Banks
Custodia Bank CEO slams Washington’s ‘misguided crackdown’ on crypto
Caitlin Long uncovered that she had cautioned government organizations of major “misrepresentation” in the crypto space a very long time before a few firms failed. The Chief of Custodia Bank,…
US banking giant BNY Mellon says digital assets are ‘here to stay’
In spite of the majority of the cryptographic money market being down 60% from all time highs, Demissie said the advanced resource industry is “digging in for the long haul.”…
Silvergate suspends dividends to preserve ‘highly liquid balance sheet’
January has been a harsh month for Silvergate, with the profit stops coming only half a month after it reported a Q4 2022 deficiency of $1B and laid off 200…
FDIC to prioritize crypto risk assessment as banks perform poorly in Q2
With banks revealing $470 billion in hidden misfortunes and FDIC anticipating the continuation of this pattern, acting director Gruenberg accepted banks should warily take part in crypto-resource exercises. Monetary vulnerability…