Bank
Host of Crypto Firms, Including Coinbase, Paxos and Galaxy, Jump Ship From Silvergate Bank
Coinbase's change is specific to banking in U.S. dollars and doesn't affect payment instructions in pounds or euros.
Russia's Sberbank Will Introduce DeFi Platform by May: Report
The bank's blockchain product director believes DeFi will one day replace traditional banking services.
EU Lawmakers Vote to Impose Restrictions on Banks’ Crypto Holdings
The European Parliament's Economic and Monetary Affairs Committee voted to impose strict restrictions on banks seeking to hold crypto. "The Hash" panel discusses the rules, whether they're likely to pass into law and the potential repercussions for the global crypto industry.
Swiss Bank Cité Gestion Becomes First Private Bank to Tokenize Its Own Shares
The private bank is partnering with digital assets firm Taurus to issue and manage its tokenized shares.
Alameda Research-Connected Bank Exits Crypto Business
Farmington State Bank, a small community bank in the state of Washington, is also changing its name.
National Australia Bank Becomes Second Australian Bank to Build Stablecoin: Report
The stablecoin will launch on the Ethereum and Algorand blockchain.
Crypto Bank Silvergate Reports Q4 Loss of $1B
The company posted a loss of $949 million for 2022, compared with net income of $76 million in 2021.
Santander UK Puts Limits on Payments to Crypto Exchanges
The bank takes note of the risks of investing in crypto and rising crypto fraud.
What if Celsius Was Regulated Like a Bank? Here's What OCC's Michael Hsu Says
"The way Celsius was organized is they commingled a lot of different activities," says Acting Comptroller of the Currency Michael Hsu. He discusses the alternative outcome had the crypto lender been regulated like a bank.
Citigroup Director of Blockchain and Digital Assets to Leave for Six Digital Exchange
Alexandre Kech's departure follows the exit of another key digital-assets employee from Citi in August.
