the first fully licensed private bank to offer...

SEC chair implies crypto exchanges may be ‘qualified custodians’ as new rule is drafted

2.3.2023
Gary Gensler praises the SEC Investor Advisory Committee’s proposed rule on safeguarding advisory client assets, but thinks crypto firms may not be up to snuff

UK banks HSBC, Nationwide to ban crypto purchases with credit cards: Report

2.3.2023
The banks join a growing list of financial institutions in the country tightening restrictions on digital assets

US lawmaker behind crypto mining legislation urges Zuck not to offer metaverse to teenagers

2.3.2023
A letter from two U.S. senators cited reports of Instagram being behind many teenagers experiencing suicidal thoughts, and Meta's failure to stop harmful ads aimed at young adults

Will DeFi Emerge From Crypto Winter Stronger?

2.3.2023

Coinbase Severs Ties With Silvergate Bank Amidst JPMorgan Downgrade and Delayed SEC Filing

2.3.2023
On March 2, 2023, the cryptocurrency exchange Coinbase announced that, in light of recent developments, the company is “no longer accepting or initiating payments to or from Silvergate Bank.” The news follows the crypto bank’s delay of its annual 10-K filing with the U.S....

Former NBA Player Baron Davis Says Celebs Will Focus More on 'Utility' Tokens

2.3.2023
Following the SEC’s crackdown on celebrity-endorsed projects, the serial entrepreneur says celebrities jumping into crypto are more likely to focus on their core fan group with a project that provides real utility and reward opportunities

Best Crypto to Buy Today 2 March – FGHT, MKR, CCHG, CFX, TARO

2.3.2023
On Thursday, the crypto market has experienced a significant downturn following signals of distress from Silvergate Capital, a prominent banker in the digital asset industry. Bitcoin's price has slipped by 1.99% in the past 24 hours, and is currently at $23,269.... Read More: Best Crypto to...

Keep Crypto in America

2.3.2023
If the SEC is serious about U.S. investor protection, it should want crypto to stay in the U.S., says CoinDesk's Emily Parker

House Digital Assets Panel Chair Ready to Work With Ag Committee on Crypto Framework

2.3.2023
Representative French Hill (R-Ark.) is the chairman of the newly-formed Financial Services Subcommittee on Digital Assets

Crypto Wallet Giddy Lets Polygon Users Pay Gas Fees in USDC

2.3.2023
Wallet startup Giddy has a new "autogas" feature for easy onboarding into Polygon

Lido’s Liquid Staking Protocol Dominates with $9.3B in Locked Ethereum, Boosted by Tron Founder’s Deposits

2.3.2023
During the past 30 days, the total value locked (TVL) in Lido Finance’s liquid staking protocol increased by 10.57%, with 7.56% of the increase occurring within the last seven days. The protocol’s dominance in decentralized finance (defi) has also increased, with its TVL accounting...