Banking

Federal Reserve examiners should have been more aggressive about Silvergate Bank, the Fed's inspector general concluded. (Jesse Hamilton/CoinDesk)
Fed Report: Silvergate Bank Got Fatally Ensnared in Crypto While Examiners Shrugged
The Federal Reserve's inspector general studied the bank’s collapse and concluded the Fed’s examiners failed to quickly flag its problems and managers were “ineffective.”
Federal Reserve examiners should have been more aggressive about Silvergate Bank, the Fed's inspector general concluded. (Jesse Hamilton/CoinDesk)

Citi bank and HSBC skyscrapers at night (Miquel Parera/Unsplash)
Crypto’s Path Forward Could Follow the Financial World's Departure From LIBOR
The financial services industry has a way of spawning innovation and growing from its crises.
Citi bank and HSBC skyscrapers at night (Miquel Parera/Unsplash)

Nigel Farage (Gage Skidmore/Wikimedia Commons)
A Bully Pulpit for Debanked Nigel Farage, Crypto for Everyone Else
The British Brexiteer could call on the media and his far-right friends in his debanking fight. But most of us aren't so lucky.
Nigel Farage (Gage Skidmore/Wikimedia Commons)

Founder/CEO of Binance Changpeng Zhao, closeup
Binance's Euro Banking Partner to Halt Support of the Crypto Exchange in September
The exchange recently announced retreats from the U.K., Netherlands and Cyprus.
Founder/CEO of Binance Changpeng Zhao, closeup

Firms are subject to the whims of the bank account providers and end up dedicating resources to opening bank accounts. (Unsplash)
Even Licensed Firms Say Opening Bank Accounts Is Hard in Hong Kong
Hong Kong has said it wants to be a crypto hub but its banks are rejecting account opening applications.
Firms are subject to the whims of the bank account providers and end up dedicating resources to opening bank accounts. (Unsplash)

(CoinDesk)
3 Giga-Brained Ideas From Consensus Day 2
Crypto shows that ideas can be valuable, even if they’re not useful … yet.
(CoinDesk)

Vienna, Austria (Shutterstock)
Bitpanda and Raiffeisen Unit Agree to Offer Crypto for Banking Customers
EU banks’ forays into crypto have been meek so far, but new laws are on the way.
Vienna, Austria (Shutterstock)

(Spencer Platt/Getty Images)
BNY Mellon CEO Says the Bank Is Going 'Incredibly Slow' on Crypto
Robin Vince said the lender won't be as aggressive as other banks have been in trying to gain crypto deposits.
(Spencer Platt/Getty Images)

Nellie Liang (Win McNamee/Getty Images)
Top U.S. Treasury Official Says Crypto Had No ‘Direct Role’ In Bank Failures
Treasury Under Secretary Nellie Liang told House lawmakers the crypto industry wasn’t a central factor in the wipeouts of Silicon Valley Bank and Signature Bank.
Nellie Liang (Win McNamee/Getty Images)

Pablo Hernandez de Cos (right) with the King of Spain (Samuel de Roman/Getty Images)
Crypto Banking Rules Could Be Modified if Market Reacts, Basel Committee Chair Says
Controversial rules unveiled last year would discourage banks from holding assets such as bitcoin that are deemed risky
Pablo Hernandez de Cos (right) with the King of Spain (Samuel de Roman/Getty Images)