Tag: Banks
Circle Is Considering Cross River as a Potential Banking Partner
Reading time: < 1 minuteCircle has announced that Cross River Bank is its new commercial banking partner for the production and redemption of USDC stablecoins.
Ripple CEO: We Had Deposits in SVB, But Most of the Funds Had Been Withdrawn
Reading time: < 1 minuteRipple CEO Brad Garlinghouse has confirmed that the company had deposits in SVB, but that most of the funds had been withdrawn.
Silvergate Holding is Shutting Down its Bank
Reading time: < 1 minuteSilvergate Capital Corporation has declared its intention to close down operations and initiate the liquidation of the bank.
BNY Mellon Says Institutional Investors Are Increasingly Interested in Crypto
Reading time: < 1 minute“We see how our clients are interested in a wide variety of digital assets.”
Jewel Bank Intends to Issue a Polygon-based Stablecoin
Reading time: < 1 minuteJewel Bank has announced it has plans to release the Jewel USD (JUSD), a US dollar-pegged stablecoin on the Polygon network.
Morgan Stanley Believes Investors Are Preparing for a Bitcoin Selloff
Reading time: < 1 minuteAccording to Morgan Stanley analysts, they are waiting for the resumption of the BTC rally in order to dump the asset on the most comfortable terms.
Neobank N26 to Launch Crypto Trading Service to Customers
Reading time: < 1 minuteN26 has announced it plans to add the ability to trade about 200 digital assets to the app in the coming months.
German Crypto Bank Nuri Will Go Into Liquidation Next Month
Reading time: < 1 minuteGermany-based fintech startup Nuri will go into liquidation in late November after failing to raise funding.
Banking Company Step Rolls Out a Crypto Investment Service
Reading time: < 1 minuteStep has raised $300 million in debt financing.
Basel Committee: Banks Should Be Allowed to Work with Cryptocurrencies
Reading time: < 1 minuteThe Basel Committee on Banking Supervision believes financial regulators should reconsider their policy towards the cryptocurrency market.
