Circle Scrambles to Right USDC After Signature Bank Failure
Circle Internet Financial is racing to find new banking partners for its USDC stablecoin.
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Mar 13, 2023 at 1:55 a.m. UTC
Mar 13, 2023
banking
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Silicon Valley Bank Depositors Will Have Access to 'All' Funds Monday, Say Federal Regulators
“Today we are taking decisive actions to protect the U.S. economy by strengthening public confidence in our banking system,” a joint statement read.
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Mar 12, 2023 at 10:29 p.m. UTC
Mar 12, 2023
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Crypto-Friendly Signature Bank Shut Down by State Regulators
Signature said it intended to limit its crypto exposure last year.
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Mar 12, 2023 at 10:25 p.m. UTC
Mar 12, 2023
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Bitcoin Rises on Report Government Weighing Plan to Protect All Silicon Valley Bank Depositors
The price of the largest cryptocurrency briefly rose back above $21,500 before giving back some gains.
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Mar 12, 2023 at 9:00 p.m. UTC
Mar 12, 2023
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U.S. Lawmakers Met With Fed, FDIC to Discuss Collapse of Silicon Valley Bank: Source
Rep. Maxine Waters convened meetings with federal bank regulators in the wake of the bank's collapse.
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Mar 11, 2023 at 6:17 a.m. UTC
Mar 11, 2023
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How Silvergate’s Crypto Collapse Differed From Silicon Valley Bank’s: No Bailout
A deep dive into regulatory filings shows how Silvergate Bank's collapse was, in a strange way, the ideal scenario for a failing institution. Sure, shareholders got wiped out,...
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Mar 10, 2023 at 10:08 p.m. UTC
Mar 10, 2023
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Why Financial Analysts Missed Silvergate’s Red Flags
There were numerous signs of the crypto bank’s problems, but none of the analysts following the company picked up on them. Angelo Calvello, of Rosetta Analytics, says that was...
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Mar 9, 2023 at 7:35 p.m. UTC
Mar 9, 2023
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JPMorgan Is Cutting Ties With Crypto Exchange Gemini: Source
Coinbase said its banking relationship with JPMorgan remains intact.
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Mar 8, 2023 at 6:21 p.m. UTC
Mar 8, 2023
Silvergate Talking With FDIC About How to Save Crypto-Focused Bank: Bloomberg
FDIC examiners met with Silvergate management at its headquarters in California last week.
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Mar 7, 2023 at 11:00 p.m. UTC
Mar 7, 2023
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Crypto Update | Crypto’s Banking Problem Is Not Ironic
With crypto markets trading more red than green, plus a look at the unintended consequences of Choke Point 2.0, CoinDesk’s “Markets Daily” is back with its latest news roundup...
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Mar 7, 2023 at 6:27 p.m. UTC
Mar 7, 2023