Tag: Crypto Banks
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Was Signature Bank Actually Insolvent?
A Signature board member claims that there was “no real objective reason” that regulators seized the bank. According to a March 13 report from CNBC,...
U.S. Senators Bash Silvergate, Say Bank ‘Further Introduced’ Crypto Risk to Traditional Banking
United States lawmakers are looking deeper into Silvergate’s involvement in the FTX scheme.
Elizabeth Warren (D-Mass.), John Kennedy (R-La.), and Roger Marshall (R-Kan.)...
Fannie Redux? Home Loan Banks Are Bailing Out Crypto Banks
The crypto market seems to have priced in last year’s string of crypto company bankruptcies. But the crypto firms that survived will still...
Silvergate suspends dividends to preserve ‘highly liquid balance sheet’
California-based crypto bank Silvergate has suspended dividend payouts to preserve its “highly liquid balance sheet.”In a Jan. 27 announcement, the firm stated that it...
Crypto Banks Borrow $13,600,000,000 From Federal Home Loan Banks To Meet Customer Withdrawals: Report
Two crypto-friendly US banks have borrowed at least $13.6 billion from Federal Home Loan (FHL) Banks to deal with a tidal wave of customer...
FHLB Led Billions of Dollars to the Most Prominent Crypto Banks
3 hours ago | 2 mins read
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The U.S. Federal Home Loan Banks System provides crypto banks with billions...
U.S. home-loan banks lent billions of dollars to crypto banks: Report
The United States Federal Home Loan Banks System (FHLB) is lending billions of dollars to two of the largest cryptocurrency banks in an effort...
Crypto Bank Silvergate Reports $1B Net Loss in Q4 Amid Industry’s ‘Crisis of Confidence’
Crypto bank Silvergate’s latest financials indicate the firm has been hit hard by the ongoing crypto crisis. The firm’s Q4 report indicated a $1 billion...
The Fed Has Revealed Rules For Crypto Banks Eyeing “Master Accounts”
The Fed has revealed rules for crypto banks who are looking to open so-called “Master Accounts” in order to standardize applications for these types...
Ubitquity launches new crypto payment solution for real estate transactions
Ubitquity, a blockchain-secured platform for real estate and title recordkeeping, announced it has officially launched its UbitquityPay solution for residential and commercial real estate deals using crypto. “UbitquityPay is the global solution for crypto payments + real estate transactions. The launch of UbitquityPay.com will act as an initial online portal for those buyers, title companies, underwriters, and banks,” […]
The post Ubitquity launches new crypto payment solution for real estate transactions appeared first on CryptoNinjas.
Over half the Banks in Switzerland want to offer Crypto to Clients within the next three years
Cryptocurrencies are beginning to receive a warm reception among Swiss banking institutions. According to a survey, more than half of banks in Switzerland are considering offering crypto investment services to their clients within the next three years. Majority of Swiss banks plan to offer crypto investment products to clients A survey conducted by Swiss firm
The post Over half the Banks in Switzerland want to offer Crypto to Clients within the next three years appeared first on CoinGape.
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