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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
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....
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
Advisors: Learn Crypto, or Your Clients Will
2.3.2023
The disconnect between financial advisors and their clients around crypto has become increasingly apparent, given that 37% of advisors personally invested in crypto compared to 83% of their clients that have, according to one 2023 survey
US Treasury and White House to Hold Regular Meetings on CBDCs and Payment Innovations
2.3.2023
On March 1, 2023, Nellie Liang, undersecretary for domestic finance at the U.S. Treasury, delivered a speech to the Atlantic Council in Washington concerning the subject of central bank digital currencies (CBDCs). Liang detailed during her speech that a CBDC is one of several options...
How to set and achieve your financial goals
2.3.2023
Set achievable financial objectives and use effective strategies to track progress and achieve success
Russian Bank Issues Bank Guarantee in Chinese Yuan Using Blockchain
2.3.2023
A bank in Russia has issued the country’s first blockchain-based bank guarantee denominated in Chinese currency. The financial institution underscored the advantages of using a digital form of the document and pointed out that demand for yuan payments is growing. MKB Employs Bank of Russia’s...
Binance a 'Hotbed of Illegal Financial Activity,' Senators Claim: WSJ
2.3.2023
A bipartisan grouping of three Senators has pressed the crypto exchange on allegations it sought to limit compliance
Fed President Warns of ‘Disastrous Results’ if the Fed Loosens Policy Prematurely — Says ‘Inflation Remains Too High’
2.3.2023
Federal Reserve Bank of Atlanta’s president has warned of disastrous economic consequences similar to those seen during the financial crisis of the 1970s if the Fed loosens its policy prematurely. Noting that “inflation remains too high,” he stressed: “We don’t want...
SIlvergate stock plunges 31% after delayed filing raises doubts over future
2.3.2023
Crypto-friendly bank Silvergate has delayed its 10-K filing, which reveals the financial health of the company. The news has sent its stock price down 31%
Weekly Challenge: The Digital Asset Power Hour
1.3.2023
Financial professionals stand to benefit greatly from blocking off just one hour per week to learn about a digital asset, such as one of 500 included in CoinDesk's Digital Asset Classification Standard
UBS Strategists Predict Minimal Impact of Upcoming Mt Gox Payouts on Bitcoin Value
1.3.2023
A recent report published by market strategists from the investment bank and financial services company UBS says that the upcoming Mt Gox payouts won’t destabilize bitcoin’s value. While a new supply will come to the market, UBS strategists insist that “it would be less...
Legalizing Crypto Will Undermine Russian Financial System, Warns Central Bank
1.3.2023
Legalizing crypto could “fundamentally” undermine Russia’s financial system, the nation’s Central Bank has warned.
According to the media outlet Informer, Elizaveta Danilova, the bank’s Director of Financial Stability, said that allowing crypto into the Russian financial system would bring about...
Thomas Kralow, Financial Markets Expert, on BTC Price, Trading Tips, and Crypto Market Overview | Ep. 208
1.3.2023
In an exclusive interview with cryptonews.com, Thomas Kralow, a financial markets expert, talks about what is affecting the price of bitcoin, BTC price predictions, and the current market outlook.
Thomas Kralow is a financial markets expert, influencer, mentor and entrepreneur behind ‘University...
US lagging on CBDCs could spell ‘trouble’ — Crypto Council policy head
1.3.2023
Fanusie doesn’t believe the Chinese-led CBDC movement on the global stage will replace the U.S. dollar, but it may cause a series of geopolitical headaches
Coinbase Survey: 20% of US Adults Currently Own Crypto
1.3.2023
A national survey commissioned by Coinbase suggests that about 20% of U.S. adults currently own crypto. In addition, 29% of U.S. adults plan to buy or trade crypto in the next 12 months. “The vast majority of Americans want to see the financial system updated and they believe crypto can be...
France on the verge of passing stringent crypto firm licensing laws
1.3.2023
The bill was passed with a vote of 109 in favor and 71 against and will now rely on the approval of president Emmanuel Macron to be signed into law
Economist Peter Schiff Warns the Fed Could Be Fighting ‘Complete Economic Collapse’
1.3.2023
Economist Peter Schiff has predicted that the U.S. Federal Reserve will ultimately throw in the towel on its inflation fight to confront “something it fears even more, which is a complete economic collapse, another financial crisis, or a sovereign debt crisis.” He stressed, “The...
Marathon Digital bungles crypto impairment sums, will reissue financials
1.3.2023
The Bitcoin miner received a letter from the SEC on Feb. 22 which highlighted accounting mistakes it made on multiple financial disclosures
Report Claims Visa and Mastercard Plan to Pause New Partnerships, Visa’s Head of Crypto Insists ‘Story Is Inaccurate’
28.2.2023
According to a recent report from sources familiar with the matter, Mastercard and Visa, the credit card and payment services giants, are halting new partnerships with cryptocurrency firms. This news comes after the collapse of several cryptocurrency ventures that offered crypto debit cards...