Banking
Crypto Banking Rules Could Be Modified if Market Reacts, Basel Committee Chair Says
Controversial rules unveiled last year would discourage banks from holding assets such as bitcoin that are deemed risky
First Citizens to Buy Much of Silicon Valley Bank, Assuming $72B in Loans, $56B in Deposits
The Federal Deposit Insurance Corp. also acquired equity appreciation rights in the parent of First Citizens Bank, which are potentially worth up to $500 million.
EU Crypto Banking License Procedures Are Too Inconsistent, ECB Says
Most requests for licenses have come from banks in Germany.
Credit Suisse’s Buyout Shows Banks Still Have a Banking Problem
Bitcoin and crypto aren't unraveling the banks.
No Crypto Banking Port Has Really Opened Up in This U.S. Storm
As Silvergate, Signature and Silicon Valley banks imploded, crypto customers grabbed assets and ran, but those hoping to land at major U.S. banks have been mostly disappointed.
Silvergate Wasn't Cut Off From Loans, Lender Says
Silvergate Bank said previously it had to accelerate the sale of securities to be able to repay advances from the Federal Home Bank of San Francisco.
Gibraltar's Xapo Bank Enables GBP Payments, Prepares USDC Option Amid U.S. Crypto Banking Crisis
The retail-focused bank will be allowing users to make GBP payments directly to and from their U.K. accounts or wallets.
Banking Crisis in U.S. Likely to Push Crypto Firms Offshore
Switzerland, Lichtenstein and island jurisdictions are among the potential benefactors of the trend.
Is This a Crypto Banking Bailout?
It depends on who you ask, but this round of government interventions doesn’t yet resemble the large-scale, taxpayer-involved rescue in the wake of the 2008 financial meltdown.
