Banking
FTX-linked Moonstone Bank is closing its clients’ cryptocurrency accounts
The little-known financial institution will continue to serve as a community bank.
Mike Dalton 2 min read
Banking News
Follow crypto banking news, de-risking, stablecoin rails, fintech partnerships, and how traditional finance is adapting to digital assets.
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Banking
Ex-India RBI chief says crypto price collapse will unlock ‘true value’ of crypto
Raghuram Rajan's views stand at odds with that of the current RBI governor, who is pushing for a blanket ban on crypto.
Stablecoins
National Australia Bank to launch AUD-backed stablecoin
The stablecoin, AUDN, will focus on reducing settlement time, bringing down cost of international transfers, and carbon credits.
Latest Banking News & Analysis
Regulation
Japan urges other countries to regulate crypto companies like banks
A top official says the U.S. and Europe should closely supervise crypto firms.
Exchanges
Binance launches off-exchange custodial settlement platform
Institutional users can "mirror" funds in custody to their exchange account.
Regulation
India’s central bank governor calls for ban on crypto, compares it to gambling
Shaktikanta Das reiterated his earlier criticisms of the cryptocurrency sector.
Bear Market
Silvergate received a $4.3B bailout after FTX collapse
In the wake of the FTX collapse, withdrawals from Silvergate spiked, and its deposits fell by $3.8 billion at the end of 2022.
Banking
France’s AMF president announces support for mandatory crypto licensing
Rules for crypto companies could take effect sooner rather than later.
Bear Market
Metropolitan Bank to abandon crypto asset related vertical
According to MCB, the industry's recent developments and changes in banks' regulatory environment were reasons for leaving the crypto asset vertical.
