National Australia Bank joins crypto exchange boycott, cites ‘scams’
National Australia Bank is the latest bank to announce blocks on certain cryptocurrency exchanges, citing the high risk of scams.
FTX has recovered $7B in assets so far, has almost $2B to go to cover misappropriations
Tracing funds is highly challenging, according to the FTX Debtors’ second interim report, and there is no doubt that that was by design.
HSBC rolls out cryptocurrency services in Hong Kong: Report
Three crypto ETFs listed on the Hong Kong Exchange are now reportedly available for trading at Hong Kong’s largest bank.
Uncertainty over digital assets traps institutions in ‘supervisory void’ — Fed Governor
Lack of clarity on digital assets could have significant consequences for banks navigating higher interest rates, according to Fed Governor Michelle Bowman.
Circle and Sequoia were among top depositors at Silicon Valley Bank: Report
According to a Bloomberg report, other major depositors included Silicon Valley Bank, SVB Financial Group, biotechnology research company Altos Labs and China-based firm Kanzhun.
Circle and Sequoia were among top depositors at Silicon Valley Bank: Report
According to a Bloomberg report, other major depositors included Silicon Valley Bank, SVB Financial Group, biotechnology research company Altos Labs and China-based firm Kanzhun.
JPMorgan bank deploys JPM Coin for euro-denominated payments
Germany’s conglomerate Siemens AG was reportedly the first company to process euro-denominated payments using JPM Coin.
Binance.US solves USD withdrawal issues but warns it won’t last long
“While USD withdrawal remains fully operational on the platform today, we expect our banking partners to discontinue that service in the near future,” said Binance.US.
US lawmakers propose bills to hold bank execs accountable for failures and address risks
Maxine Waters did not specifically mention crypto in the proposed legislation, drafted in response to the collapse of Silicon Valley Bank, Signature Bank and First Republic Bank.