Cryptocurrency firms are seeking banking services outside the U.S. following the collapse of three major lenders. “The two biggest crypto friendly banks are gone,” crypto hedge fund executive Marco...
Crypto’s founding premise was to de-bank the world and remove third-party risk. Now, the digital asset industry is finding itself the one unbanked, as financial...
Four crypto-related firms said Thursday (March 2) that they are cutting ties with Silvergate Capital. The announcements made by Coinbase, Circle, Gemini and Paxos come a...
Silvergate’s existential crisis may give regulators the ammunition they need to keep crypto and mainstream banking separate. As reported here, Silvergate Capital said in a U.S. Securities...
It may be the equivalent of a digital fire sale. Non-fungible tokens (NFTs) have seen volatility similar to that in bitcoin and other digital holdings....
Taurus has raised $65 million in a Series B round to grow its digital asset platform. The provider of digital asset infrastructure for financial institutions in...
The names of the people who guaranteed bail for Sam Bankman-Fried will be made public. Eventually. A federal judge on Monday (Jan. 30) ruled that...
It’s times like these, bear markets, when industries transform themselves around new realities. This is as top payment industry leaders surveyed by PYMNTS say that they see the...
New York’s financial watchdog is cautioning firms to segregate customers’ cryptocurrency assets from their own. The New York State Department of Financial Services (NYDFS) issued that warning Monday (Jan....