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Ripple CEO admits company held ‘some’ cash in Silicon Vally Bank
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… дальше »
2023-3-14 15:37 | |
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Ripple discloses exposure to SVB; not caused business operations disruption
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. дальше »
2023-3-13 00:46 | |
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Circle Pledges To ‘Stand Behind’ USDC And Cover Missing Liquidity In Failed Silicon Valley Bank
Circle Internet Financial has promised to resume normal USDC liquidity operations from Monday, enabling the redemption of the troubled stablecoin at 1:1 with the United States dollar. дальше »2023-3-13 18:21 | |
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Bitcoin Dealt Another Round Of Blows, Is The Bear Market Back?
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. дальше »
2023-3-10 16:30 | |
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Silvergate shares tumble after company says it’s shutting down crypto bank
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. дальше »
2023-3-9 16:26 | |
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Silvergate to wind down operations and liquidate the bank
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. дальше »
2023-3-9 13:42 | |
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Silvergate Bites The Dust, Down 35% As Crypto-Friendly Bank Ceases Operations
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. дальше »
2023-3-9 02:03 | |
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CryptoSlate Wrapped Daily: Silvergate to shut down; 3AC founders advance OPNX plans
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. дальше »
2023-3-9 01:59 | |
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Crypto-focused Silvergate Bank to shut down operations
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. дальше »
2023-3-9 01:37 | |
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Silvergate Bank will halt operations and undergo liquidiation
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. дальше »
2023-3-9 00:49 | |
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Silvergate faces bankruptcy concerns amid capital flight
Crypto bank Silvergate may halt operations after it issued a warning last week stating it could be short of capital. дальше »
2023-3-7 19:19 | |
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Class-action lawsuit alleges Signature bank ‘permitted’ FTX comingling customer funds
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. дальше »
2023-2-7 16:22 | |
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This Bank Ends loans Secured By Crypto Mining Rigs, What’s Ahead?
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. дальше »
2023-2-2 11:22 | |
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Adam Back-Led Blockstream Raises $125 Million To Expand Operations
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. дальше »
2023-1-26 21:15 | |
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Crypto Bank Juno shuts operations: Customers to sell or self-custody assets
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. дальше »
2023-1-5 13:30 | |
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Turkey's Central Bank has more in store for CBDCs in 2023
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. дальше »
2022-12-30 12:00 | |
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Russia's largest bank issued gold-backed digital financial assets
The issuance became the second major operations of the bank with the new class of assets.
дальше »2022-12-28 15:43 | |
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South Korean Mobile Financial Services Platform Toss Concludes $405M Series G Funding, Looks to Expand Operations
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. дальше »
2022-12-20 15:58 | |
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China Discovers Major Crypto Laundering Scam, Police On Arrest Spree
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. дальше »
2022-9-29 19:20 | |
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Binance fined €3.3M by Dutch Central Bank over unlicensed operations
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. дальше »
2022-7-19 00:58 | |
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Binance fined €3.3 million in Netherlands for unlicensed operations
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. дальше »
2022-7-19 21:30 | |
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Argentina: Central Bank Announces About-Turn on Digital Assets
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. дальше »
2022-5-7 17:30 | |
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Central Bank Of Russia Steps Up Monitoring P2P Transactions Including Crypto
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,”. дальше »
2022-3-19 18:47 | |
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Bitcoin Rises as Visa and MasterCard Shun Russia Amid Capital Controls and Long Bank Queues in Moscow
Visa and MasterCard have suspended their operations in Russia following the invasion of Ukraine. “We will continue to work with regulators in the days ahead to abide fully by our... дальше »2022-3-2 16:22 | |
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Russia’s central bank releases a damning report, proposing a blanket ban on crypto
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. дальше »
2022-1-21 17:00 | |
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Russian Central Bank proposes to ban all operations with cryptocurrencies and crypto mining
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. дальше »
2022-1-23 02:11 | |
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UnionBank of the Philippines to utilize METACO and IBM for its crypto custody operations
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. дальше »
2022-1-21 22:20 | |
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Filipino Top Lender Joins Forces with Metaco and IBM for Crypto Custody
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 дальше »
2022-1-20 22:00 | |
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Third largest Russian bank begins to request origin of funds in case of suspicion of crypto exchange operations
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. дальше »
2021-12-28 15:01 | |
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Australian official who owns Ethereum says it is no threat to the country’s financial system
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. дальше »
2021-11-19 11:00 | |
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Bhutan’s Central Bank Partners with Ripple to Pilot CBDC Trials
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. дальше »
2021-9-24 15:00 | |
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Barclays UK Customers Can No Longer Transfer Funds To Binance
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 […] дальше »
2021-7-6 02:34 | |
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Korean Exchanges Delisting Altcoins as Banking Contracts Renewal Looms
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 дальше »
2021-6-22 11:00 | |
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$3.6 Billion Crypto Theft: South African Bank Denies Relationship With Fraud Accused Africrypt
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. дальше »
2021-6-20 03:17 | |
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President Of Top Russian Bank Tells Why They Don’t Like Bitcoin
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. дальше »
2021-6-5 22:02 | |
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Russian Central Bank claims its digital ruble is in demand
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. дальше »
2021-5-30 15:49 | |
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Facebook’s Diem Announces Silvergate Partnership, Will Move Operation Back To US
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. дальше »
2021-5-13 17:45 | |
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NYDIG claims hundreds of US banks will embrace crypto this year
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. дальше »
2021-5-5 23:23 | |
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