Banking
There are a total of 38 articles associated with Banking.

Calls are growing for transparency over how the FDIC assumed control of crypto-friendly banks Signature and Silicon Valley Bank

Federal bank regulators are acting in an “arbitrary and capricious fashion” by failing to explain their decisions, law firm Cooper & Kirk said Monday

Digital assets can reduce the difference between interest rates that banks charge for loans and the interest rates they pay to depositors, US Treasury said in a report

Bitcoin and ether rallying as a potential banking crisis unfolds is not a coincidence, according to Animoca’s Yat Siu

Bitcoin’s rally is being fuelled by spot buys, with the majority of flow coming from large market players looking to position in anticipation of a flight to safety

Some financial professionals see the current banking crisis as a sign the system is weakening, lending further credibility to decentralization and accompanying infrastructure

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

Some believe the fallout from Silicon Valley Bank, Silvergate and Signature Bank has only added fuel to the rally in digital assets

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

It’s part of the ongoing arms race between financial progressives and the incumbent banking system, one expert told Blockworks Tuesday

USDT’s dominance is likely the result of headwinds faced by its rivals, USDC and BUSD, in recent weeks, analysts say

Paysafe’s fiat-to-crypto provider Skrill has informed Binance that it will no longer be able to provide deposits and withdrawal services from May 22

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

An overwhelming majority of the Silvergate float has been shorted, but a delayed SEC filing means a short squeeze is now further from reality

Three US financial regulators do not prohibit or discourage banks from providing crypto services to their customers, per a new statement

Abra, a company with aspirations to become the US’ first regulated crypto bank, has taken a hard look at cost-cutting

Per the guidance, which goes into effect immediately, banks must submit a business plan including a risk assessment and the costs and revenue targets associated with the crypto activity

Archblock and Adapt3r want to bring conservative cryptoassets to institutional investors

The asset management arm of South Korea’s Kookmin Bank is planning to study and launch crypto derivates and ETFs

Wells Fargo is drawing similarities to the adoption rate of the internet, calling crypto “early, but not too early”

Copper’s Glenn Barber said he left traditional finance when crypto took the lead in innovation
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