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Crypto distribution is uneven among banks as prudential exposure rises: BIS report

[Mar 1, 2023 3:45 PM] One bank accounts for almost 62% of all crypto asset prudential exposure; almost two-thirds of banks holding crypto are in the Americas.

US agencies recommend old risk management principles for crypto liquidity

[Feb 25, 2023 4:00 AM] The joint statement highlighted the key liquidity risks associated with crypto-assets and related participants for banking organizations.

US Federal Reserve denies Custodia Bank's request for Fed supervision

[Feb 23, 2023 5:10 PM] The Federal Reserve Board has denied the request from crypto-focused Custodia Bank to reconsider its membership to the Federal Reserve System.

CZ denies report Binance is considering major breakup with US business partners

[Feb 17, 2023 1:00 PM] The Binance CEO contradicted a Bloomberg source concerning reducing the company’s activities after increasing pressure from U.S. regulators.

LevelField Financial To Become First FDIC-Insured Bank to Offer Traditional Banking And Bitcoin Services

[Feb 1, 2023 1:28 PM] LevelField Financial is set to acquire Burling Bank in a move that would enable access to bitcoin for traditional banking customers.Once the acquisition is approved by regulatory authorities, LevelField Financial will be able to expand its services…

Top 5 Bitcoin documentaries to add to your watchlist

[Jan 31, 2023 8:00 AM] Bitcoin documentaries can serve as a tool for advocacy, helping to promote the adoption and acceptance of Bitcoin and other cryptocurrencies.

Fed denies Custodia Bank application to join the Federal Reserve System

[Jan 27, 2023 11:02 AM] The bank applied for the application in 2019 and sued the Fed in an attempt to speed up the decision.

Crypto industry leaders ‘scared of a strong SEC’ — Senator Warren

[Jan 25, 2023 11:28 PM] Senator Elizabeth Warren claims the Trump Administration “gave a green light” to a cryptocurrency market full of junk tokens, rug pulls and Ponzi schemes.

Davos-launched blockchain project aims to be the ‘SWIFT’ of stablecoins and CBDCs

[Jan 22, 2023 8:39 PM] A SWIFT-style system for bank-issued and regulated digital currencies was launched by a firm involved in building China’s national blockchain project.

DeFi, DAOs and NFTs: Crypto is redefining how charities raise funds

[Jan 16, 2023 8:46 PM] Crypto donations are so much more than just peer-to-peer Bitcoin and Ether transactions.

Silvergate hit with another class-action suit, this time for securities law violations

[Jan 11, 2023 3:52 PM] According to allegations, the company and its executives knowingly misled investors with positive statements despite accusations involving money laundering and tanking share prices.

New York-based bank exits crypto after tumultuous year

[Jan 9, 2023 7:55 AM] The Metropolitan Bank Holding Corp, the holding company for Metropolitan Commercial Bank, says it’s completely exiting its crypto-asset-related vertical.

Marathon Digital experiments with overclocking to increase competitive advantage

[Jan 6, 2023 11:00 AM] According to the company, it produced 475 BTC in December 2022, bringing its total mined Bitcoins in the fiscal year of 2022 to 4,144 BTC.

US federal agencies release joint statement on crypto asset risks and safe practices

[Jan 3, 2023 4:16 PM] The Fed, FDIC and OCC teamed up to wish the banks they regulate a FUD-filled new year with a warning about the risks associated with crypto assets and their efforts to contain those risks.

What Goldman Sachs' CEO misunderstands about private blockchains

[Dec 13, 2022 4:38 PM] Blockchains aren’t meant to provide big banks with another venue for imposing new fees on users.

German crypto asset trading platform Bitcoin Group SE buys bank with full license

[Dec 13, 2022 3:30 PM] Bankhaus von der Heydt has its own stablecoin and digital asset custody and tokenization services, but it was on the market for a while and almost went to BitMex execs.

Approach with caution: US banking regulator’s crypto warning

[Dec 8, 2022 11:23 PM] The Office of the Comptroller of the Currency (OCC) said the digital asset industry was maturing but was “not yet robust” in its risk management.

Russia’s Sber Bank Aims for Blockchain Integration With Ethereum and Metamask

[Dec 3, 2022 4:30 PM] Banking giant Sber wants to integrate its blockchain platform with the Ethereum blockchain and the Metamask wallet. The Russian bank believes the integration will give developers more options and create new opportunities for users when in…

Block.one and its CEO become largest Silvergate Capital shareholders

[Nov 23, 2022 4:05 PM] Block.one, the original developer of the EOSIO blockchain platform, has bought into Silvergate, which bought Meta’s Diem stablecoin project, have joined up.

Senate Banking Committee Democrats warn SoFi about meeting its compliance deadline

[Nov 21, 2022 4:30 PM] The committee members, seemingly spurred to vigilance by the FTX debacle, do not see evidence of SoFi Digital Assets shaping up the way the Fed ordered.

Banks still show interest in digital assets and DeFi amid market chaos

[Nov 18, 2022 9:49 AM] Traditional financial institutions continue to demonstrate use cases for digital asset support, along with DeFi capabilities, despite current market conditions.

As The FTX Collapse Shows, Time, Money And People May Change But Liquidity Crises Don't

[Nov 11, 2022 10:19 AM] FTX's collapse mirrors that of most liquidity crises over the last 100 years, but Bitcoin offers a break in the cycle.This is an opinion editorial by Kane McGukin, who has 13 years of wealth management experience spanning brokerage and…