Moonstone Bank news and trends

A Tiny Washington Bank’s Crypto Entanglements Add to FTX Mystery
Cryptocurrency // December 02, 2022

As has often been the story at FTX, nothing really adds up. Given the lack of clarity surrounding the events that led to the cryptocurrency exchange’s contagious collapse, it is likely no surprise that tabloid-style speculation around the company and its leadership is running rampant....

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Senators Ask Regulators About Bank-Crypto Firm Ties

December 08, 2022
Two senators are asking regulators about links between banks and cryptocurrency firms.  In letters sent Wednesday (Dec. 7) to the heads of the Federal Reserve System, the Federal Deposit Insurance Corp. (FDIC) and the Office of the Comptroller of the Currency, U.S. Sens. Elizabeth Warren and Tina Smith asked each agency how they assess the […]