On May 16, the Senate held a hearing to examine the recent bank failures that rocked the United States financial system. One of the witnesses is Scott Shay, the former chairman, and co-founder of Signature Bank. Senator Cynthia Lummis, a…
Banks Crypto
- Altcoins
- Automobile
- Banks Crypto
- Banks cryptocurrency
- Bitcoin
- Bitcoin ETF
- Bitcoin News
- Bitcoin Price Analysis
- BitcoinFork
- Blockchain
- Blockchain Jobs
- Blockchain Patent
- Blockchain Patents
- Central Bank
- Charity
- Crime
- Crrptocurrency ETF
- crypto adoption
- Crypto Crime
- Crypto Exchange
- Crypto Fraud
- Crypto Market Analysis
- Crypto Mining
- Crypto Politics
- Crypto Price Analysis
- Crypto Trading
- Crypto Wedding
- Crypto Whale Activity
- Cryptocurrency
- cryptonewsbytes
- Education
- Enterprise Crypto
- ethereum
- Europe
- Games
- Global
- Government
- Hack
- Hacked Crypto
- ICO
- India
- Innovation
- Law Enforcement
- Lawsuit
- Lifestyle
- Metaverse
- Money Laundering
- Music
- National
- Natural
- NEO
- NFT token
- Patent
- Regulations
- Ripple
- SEC
- Security
- Small Business blockchain
- Sponsored
- Sports
- Stablecoin
- Startups
- Tax
- Technology
- Wall Street
- Women
- World Crypto
- More
Hong Kong to Be the Next Crypto Nexus
Hong Kong, a former Crown Colony, is fast becoming a haven for crypto companies. A statement written by Arthur Yuen, Deputy Chief Executive of the Hong Kong Monetary Authority (HKMA), discussed how to handle virtual asset-related entities. He reminded banks…
Swiss Bank PostFinance Embraces Crypto with Sygnum Partnership: A Bold Leap Forward
Switzerland’s PostFinance has announced its plans to launch cryptocurrency trading and storage services for its customers, partnering with local cryptocurrency bank Sygnum. This partnership allows PostFinance customers to buy, store, and sell major cryptocurrencies like Bitcoin and Ether through Sygnum’s…
China’s State-Owned Banks Offer Support to Hong Kong’s Crypto Industry
Banking Hurdles for Crypto Firms Banking for crypto businesses has been difficult due to the anonymous nature of digital assets, which raises red flags for traditional banks that prioritize know-your-client (KYC) procedures. It typically takes three months for crypto-focused companies…
Xapo Bank Makes History: Becoming the First Bank to Fully Integrate with USDC Stablecoin
Xapo Bank has achieved a groundbreaking milestone by becoming the first bank to fully integrate with the USDC stablecoin. This pioneering integration aims to provide users with greater flexibility, ease of use, and access to a wide range of financial…
Is CBDC Better than Crypto?
Crypto was once dismissed as a fad, and It was even labeled as magic internet money by skeptics. The government and central banks started to notice when users started to pump billions and even trillions of US dollars into the…
Ripple CEO Confirms Company’s Financial Stability Despite Exposure to Collapsed Silicon Valley Bank
Ripple CEO Brad Garlinghouse has confirmed that the collapse of Silicon Valley Bank (SVB), a banking partner that held some of Ripple’s cash balance, will not disrupt its day-to-day business. Despite SVB’s collapse, Ripple remains in a strong financial position,…
Circle’s USDC Stablecoin’s Cash Reserves at Failed Silicon Valley Bank
Circle, a U.S.-based stablecoin issuer, has come under scrutiny after it was revealed that the company held a portion of its USDC stablecoin’s cash reserves at Silicon Valley Bank (SVB) as of January 17th. This comes after SVB was taken…
Voyager received more than 100M$ USDC from Coinbase in the past 3 days – Lookonchain
Voyager is selling its crypto assets thought Coinbase USDC as suggested by onchain data from Lookonchain. On July 5th, 2022, Voyager Digital Holdings, Inc. and two related debtors voluntarily submitted petitions for Chapter 11 bankruptcy protection under the U.S. Bankruptcy…
Reserve Bank of India(RBI) Governor Mr.Das says Crypto must be banned and compares it to gambling
RBI (Central Bank) has been playing the ban game for a while and ruling against its citizens to have control over the Indian currency. They have gone to the extent of not allowing fiat to crypto transfer and even taxing…