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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
Ex-Biden Adviser Said Administration Was Pushing for Digital Dollar
1.3.2023
A recent top economic advisor for President Joe Biden, Daleep Singh, told U.S. senators on Tuesday that the administration was in active pursuit of a digital dollar as a means to crowd out private cryptocurrencies that enable ransomware and sanctions violations
Crypto Neobank Wallbit Leaves Venezuela Due to Sanctions
28.2.2023
Wallbit, a crypto-enabled neobank, announced it would stop serving users in Venezuela after its banking partner in the U.S. called on it to do so. The platform announced this move was the direct result of the economic sanctions that the country is currently facing, and that Venezuelans outside...
UK banking regulator to propose crypto issuing, holding rules after Basel 3 finalized
27.2.2023
The Bank of England Prudential Regulatory Authority will facilitate international economic growth under the Financial Services and Markets bill now in Parliament
UK Banking Regulator to Propose Rules on Issuing, Holding Crypto
27.2.2023
The U.K. also recently started a consultation on regulating the sector and a potential central bank digital currency
US agencies recommend old risk management principles for crypto liquidity
25.2.2023
The joint statement highlighted the key liquidity risks associated with crypto-assets and related participants for banking organizations
US Regulators and Federal Reserve Issue Joint Warning About Crypto Liquidity Risks
25.2.2023
U.S. regulators and the Federal Reserve have issued a joint warning about key liquidity risks associated with crypto assets. However, the regulators clarified that banks “are neither prohibited nor discouraged from providing banking services to customers of any specific class or type,...
Today in Crypto: US Fed Denies Custodia Bank’s Membership Request, Dapper Labs Lays Off 20% of Staff, Block Reports $1.66BN Profit for Q4, Binance Finds 500 ‘Incorrectly Classed’ Aussie Users
24.2.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today's crypto news.__________...
Read More: Today in Crypto: US Fed Denies Custodia Bank’s Membership Request, Dapper Labs Lays Off 20% of Staff, Block Reports $1.66BN...
US Federal Reserve denies Custodia Bank's request for Fed supervision
24.2.2023
The Federal Reserve Board has denied the request from crypto-focused Custodia Bank to reconsider its membership to the Federal Reserve System
Crypto Bank Custodia's Bid for Fed Supervision Rejected Again
23.2.2023
The Federal Reserve Board announced Thursday it had again rejected crypto bank Custodia's bid for Fed supervision
US Banking Regulators Warn Banks About Crypto Liquidity Risks
23.2.2023
The Federal Reserve and other U.S. banking agencies are warning banks that crypto poses significant liquidity dangers, according to a joint statement issued Thursday, further reinforcing their campaign to generally steer lenders away from digital assets
Today in Crypto: Coinbase's New Blockchain Testnet, Spotify's Token-Enabled Playlists, 3AC's NFT Sale, Metaco's Partnership with DZ BANK AG
23.2.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Coinbase's New Blockchain Testnet, Spotify's Token-Enabled Playlists, 3AC's NFT Sale, Metaco's Partnership...
US Congressman Proposes Bill to Block Federal Reserve from Creating American CBDC – What's Going On?
23.2.2023
US Republican House Majority Whip Tom Emmer has introduced a bill on Wednesday to prevent the Federal Reserve from issuing a central bank digital currency (CBDC) or using it to control monetary policy.
"Today, I introduced the CBDC Anti-Surveillance State Act to halt efforts of unelected...
DZ, Germany's Second-Largest Bank, Taps Metaco for Digital Asset Custody
23.2.2023
This is the fourth such partnership Metaco has made with major financial institutions in eight months
Caitlin Long Sees 'Coordinated Effort' Among Regulators for Custodia Rejection
21.2.2023
Custodia Bank’s CEO says crypto will find its way into the traditional banking system and regulators could be playing ‘whack-a-mole’ years down the road
Custodia Bank Renews Push for Fed 'Master Account' After Rejection
17.2.2023
Custodia Bank filed an amended complaint against the Federal Reserve Friday, weeks after the Fed rejected its effort to secure a "master account" and become a member of the Federal Reserve System
CZ denies report Binance is considering major breakup with US business partners
17.2.2023
The Binance CEO contradicted a Bloomberg source concerning reducing the company’s activities after increasing pressure from U.S. regulators
US Senator Calls for Comprehensive Crypto Regulation to Protect Consumers
16.2.2023
The chairman of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, Sherrod Brown, has called for a comprehensive regulatory framework for cryptocurrencies. “Recent crypto meltdowns have made clear that we need a comprehensive framework to regulate crypto products to protect...
Swiss Crypto Company Taurus Raises $65 Million From Credit Suisse, Other Banks
16.2.2023
Digital asset infrastructure provider Taurus has secured millions of U.S. dollars in investment from major banking institutions. The successful funding round comes in the aftermath of negative developments in the crypto space, indicating that large players from traditional finance remain engaged...
Binance banking problems highlight a divide between crypto firms and banks
16.2.2023
With exchanges losing banking partners, experts are beginnig to warn of a widening relationship between crypto firms and traditional banks