Follow crypto banking news, de-risking, stablecoin rails, fintech partnerships, and how traditional finance is adapting to digital assets.
New York regulated banks will need to inform the Department of Financial Services about their intentions to offer crypto services at least 90 days before their commencement.
The takeover of Bankhaus von der Heydt will see the Bitcoin Group own two banking licenses from Germany, following its earlier acquisition of the Futurm digital bank.
Signature has been one of the most crypto-friendly banks on Wall Street but is reducing its exposure.
Silvergate CEO wrote that the financial institution conducted significant due diligence on FTX and Alameda Research before onboarding them as clients.
The current financial conditions are challenging for all financial markets, including Bitcoin, according to SilverGate CEO Alan Lane
After reiterating the need for crypto regulation in the EU, the ECB is back at it with allegations of price manipulation.
Crypto custodian, BitGo, has been selected by John Ray III, acting CEO at FTX to safeguard FTX's assets amid bankruptcy proceedings.
The crypto-focused bank says FTX's bankruptcy will have little effect on it. But the broader market downturn could bring Silvergate to its knees if its other large depositors continue struggling.
The retail e-rupee, which will be interoperable with existing payment methods, will be hosted by the National Payments Corporation of India.
