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Tag: Metropolitan Commercial Bank

Billion-Dollar Bank Pays $29,500,000 Fine Over ‘Massive Fraud’, Allowing Criminals to Access $300,000,000 – The Daily Hodl

The Federal Reserve and New York Department of Financial Services are hitting a US bank with a multi-million dollar fine for violating the Bank...

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Revolut to terminate US crypto services due to regulatory challenges

Key takeaways Revolut to halt crypto services in the US UK fintech firm Revolut has revealed that...

Bank Nears End of Crypto Service Termination

Bank ceases crypto-related services. $278.5 million in crypto-related deposits remain. Core deposits reach $4.9 billion. Metropolitan Commercial Bank is nearing the end of...

Silvergate, Signature Collapse Leaves Crypto with Few Bank Partners

Foreign Companies Could Fill the Void Crypto’s go-to banks collapsed last week, and it left U.S.-based players in the embattled industry with few remaining...

Cappuccino with Crypto. What can you buy with cryptocurrency today? (Yuliya Barabash)

Cryptocurrencies have come a long way since their inception, and their influence is not limited to the online space anymore. From everyday purchases to...

Massachusetts-Based Bankprov to End Loan Offerings Secured by Cryptocurrency Mining Rigs

The Amesbury, Massachusetts-based Bankprov, a subsidiary of Provident Bancorp, has announced that it will no longer provide loans secured by cryptocurrency mining rigs....

Total crypto market cap closes in on $1T right as Bitcoin price moves toward $20K

The total cryptocurrency market capitalization reached its highest level in over two months on Jan. 13 after breaking above the $900 billion mark on...

Metropolitan Bank Holding Corp. to Exit Crypto-Asset Related Vertical

NEW YORK–(BUSINESS WIRE)–Metropolitan Bank Holding Corp. (the “Company”) (NYSE: MCB), the holding company for Metropolitan Commercial Bank, today announced that it will fully exit...

US Federal Reserve, FDIC warn banks against crypto risks

The US Federal Reserve, Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) warned banks...

US Regulator Probes Bankrupt Crypto Lender Voyager Over Claims of FDIC Insurance

The Federal Deposit Insurance Corporation (FDIC) is probing crypto lender Voyager Digital over claims that it is FDIC-insured. The crypto firm previously explained that...

Crypto.com Review 2023: A Robust All-in-One Crypto Solution

<!-- --> If you’ve been around the crypto space for more than a day, chances are you’ve heard of Crypto.com, which...

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