Cryptocurrency

Cryptocurrency
Crypto Banks Hit Reset While Shedding Risky Innovation Ambitions
January 25, 2023

Smaller banks that sought to serve once-hot sectors like cryptocurrency are now exiting those verticals. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Cryptocurrency
Report: BlockFi Had Undisclosed $1.2B Tie to FTX
January 25, 2023

Bankrupt crypto firm BlockFi reportedly had over $1.2 billion in assets tied to FTX. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Cryptocurrency
Circle Blames SEC for Collapse of $9B SPAC
January 25, 2023

Stablecoin company Circle says the SEC is to blame for its failure to go public. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Cryptocurrency
Binance Changing Procedures to Keep Collateral and Customer Assets Separate
January 24, 2023

Binance reportedly mistakenly kept collateral for tokens in the same wallet as customer assets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Cryptocurrency
EU Assigns Highest Risk Weighting for Crypto Assets Requiring 1:1 Backing
January 24, 2023

European lawmakers are making the bloc’s financial institutions pony up to play with cryptocurrencies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Cryptocurrency
Report: Signature Bank Puts $100K Minimum on Crypto Transactions
January 23, 2023

Signature Bank has reportedly placed a new threshold on the cryptocurrency transactions it will handle. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Cryptocurrency
Crypto Bank Silvergate Says Genesis Exposure ‘Minimal’
January 22, 2023

Crypto-centric bank Silvergate said its exposure to bankrupt lender Genesis has been limited. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Cryptocurrency
Silvergate and Signature Banks Tap FHLB Funds for Crypto Lending
January 22, 2023

Two cryptocurrency-sector banks have turned to the federal mortgage system to ease customer withdrawals. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Cryptocurrency
FTX Prosecutors Seize Robinhood Shares From Bankman-Fried Assets
January 22, 2023

Federal prosecutors have seized nearly $700 million in assets from disgraced FTX founder Sam Bankman-Fried. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...