Silvergate Capital settled with the SEC for $50 million as Federal Reserve governors and California financial regulators demanded $63 million in fines on.
Silvergate said it has fully repaid all its deposit liabilities. The development is a follow-through on its plans to liquidate its business. The.
Binance.US, the popular Binance Exchange’s American branch, was experiencing significant operational challenges due to a lack of a banking partner. This latest setback.
After a March of bank failures, inflation, and other macroeconomic headwinds, investors turned to bitcoin and other crypto as safe havens. BTC rose.
When Asia begins its work day, most major digital assets are in the green. Bitcoin has increased by 5.3% in the previous 24.
The long-awaited quick payments system from the US Federal Reserve, which is seen as an alternative to central bank digital currencies and stablecoins,.
Three banks failed within a week. Three are crypto-related. Silvergate and Signature preferred crypto clients. SVB’s crisis is the biggest. It was the.
Crypto’s go-to bank Silvergate’s voluntary collapse and government efforts to seize Silicon Valley Bank shook the industry. Depositors will be compensated, but the.
The digital currency ecosystem is on a rampage today with the combined crypto market jumping 5.41% to $1.08 trillion. With this growth, Ethereum.
‘Surgical removal’ of Crypto Will Only Weaken USD Dominance, Commentators Say
The US crackdown on cryptocurrencies and corporations would only hinder crypto-related innovation and “weaken” the country, according to industry commentators following Coinbase’s latest.