Silvergate Bank

As Silvergate, Signature and Silicon Valley banks imploded, crypto customers grabbed assets and ran, but those hoping to land at major U.S. banks have been mostly disappointed...

By Jesse Hamilton

Mar 20, 2023 at 2:49 p.m. UTC

Mar 20, 2023

RegulationsBankingFederal ReserveFDICSilicon Valley BankSignature BankSilvergate Bank

Consensus Magazine

Opinion

U.S. Banking Cutoff Presents Opportunities for Crypto in Europe

Policymakers seem to be doing their best to suffocate dollar on-ramps into crypto, leaving the door open for other mature markets to gain a competitive edge, Kaiko research an...

By Conor Ryder

Mar 19, 2023 at 10:30 a.m. UTC

Mar 19, 2023

OpinionSilvergate BankSignature Bankbanking systemConsensus magazine

Consensus Magazine

Opinion

This Crisis Will Define the Future of Money

The recent collapse of three high-profile banks - Silicon Valley Bank, Silvergate Bank and Signature Bank - has caused worrying outflows at hundreds of regional banks. Now, wi...

By Michael J. Casey

Mar 17, 2023 at 6:11 p.m. UTC

Mar 17, 2023

(Tuomas A. Lehtinen/Getty Images, modified by CoinDesk)

Consensus Magazine

Opinion

Bitcoin Is a Clear Winner of the U.S. Banking Crisis

The narratives around bank failures, stablecoins and interest rate hikes seem strong enough to propel the price of bitcoin, says CoinDesk's George Kaloudis.

By George Kaloudis

Mar 17, 2023 at 3:26 p.m. UTC

Mar 17, 2023

OpinionBitcoinSilicon Valley BankSignature BankSilvergate BankJerome PowellFedCredit SuisseBinanceCoinbase

Policy

Fdic

Former FDIC Regulator: Friendliness Toward Crypto 'Does Not Exist'

Efforts to keep crypto companies from the U.S. banking system may have been taking place even before the recent bank collapses, Jason Brett told CoinDesk TV's "First Mover."

By Fran Velasquez

Mar 16, 2023 at 7:12 p.m. UTC

Mar 16, 2023

FDICCoinDesk TVJason brettSilvergate BankSignature BankSilicon Valley BankKey bridge advisors

Markets

Crypto

U.S. Banking Crisis Could Strengthen Crypto Long Term, Experts Say

Some digital-asset firms may move to countries that are more receptive to new financial technology, one observer said.

By Shaurya Malwa

Mar 16, 2023 at 11:30 a.m. UTC

Mar 16, 2023

CryptobanksSilicon Valley BankSignature BankSilvergate Bank

Policy

Silvergate

Silvergate Wasn't Cut Off From Loans, Lender Says

Silvergate Bank said previously it had to accelerate the sale of securities to be able to repay advances from the Federal Home Bank of San Francisco.

By Helene Braun

Mar 15, 2023 at 4:57 p.m. UTC

Mar 15, 2023

SilvergateSilvergate BankMarketsBanking

Federal Reserve Chair Jerome Powell (Anna Moneymaker/Getty Images)

Consensus Magazine

Opinion

Don’t Get Your Hopes Up: SVB's Demise Won't Bring Interest Rates Down

The Federal Reserve’s new Bank Term Funding Program is a backstop for banks, and a license to let interest rates rip.

By David Z. Morris

Mar 15, 2023 at 4:33 p.m. UTC

Mar 15, 2023

OpinionSilicon Valley BankSilvergate BankFederal Reserve

What Silicon Valley Bank, Silvergate Concerns Mean for Crypto Industry

Video

Bitfury

What Silicon Valley Bank, Silvergate Concerns Mean for Crypto Industry

Signature Bank, which has a number of crypto clients, was shut down Sunday by state regulators. This marks the third bank collapse in under a week, following Silvergate Bank's...

By CoinDesk Inc

Mar 15, 2023 at 4:30 p.m. UTC

Mar 15, 2023

BitFurycdtvFM ClipBrian BrooksSilvergate BankSignature BankSocial_Clip

Brian Brooks Reacts to Silicon Valley Bank, Silvergate Implosions

Video

Bitfury

Brian Brooks Reacts to Silicon Valley Bank, Silvergate Implosions

The collapse of Silvergate, Signature, and Silicon Valley Bank has prompted crypto advocates to question whether regulators in the country are using a banking crisis to unfair...

By CoinDesk Staff

Mar 15, 2023 at 4:29 p.m. UTC

Mar 15, 2023

BitFurycdtvFM ClipBrian Brookscrypto regulationSilvergate BankSignature BankStateCrypto_SponsorSilicon Valley Bank