Bank
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Crypto
Crypto-Friendly Silvergate Bank Pays $63M to Settle Charges With SEC, Fed, California Regulator
“In early March 2023, Silvergate made a responsible decision to liquidate voluntarily and without government assistance. As of November 2023,…
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Crypto
Crypto Friendly Customers Bank Said to Debank Some Digital Asset Hedge Funds
The West Reading, Pennsylvania-based company, which is owned by Customers Bancorp (CUBI), deals only in U.S. dollars and does not…
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Crypto
Crypto Exchange Coinbase (COIN) Raised to Neutral at Bank of America on Positive Market Dynamics
Bank of America said it was upgrading the stock for a number of reasons, including the positive macro backdrop that…
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Crypto
India’s Market Regulator SEBI Suggests Shared Crypto Oversight Even as Central Bank Seeks Stablecoin Ban: Reuters
The Securities and Exchange Board of India’s (SEBI) suggestion was made to a “government panel” tasked with formulating policy for…
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Crypto
Custodia Bank Appeals Court Loss in Fed Master Account Lawsuit
A federal judge ruled last month that the Kansas City Fed had the discretion to reject Custodia’s bid for a…
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Crypto
Singapore Central Bank Enacts Licencing Requirements for Crypto Custody Services and Others
The legislation was passed in 2021 with amendments to the Payment Services Act (PS Act), the framework to regulate payment…
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Crypto
Custodia Bank Loses Lawsuit Challenging Fed Rejection of Master Account Application
“Thus, unless Federal Reserve Banks possess discretion to deny or reject a master account application, state chartering laws would be…
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Crypto
Lithuania-Licensed Crypto Bank Meld to Offer Tokenized RWAs to Retail Investors
Meld, which is in partnership with the layer-1 blockchain of the same name, signed an initial agreement with DeFi platform…
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Crypto
The Biggest Bank Heist in History Is Coming
This mainstreaming of crypto by traditional financial institutions and regulators is exciting. But these banks are mostly tokenizing on permissioned…
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Crypto
Hong Kong’s Central Bank Starts Regulatory Sandbox for Stablecoin Issuers
“Applicants should have genuine interest in developing a stablecoin issuance business in Hong Kong with a reasonable business plan, and…
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