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The Rise and Fall of Silvergate’s Crypto Business
3.3.2023
Silvergate Bank lost more than $8 billion in deposits from its crypto customers in the final months of 2022 as its core block of business crumbled under the industry’s implosion – just as the bank’s regulators had predicted might happen for such institutions
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...
Panamanian Regulator May ‘Swing the Ax’ after Bitcoin-friendly Bank Bans Use of Crypto Mixers
12.8.2022
Panama’s “bitcoin (BTC) and crypto-friendly” bank Towerbank says it will bar its customers from making use of crypto mixers – in the wake of the United States Office of Foreign Assets Control (OFAC)’s move to sanction Tornado Cash earlier this month....
Read More: Panamanian Regulator May ‘Swing...
Sotheby's Cancels CryptoPunks Auction, Canada Ends Use of Emergencies Act + More News
24.2.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Sotheby's Cancels CryptoPunks Auction, Canada Ends Use of Emergencies Act + More News
Binance Joins Russian Banking Union, Will Head New Crypto Department
18.2.2022
The crypto exchange giant Binance has joined the Association of Russian Banks (ARB), where its Russia and CIS (Commonwealth of Independent States) lead will head a new crypto department....
Read More: Binance Joins Russian Banking Union, Will Head New Crypto Department
Federal Reserve Governor Argues Against Subjecting Stablecoins to Full Banking Regulation
18.11.2021
Federal Reserve Board Governor Christopher Waller says that stablecoins do not need to be regulated with all the same rules as banks. He disagrees with some of the recommendations on stablecoin regulation by the President’s Working Group on Financial Markets. He explained that while banks...
OCC Halts Fair Access Banking Rule
28.1.2021
The rule would have prohibited US banks from denying services based on ideological factors
FinCEN Encourages Banks to Share Customer Information With Each Other
11.12.2020
The guidance is apt to chafe privacy advocates, inside and outside the crypto space, who are already uneasy about the honeypot that FinCEN’s suspicious activity report database has become
Custodian Anchorage Seeks Charter From Crypto-Friendly US Bank Regulator OCC
17.11.2020
If its application is approved, Anchorage would be the first crypto company to get a national bank charter
Coinbase’s Ex-Lead Lawyer Sold $4.6M in Stock to Lead US Banking Watchdog
10.6.2020
Brian Brooks left Coinbase to lead the U.S. Office of the Comptroller of the Currency last month
Irish Crypto Firms Squeezed by Bank Account Closures, Regulatory Delays
6.5.2020
A delay in transposing the EU's 5AMLD into local law has given crypto companies no recourse after Irish banks closed their accounts
Crypto Banking Regulation Around the World, First Signs of Growth
4.9.2019
As crypto banking becomes ever more popular, regulations surrounding these emergent institutions remain unclear. So, how exactly are the crypto banks of the world regulated?
Marijuana-focused Stablecoin Issuer Added to Arizona Fintech Sandbox
31.7.2019
Arizona's fintech program has added a controversial startup using stablecoins to evade federal regulations
Bitcoin’s Price is Nearing All-Time Highs, But Market Confidence Isn’t
26.4.2017
While the price of bitcoin is within striking distance of all-time highs set in March, worries about the state of the network’s infrastructure are combining to depress sentiment. Chief among concerns are the ongoing issues at British Virgin Islands-based digital currency exchange Bitfinex,...