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US midsize banks seek FDIC Insurance on all deposits for 2 years: Report
19.3.2023
The banking coalition reportedly argued that it would bring stability to the banking industry and reduce the chances of "more banking failures," in a letter to federal regulators
Coinbase Is Weighing Setting Up Non-U.S. Trading Platform: Bloomberg
17.3.2023
U.S.-based crypto exchange Coinbase is considering setting up a crypto-trading platform overseas and is discussing the move with institutional clients, Bloomberg reported, citing people familiar with the plans
U.S. DOJ Was Investigating Signature Bank's Work With Crypto Clients: Bloomberg
15.3.2023
Prosecutors were looking at the crypto-friendly bank before regulators seized it, people familiar told Bloomberg
Crypto Platform Anchorage Digital Laying Off 20% of Its Staff: Bloomberg
14.3.2023
The firm said that U.S. regulatory uncertainty played a role in its decision
Asset Management Giants Blackstone, Apollo Eyeing SVB Assets: Bloomberg
14.3.2023
SVB collapsed last week following a $42 billion bank run after it announced plans to sell $2.24 billion in new shares
Report: Silicon Valley Bank Under FDIC Auction as Calls for Bailout Grow
12.3.2023
The U.S. Federal Deposit Insurance Corporation (FDIC) began an auction process for Silicon Valley Bank (SVB) late Saturday night, according to reports. Final bids are due by Sunday afternoon. Unnamed sources indicate that the FDIC is seeking to close the deal promptly after California regulators...
Blockchain.com Shutters Asset Management Subsidiary Amid Crypto Winter and Industry Turmoil
11.3.2023
According to reports and a filing that shows its name struck off the U.K. companies’ register list, Blockchain.com is sunsetting its Blockchain.com Asset Management subsidiary. A company spokesperson cited deteriorating “macroeconomic conditions” and the “crypto winter”...
Blockchain.com to Suspend Operations of Asset Management Arm: Bloomberg
9.3.2023
Crypto financial services company Blockchain.com is suspending operations of its recently-launched asset management arm, citing the prolonged crypto winter as the reason for its decision, according to a Bloomberg report
Silvergate Talking With FDIC About How to Save Crypto-Focused Bank: Bloomberg
8.3.2023
FDIC examiners met with Silvergate management at its headquarters in California last week
Singapore Police Start Investigation Into Do Kwon's Terraform Labs: Bloomberg
6.3.2023
Singapore's police has confirmed Do Kwon is not in the city state
Kraken Pulling Back From Using Signature Bank: Bloomberg
1.3.2023
Non-corporate clients will no longer be able to make dollar deposits or withdrawals using the crypto-focused bank, according to a report
Goldman Sachs Says It’s Open to Adding Staff to Digital Assets Team: Bloomberg
28.2.2023
The investment bank’s private tokenization platform was used by Hong Kong to sell digital bonds last week
Commodity Strategist Mike McGlone Predicts a Recession as Top Catalyst for Gold’s Rise Above $2,000
24.2.2023
This week, Bloomberg Intelligence Senior Macro Strategist Mike McGlone shared his March outlook and noted that the “top catalyst” that could push gold above the $2,000-per-ounce range is a recession. McGlone further explained in an update about bitcoin and the Nasdaq that a...
Binance Shifts to ‘Semi-Automated’ Process to Manage Reserves of Tokens It Issues: Bloomberg
22.2.2023
Reserves for these tokens had previously been mixed with customer funds
BIS General Manager Casts Doubt on Stablecoins, Claiming Tokens Do Not Benefit From Regulations or Central Planning
22.2.2023
According to Agustin Carstens, the head of the Bank for International Settlements (BIS), cryptocurrencies have lost the “battle” against fiat currencies issued by the world’s central banks. While speaking at the Monetary Authority of Singapore on Wednesday, Carstens stressed that...
Nigeria's Central Bank in Talks With Blockchain Platform R3 for CBDC Revamp: Bloomberg
21.2.2023
The central bank wants full control of eNaira, and is in early talks with blockchain platform R3 to develop the technology, according to the report
Crypto in Hong Kong Getting Soft Backing From Beijing: Bloomberg
21.2.2023
Report says officials from China’s Liaison Office have been spotted at crypto events in the City
Former FTX Executive Nishad Singh Planning to Plead Guilty to Fraud: Bloomberg
17.2.2023
Singh, the former engineering director for the collapsed crypto exchange, was a member of Bankman-Fried’s inner circle
Binance Considers Severing US Ties in Face of Crypto Crackdown: Bloomberg
17.2.2023
The crypto exchange has been investigated by a host of U.S. regulators and government agencies
SEC Sues Terraform Labs, Do Kwon for Misleading Investors on TerraUSD Stablecoin: Bloomberg
16.2.2023
The collapse of TerraUSD last year led to wave of bankruptcies in the crypto industry