Search

Nalezeno "CRYPTO": 49195

Coinbase cutting ties with Silvergate forces crypto hedge fund to find a new bank

3.3.2023
A total of five crypto companies end their partnership with Silvergate bank on March 2 after a series of lawsuits and investigations against the fintech bank

Regulator Warnings Prompt HSBC and Nationwide Banks to Limit Crypto Transactions

3.3.2023
HSBC Holdings Plc and Nationwide Building Society imposed limits on retail customers' access to cryptoassets in another episode of UK banks reacting to the recent crypto industry legal and regulatory issues. HSBC said that, in February, it restricted customers from buying crypto with its credit...

Brazilian Regulator Says New Crypto Laws Coming – Here’s What to Expect

3.3.2023
The head of the Brazilian financial markets regulator says the body will roll out a “decree” in “the next few days” that will allow government-appointed bodies to better police the sector. Per the newspaper O Globo, João Pedro Nascimento, the President of the Securities and Exchange Commission...

Spanish Tax Agency Puts Crypto in Its Sights for the Upcoming Tax Season

3.3.2023
The Spanish tax agency has included crypto as part of its new guidelines for this year’s upcoming tax collection season. Apart from boosting the channels for voluntary tax applications, the agency will potentiate the investigation of cryptocurrency in digital payments, including potentially...

MicroStrategy Claims Minimal Exposure as Crypto.com, Coinbase, and Gemini Pause Transactions with Silvergate Bank – What's Going On?

3.3.2023
MicroStrategy has denied any meaningful exposure to Silvergate as crypto firms who banked with the crypto bank are rushing for the exits amid concerns about its financial condition. In a Thursday tweet, business intelligence firm MicroStrategy said their Bitcoin holdings, which consists of over...

Ripple survey: 97% of payment firms believe in the power of crypto

3.3.2023
The lack of regulatory clarity is the biggest hurdle to the adoption of crypto-enabled payments, according to a new survey co-hosted by Ripple

Investment Fund Focused on Crypto Mining to Be Created in Russia

3.3.2023
The establishment of Russia’s first mutual investment fund dedicated to financing cryptocurrency mining operations is underway. According to a report by the Russian press, it will be available to qualified investors and will finance the acquisition of coin minting equipment. Russian Crypto Mining...

TradingView is now integrated directly into Bitget Derivatives Exchange

3.3.2023
Leading crypto derivatives exchange Bitget now supports TradingView as part of a partnership that allows platform users to access all of the global trading platform’s instruments and communication channels. The integration is intended to streamline trading for Bitget’s users and allow them to delve...

U.S. lawmakers argue SEC accounting policy places crypto customers at risk

3.3.2023
While the bulletin was intended to provide clarity regarding the accounting treatment for digital assets, it has been criticized by both lawmakers and regulators

HSBC, Nationwide Impose New Restrictions on Cryptocurrency Purchases in UK

3.3.2023
HSBC and Nationwide have imposed new restrictions on cryptocurrency purchases in the U.K. The two financial institutions cited a warning from the Financial Conduct Authority (FCA), the British regulator overseeing the financial services industry, regarding the risks involved in purchasing...

MicroStrategy, Tether adds to firms distancing from Silvergate as stock dives 57%

3.3.2023
MicroStrategy confirmed that none of its 130,000 BTC is custodied by Silvergate. However, the firm does have a loan to pay off to the bank by Q1 2025

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...