SEBA Bank secures in-principle nod for crypto services in Hong Kong
SEBA Hong Kong’s approval joins a flurry of regulated crypto activity that’s taken place over the past month.
SEBA Hong Kong’s approval joins a flurry of regulated crypto activity that’s taken place over the past month.
The CEO of Gemini says things would’ve been handled differently if First Republic was a "crypto" bank.
Plaintiffs seeking damages from Silvergate’s collapse have joined forces with their respective lawsuits.
Postfinance, one of Switzerland’s largest retail banks, will offer customers access to major cryptocurrencies and related services. The state-owned financial institution will be using the banking platform developed by the…
The crypto-friendly Signature Bank was a key partner for many crypto firms, some which have been voluntarily disclosing their exposure to the recently closed firm.
Concerns have been raised around the financial health of the tech-focused bank, which services the likes of crypto-friendly VCs such as Sequoia and a16z.
The demise of the crypto-friendly bank has prompted discussion about who tipped the first domino, and where crypto firms can turn for their banking needs.
The spokeswoman said that she won’t be commenting specifically on Silvergate, but the White House will be actively monitoring the situation.
MicroStrategy confirmed that none of its 130,000 BTC is custodied by Silvergate. However, the firm does have a loan to pay off to the bank by Q1 2025.
Crypto-friendly bank Silvergate has delayed its 10-K filing, which reveals the financial health of the company. The news has sent its stock price down 31%.