Silvergate Bank

SVB Crisis Spurs Greater Call for Bank Regulations, New Investigations
SVB Crisis Spurs Greater Call for Bank Regulations, New Investigations
March 15, 2023  |  Banking

New laws, and new investigations, often follow bank crises.  And after the collapse of two banks and one self-liquidation in just five days, calls are growing both for a...

READ MORE >
Binance Suspending Crypto Transfers for UK Customers
Binance Suspending Crypto Transfers for UK Customers
March 14, 2023  |  Cryptocurrency

Binance is halting cryptocurrency withdrawals and deposits for its British customers. The move comes one month after the company temporarily suspended dollar trading, and marks...

READ MORE >
House Financial Services Chair to Probe ‘Supervisory Failures’ at SVB
House Financial Services Chair to Probe ‘Supervisory Failures’ at SVB
March 14, 2023  |  Banking

A top House Republican says Americans should be confident in the country’s financial system in spite of recent banking failures. “The Fed is doing what...

READ MORE >
Report: Big Banks See Uptick in Deposits After SVB Collapse
Report: Big Banks See Uptick in Deposits After SVB Collapse
March 14, 2023  |  Banking

Silicon Valley Bank’s downfall has reportedly brought more business to America’s larger lenders. Following last week’s failure of Silicon Valley Bank (SVB) — bookended by...

READ MORE >
Startups and VCs Change Banking Practices After Recent Turmoil
Startups and VCs Change Banking Practices After Recent Turmoil
March 13, 2023  |  Banking

Startups and venture capital (VC) firms are changing how they bank after recent industry turmoil. Although tech industry players were relieved by Sunday’s announcement by...

READ MORE >
Spring Cleaning for Alternative Banks as Crypto-Friendly Signature Bank Closes 
Spring Cleaning for Alternative Banks as Crypto-Friendly Signature Bank Closes 
March 13, 2023  |  Digital-First Banking

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...

READ MORE >
As Silicon Valley Bank Folds, Can FinTech Outrun the Bank Runs?
As Silicon Valley Bank Folds, Can FinTech Outrun the Bank Runs?
March 10, 2023  |  Digital-First Banking

Silicon Valley Bank has collapsed. The regulators have circled the wagons. The damage is contained.  Maybe.   Maybe just for a day, because who knows what...

READ MORE >
Silvergate Eyes Pearly Gates as Crypto Bank Shuts Down and Liquidates  
Silvergate Eyes Pearly Gates as Crypto Bank Shuts Down and Liquidates  
March 08, 2023  |  Cryptocurrency

One crypto bank is no more — and one wonders what’s next for the crypto banking business model itself.  To that end, Silvergate Capital said...

READ MORE >
Crypto Banks Hit Reset While Shedding Risky Innovation Ambitions
Crypto Banks Hit Reset While Shedding Risky Innovation Ambitions
January 25, 2023  |  Cryptocurrency

Smaller banks that sought to serve once-hot sectors like cryptocurrency are now exiting those verticals. This, as long-time crypto industry partner Silvergate Bank reports steep...

READ MORE >