2023-3-17 19:54 |
The federal deposit insurance corporation (FDIC) has demanded that the prospective buyer of New York-based Signature Bank relinquish all cryptocurrency operations.
Similar to Notcoin - TapSwap on Solana Airdrops In 2024
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Ripple’s Brad Garlinghouse has revealed that the project had some exposure to the embattled Silicon Valley Bank (SVB), but the company expects no disruption to its daily operations. Ripple, the issuer of the XRP, has hinted that it held some…
2023-3-14 15:37 | |
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The closure of Silicon Valley Bank and Signature Bank won’t affect Circle’s USDC operations. The post Circle says USDC operations unaffected by SVB, Signature closures appeared first on CryptoSlate.
2023-3-13 13:45 | |
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Ripple revealed exposure to Silicon Valley Bank but did not disclose the amount of cash held by the bank Ripple CEO claims that the company's operations remain unaffected by the recent developmThe post Ripple discloses exposure to SVB; not caused business operations disruption appeared first on AMBCrypto.
2023-3-13 00:46 | |
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2023-3-13 18:21 | |
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Silvergate Bank is winding down operations, but it assured that all customer deposits would be fully repaid. Traditional Banking Risks Another pillar of the crypto industry has succumbed. Silvergate Capital...
2023-3-9 19:42 | |
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In another shocking twist that has dealt a severe blow to the price of bitcoin, crypto-friendly bank Silvergate announced that it would be winding down operations as the contagion from the FTX collapse spreads.
2023-3-10 16:30 | |
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Silvergate shares fell sharply after news the crypto-friendly bank would be winding down operations. The company says it will issue full repayments of all customer deposits. Silvergate has been in trouble since late 2022 following the collapse of crypto exchange FTX.
2023-3-9 16:26 | |
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Amid the crisis surrounding Silvergate, the parent company of Silvergate Bank, Silvergate Capital Corporation, has revealed plans to shut down operations and “voluntarily liquidate” the bank.
2023-3-9 13:42 | |
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Once a major banking partner for various cryptocurrency firms, Silvergate will end its operations in line with regulatory requirements.
2023-3-9 03:30 | |
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Silvergate Capital Corp says it has decided to wind down operations. The crypto company will liquidate the Silvergate Bank as well. Silvergate stock is now down close to 75% versus the start of 2023.
2023-3-9 03:10 | |
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Silvergate Capital Corporation, the holding company for crypto-friendly Silvergate Bank, announced on Wednesday its decision to cease operations and voluntarily liquidate its bank. Shares of Silvergate (SI) have taken a significant hit, trading down over 35% on the Nasdaq in the last seven days, in light of the recent regulatory approach by authorities to the industry.
2023-3-9 02:03 | |
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The biggest news in the cryptoverse for March 8 saw Silvergate Capital announce that its crypto bank will halt operations following earlier reports that it would attempt a recovery with the FDIC. The post CryptoSlate Wrapped Daily: Silvergate to shut down; 3AC founders advance OPNX plans appeared first on CryptoSlate.
2023-3-9 01:59 | |
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Silvergate Bank decides to liquidate its assets and close shop The bank claims it will make full repayment on deposits The cryptocurrency market sees another player close business. SilvergatThe post Crypto-focused Silvergate Bank to shut down operations appeared first on AMBCrypto.
2023-3-9 01:37 | |
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Silvergate Bank will wind down operations and undergo liquidation, according to a March 8 press release from its holdings company, Silvergate Capital. The post Silvergate Bank will halt operations and undergo liquidiation appeared first on CryptoSlate.
2023-3-9 00:49 | |
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Crypto bank Silvergate may halt operations after it issued a warning last week stating it could be short of capital.
2023-3-7 19:19 | |
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Crypto-friendly Signature Bank has been drawn into a class-action lawsuit over its role in the operations of the defunct crypto exchange FTX, according to a February 6 court filing. The post Class-action lawsuit alleges Signature bank ‘permitted’ FTX comingling customer funds appeared first on CryptoSlate.
2023-2-7 16:22 | |
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A crypto-friendly bank, BankProv, has recently announced that it will no longer offer loans backed by crypto mining rigs. Previously, the bank offered such loans as a way for clients to fund their mining operations.
2023-2-2 11:22 | |
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Blockchain infrastructure firm Blockstream and its founder Adam Back, have raised $125 million to increase its Bitcoin (BTC) mining capacity. Related Reading: Saudi Central Bank To Experiment With CBDC The firm raised the capital in a convertible note, a form of short-term debt led by Kingsway Capital.
2023-1-26 21:15 | |
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Crypto bank Juno asked its customers to either sell or self-custody their crypto assets in the light of its migration of assets to a new custodian. Juno’s decision came as Juno's current custThe post Crypto Bank Juno shuts operations: Customers to sell or self-custody assets appeared first on AMBCrypto.
2023-1-5 13:30 | |
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The Central Bank of the Republic of Turkey indicated that it would release the digital lira by 2023. The CBDC would be connected to several government and centralized operations. The first eThe post Turkey's Central Bank has more in store for CBDCs in 2023 appeared first on AMBCrypto.
2022-12-30 12:00 | |
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The issuance became the second major operations of the bank with the new class of assets.
2022-12-28 15:43 | |
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Coinspeaker South Korean Mobile Financial Services Platform Toss Concludes $405M Series G Funding, Looks to Expand Operations With the conclusion of its latest funding, Toss plans to grow further its suite of services, including Toss Bank and Toss Securities.
2022-12-20 15:58 | |
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The largest CBDC pilot in the world is going to expand on citizen payments and cross-border operations with Hong Kong.
2022-10-13 10:19 | |
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The Chinese government has never supported crypto activities since the emergence of the industry. The People’s Bank of China took further actions against the digital industry and banned all local digital assets operations.
2022-9-29 19:20 | |
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The central bank stated virtual asset service providers pose a great risk but will allow existing businesses to continue operations or expand.
2022-8-11 17:53 | |
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The firm doubled its credit from the bank, while the miner's operations are facing severe downtime and delays.
2022-8-2 05:37 | |
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Crypto exchange Binance has reportedly been fined €3.3 million (£2.8 million) for operating in… The post Binance fined €3.3M by Dutch Central Bank over unlicensed operations appeared first on CoinJournal.
2022-7-19 00:58 | |
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Binance has been fined €3.3 million by De Nederlandsche Bank (DNB) for offering unlicensed crypto services to the country residents. The post Binance fined €3.3 million in Netherlands for unlicensed operations appeared first on CryptoSlate.
2022-7-19 21:30 | |
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The Dutch central bank said that the Binance crypto exchange had a “very large number of customers in the Netherlands."
2022-7-19 13:14 | |
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Argentina's central bank has said that regulated financial entities should not facilitate operations in unregulated digital assets. The post Argentina: Central Bank Announces About-Turn on Digital Assets appeared first on BeInCrypto.
2022-5-7 17:30 | |
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Ripple expands operations into Middle East with RippleNet
2022-3-23 14:52 | |
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The Central Bank of Russia (CBR) has proposed that the nation’s commercial banks tighten monitoring on crypto and regulator operations. The objective is to stop transactions that attempt to evade its “special economic measures to counter the outflow of foreign currency abroad,”.
2022-3-19 18:47 | |
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2022-3-2 16:22 | |
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Everyday volume of operations with digital yuan reached $315,000 in recent days at the Olympics, revealed the People's Bank of China.
2022-2-18 15:11 | |
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Moscow could soon crackdown on cryptocurrency operations in the country, as Russia’s central bank released a damning 36-page proposal earlier this Thursday. The post Russia’s central bank releases a damning report, proposing a blanket ban on crypto appeared first on CryptoSlate.
2022-1-21 17:00 | |
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The Bank of Russia published a stunning report on cryptocurrencies calling for a ban on all operations with cryptocurrencies, as well as bitcoin mining in Russia. Later, the regulator clarified that Russians are not prohibited from buying bitcoins through foreign-based trading platforms.
2022-1-23 02:11 | |
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METACO, a provider of security software and infrastructure to the crypto-asset ecosystem, has announced that Union Bank of the Philippines will deploy its digital asset management solution. Moreover, UnionBank is deploying services on IBM Cloud, in order to leverage the confidential computing capabilities of IBM’s digital asset infrastructure which are fully integrated with METACO’s software.
2022-1-21 22:20 | |
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Union Bank of the Philippines has partnered with Metaco and IBM for its digital assets custody operations. The partnership will enable UnionBank to leverage Metaco’s digital asset orchestration system, METACO Harmonize, and IBM Cloud to offer its customers secure digital asset custodial services, according to reports on January 20, 2022. Union Bank Unveils Crypto CustodyRead More
2022-1-20 22:00 | |
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One of the clients of Tinkoff Bank, third largest Russian bank. shared a screenshot of the message received from the support service. In the letter, the bank asks for confirmation of the legal origin of the money spent.
2021-12-28 15:01 | |
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According to the Reserve Bank of Australia (RBA) head of payments policy Tony Richards, cryptocurrencies are not posing a threat to the central bank operations. The post Australian official who owns Ethereum says it is no threat to the country’s financial system appeared first on CryptoSlate.
2021-11-19 11:00 | |
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Bhutan’s Royal Monetary Authority (RMA) joins forces with Ripple to test Central Bank Digital Currency (CBDC) operations. According to Nikkei, Ripple is working with Bhutan’s central bank to experiment with a Central Bank Digital Currency via Ripple’s CBDC Private ledger.
2021-9-24 15:00 | |
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Barclays clients in the UK can no longer transfer funds to Binance after the bank indefinitely banned credit and debit card transactions to the exchange, according to recent reports. The apparent ban comes roughly two weeks after the UK’s Financial Conduct Authority (FCA) stated that Binance Markets Limited, the firm’s UK operations, was not holding […]
2021-7-6 02:34 | |
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Lawmakers seem to be attempting to establish a legal framework behind a Central Bank of Iran decision for people to only use crypto from state-licensed mining operations for payments.
2021-7-3 19:32 | |
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In preparation for the go-live of the new crypto exchange law scheduled to take effect in September 2021, South Korean exchanges are actively delisting obscure altcoins from their platforms, as the crypto-supporting lenders including NH Nonghyup Bank, and Shinhan Bank, among others, is now reviewing the operations of these exchanges to ensure they are fullyRead More
2021-6-22 11:00 | |
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According to local media, leading South African financial institution FNB is denying allegations of a banking relationship with the recently collapsed crypto investment company, Africrypt. Africrypt Stops Operations Abruptly Africrypt abruptly ceased operations nearly two months ago, prompting the banking institution’s denial.
2021-6-20 03:17 | |
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The president of the second-largest bank in Russia, VTB Bank says the institution doesn’t like Bitcoin because it sees it as fake money. To Andrey Kostin, the fact that “someone sits somewhere mining Bitcoin” makes the crypto’s mining operations equal to fake money printing scams.
2021-6-5 22:02 | |
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The chairman of the Russian Central Bank said that the regulator sees high demand among commercial banks for the digital form of the ruble due to lower prices for banking operations and the ability to track transactions.
2021-5-30 15:49 | |
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Diem Association, a group backed by Facebook, has disclosed its intentions to move operations from Switzerland to the United States. The group, which has been trying to secure a payment system license with Swiss bank watchdog, FINMA, said it has abandoned that plan and withdrawn its application.
2021-5-13 17:45 | |
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Crypto custody firm NYDIG has joined hands with Fidelity National Information Services (FIS), a leading FinTech company to help US banks integrate crypto in their operations. The two firms seek to develop a solution that will let banks offer their clients the ability to purchase, hold, and sell Bitcoin (BTC) through their bank accounts.
2021-5-5 23:23 | |
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| Analogue Notcoin - TapSwap |
Stablecoins could help crypto firms to remove themselves from the banking system — and prevent the U.S. government from cutting off their financial lifelines.
Silvergate Capital и ее дружественный к владельцам криптовалюты Silvergate Bank добровольно согласились исполнить приказ ФРС США о прекращении деятельности. План самоликвидации будет представлен в течение десяти дней.
The fall of Signature Bank (SBNY) has been linked to a combination of executive mismanagement and insufficient intervention by federal regulators.
Члены Комитета по финансовым услугам Конгресса США затребовали у регуляторов информацию, подтверждающую или опровергающую возможные согласованные действия против поставщиков цифровых активов.
The Superintendent of the New York State Department of Financial Services (NYDFS), Adrienne Harris, has refuted allegations that cryptocurrency depositors were responsible for the collapse of Signature Bank.
The New York State Department of Financial Services has spoken out about the role of crypto in the downfall of Signature Bank. The post New York Regulator Confirms Crypto Did Not Sink Signature Bank appeared first on BeInCrypto.
The stablecoin offers greater transparency than competitors like Tether, but, unfortunately, that proved of little value as it was de-pegged during the recent banking crisis, says JP Koning.