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Signature Bank’s Crypto Flows Decline As Core Deposits Increase, Wedbush Says

Mark John -
The $4.3 billion contraction in cryptocurrency deposits was sharper than expected but not a surprise, Raymond James also noted in a report on...
Crypto

There’s a new platform for Bitcoin-backed lending that’s forcing banks to lend

Mark John -
There's a new platform for Bitcoin-backed lending that's forcing banks to lend Source link
Crypto

EU lawmakers are trying to cap banks’ Bitcoin holdings

Mark John -
"An institution's total exposure to Tier 2 crypto-asset risks should not exceed 1% of the institution's Tier 1 capital at any time," reads...
Crypto

US regulator is ‘wrongly’ forcing banks to avoid servicing crypto companies, lawmaker says

Mark John -
“According to whistleblowers we have confirmed, staff at FDIC headquarters in Washington, D.C. are urging FDIC regional offices to send letters urging them...
Crypto

Fed reminds banks to check legal authorization before offering Crypto-related services

Mark John -
On Tuesday, the Federal Reserve published an open letter signed by Director of Supervision and Regulation Michael Gibson and Director of Consumer and...

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