Finance

The Federal Reserve opted for another small interest rate hike, with both equities and crypto markets enjoying what they see off the bat

Crypto companies need banks for reasons including custody and settlement

The alternative to private stablecoins — proposed to be built on public blockchain — more likely to gain broad acceptance, the Swiss Bankers Association argues

Potential acquirers of Signature will tell the FDIC what assets and liabilities they’re willing to take from the bank, the FDIC representative added

A mix of small and large financial institutions have declared intent to start using the FedNow service

The bond credit rating firm lowered its outlook for all US banks from “stable” to “negative” and put six on watch for potential rating downgrades

The comments counter former Rep. Barney Frank’s assertion that Signature’s collapse is due to crypto

The falls of Silvergate, Silicon Valley Bank and Signature have left the crypto banking segment in flux, industry watchers say, though other options exist

With its recent stablecoin pilot, NAB joins a growing list of major financial institutions to use the Ethereum blockchain

Cross River Bank is taking over as Circle’s commercial banking partner

In a short speech, Biden told Americans their money is safe and executives will be held accountable

Taxpayers will not be forced to bail out either bank, as Signature is added to the list of failures

“Today’s payment delay is a result of pay runs initiated early this week, with funds in-flight through SVB,” said Rippling CEO

SVB’s stock plummeted earlier in the week as investors parsed the possibility of further financial trouble to come

Letitia James argues that KuCoin should have registered to allow ETH trading

With regulatory headwinds, US banks are probably not making payments systems a priority

A recent Forteus study cited stats showing industry traders have been trouncing Wall St equivalents in deriving alpha

When industry members complain about invasive surveillance that comes with CBDCs, some say it’s too early in the game to make that judgment

Prominent crypto companies are moving away from Silvergate amid insolvency concerns

Last month, Signature banned SWIFT transactions less than $100,000

Silvergate’s share price “moved in line” with bitcoin’s performance for “most of 2021-22,” according to Kaiko analysts

Visa will continue to focus on its strategy to serve as a bridge between traditional finance and crypto, a company spokesperson told Blockworks

The SEC-accredited crypto investment manager is betting crypto markets will recover — even if it doesn’t time the bottom

Goldman Sachs, Hamilton Lane and Siemens are among institutions choosing to represent real-world assets as digital tokens on a blockchain

Blockworks exclusive: The launch is led by the president of the Celo Foundation and two other prominent industry players