banks


Opinion

4 Potential Winners of the Silvergate Unwind

The collapse of crypto's most visible bank could be an opportunity for stablecoins and other financial-services providers.

Is there a silver lining to the fall of Silvergate? (Pawel Czerwinski/Unsplash)

Policy

White House Is 'Aware of' Silvergate Situation, Spokeswoman Says

Press secretary Karine Jean-Pierre said the administration is watching Silvergate's situation and likened it to other crypto companies that have had issues recently.

White House press secretary Karine Jean-Pierre (Win McNamee/Getty Images)

Policy

Stablecoin Issuer Tether Used Bank Accounts Opened With Falsified Documents in Past: WSJ

Tether, the company behind the world's largest stablecoin, accessed bank accounts by way of falsified documents and intermediaries, a new report says.

(Nikhilesh De/CoinDesk)

Opinion

Before Silvergate and After Silvergate

The once critically important part of the crypto economy disclosed ugly projections.

Silvergate CEO Alan Lane (Silvergate)

Finance

Three Japanese Banks Start Stablecoin Experiment

The institutions involved are Tokyo Kiraboshi Financial Group, Minna no Bank and The Shikoku Bank.

Cityscape Tokyo, Japan (Ryo Yoshitake/Unsplash)

Policy

Certain Banks' Crypto Exposure Dropped by 44% Globally in 2022 From Previous Year: BIS

The Basel Committee on Banking Supervision endorsed in December rules that a bank's exposure to certain cryptocurrencies must not exceed 2%.

Agustin Carstens, directivo del BIS. (Stephen Jaffe/Getty Images)

Policy

UK Banking Regulator to Propose Rules on Issuing, Holding Crypto

The U.K. government recently released a consultation on regulating the industry and a potential central bank digital currency.

British Flag (Unsplash)

Policy

EU Banks Told by Regulator to Apply Bitcoin Caps Even Before They Become Law

The European Central Bank, which supervises big euro area lenders, said crypto should be treated as a risky asset.

European Central Bank (Raimund Linke/Getty Images)

Opinion

Stablecoins Are Not New. So Why Are Regulators Attacking Paxos?

Former Paxos head of portfolio management for BUSD argues that stablecoins can be as safe as regulated financial products like money market funds.

(Brock Wegner/Unsplash)

Finance

UK Bank Nationwide Has Restricted Card Payments to Binance

Nationwide said it has taken this decision due to "media coverage" and "regulatory uncertainty."

Las especulaciones recientes sobre el estado de Binance, el exchange de criptomonedas más importante del mundo, también golpearon la participación de mercado de su stablecoin. (Danny Nelson/CoinDesk)