The collapse of Silicon Valley Bank has highlighted just how fragile the legacy financial system is. This is an opinion editorial by Mickey Koss, a West Point graduate with a…

A joint statement ensured that all customer deposits at the respective banks will be honored by the federal government. The U.S. Treasury, Federal Reserve, and the Federal Deposit Insurance Corporation…

Once a major banking partner for various cryptocurrency firms, Silvergate will end its operations in line with regulatory requirements. In a press release shared on Wednesday, Silvergate Capital Corporation, the…

Two of the U.K.’s largest banks have imposed further restrictions on their customers’ ability to acquire cryptocurrencies. British banks have continued to crack down on their customers’ cryptocurrency purchases. According…

Major crypto exchanges have failed to prevent sanctioned Russian banks and traders from transacting, according to a blockchain forensics report. At least two established coin trading platforms continue to allow…

LevelField Financial is set to acquire Burling Bank in a move that would enable access to bitcoin for traditional banking customers. Once the acquisition is approved by regulatory authorities, LevelField…

The U.S. Federal Reserve Board has rejected the attempt of Custodia Bank to become member of the Federal Reserve System. According to the decision announced Friday, the application submitted by…

Banks would be allowed to hold 2% of capital in bitcoin, but required to have one euro in capital for every euro in cryptocurrency held. European Union lawmakers have voted…

Venezuelan Banks have started eyeing the accounts of customers with ties to cryptocurrency trading, principally related to peer-to-peer (P2P) transaction activity. According to Legalrocks, a crypto and blockchain-focused legal firm…

Financial institutions in Russia will not be able to communicate with clients through instant messengers based outside the country, local media revealed. A new law passed by the State Duma…