Banking


Finance

Crypto-Friendly Revolut Finally Earns UK Banking License

Revolut has entered a "mobilization stage" designed for new banks to operate with restrictions.

Revolut to Suspend Certain Crypto Services (Kaysha/ Unsplash)

Policy

Fed Report: Silvergate Bank Got Fatally Ensnared in Crypto While Examiners Shrugged

The Federal Reserve's inspector general studied the bank’s collapse and concluded the Fed’s examiners failed to quickly flag its problems and managers were “ineffective.”

(Jesse Hamilton/CoinDesk)

Opinion

Crypto’s Path Forward Could Follow the Financial World's Departure From LIBOR

The financial services industry has a way of spawning innovation and growing from its crises.

Citi bank and HSBC skyscrapers at night (Miquel Parera/Unsplash)

Opinion

A Bully Pulpit for Debanked Nigel Farage, Crypto for Everyone Else

The British Brexiteer could call on the media and his far-right friends in his debanking fight. But most of us aren't so lucky.

Nigel Farage (Gage Skidmore/Wikimedia Commons)

Finance

Binance's Euro Banking Partner to Halt Support of the Crypto Exchange in September

The exchange recently announced retreats from the U.K., Netherlands and Cyprus.

Founder/CEO of Binance Changpeng Zhao, closeup

Policy

Even Licensed Firms Say Opening Bank Accounts Is Hard in Hong Kong

Hong Kong has said it wants to be a crypto hub but its banks are rejecting account opening applications.

Hong Kong (Unsplash)

Opinion

3 Giga-Brained Ideas From Consensus Day 2

Crypto shows that ideas can be valuable, even if they’re not useful … yet.

Consensus 2023 Highlights

Finance

Bitpanda and Raiffeisen Unit Agree to Offer Crypto for Banking Customers

EU banks’ forays into crypto have been meek so far, but new laws are on the way.

Vienna, Austria

Finance

BNY Mellon CEO Says the Bank Is Going 'Incredibly Slow' on Crypto

Robin Vince said the lender won't be as aggressive as other banks have been in trying to gain crypto deposits.

(Spencer Platt/Getty Images)

Policy

Top U.S. Treasury Official Says Crypto Had No ‘Direct Role’ In Bank Failures

Treasury Under Secretary Nellie Liang told House lawmakers the crypto industry wasn’t a central factor in the wipeouts of Silicon Valley Bank and Signature Bank.

Nellie Liang (Win McNamee/Getty Images)