banking


Policy

Chase U.K. to Block Crypto Payments Citing Fraud, Scams

Starting Oct. 16, the bank will decline customer attempts to make payments related to crypto assets via debit card or outgoing bank transfers.

Credit: Daryl L / Shutterstock

Finance

BCB Group's Deputy CEO Departs After Failed German Bank Acquisition

The crypto banking firm said last week that it had ended its planned acquisition of Germany’s Sutor Bank, citing regulatory delays and market conditions.

Noah Sharp (BCB Group)

Opinion

Apple and Goldman Sachs Don’t Trust Their New Banking Customers

“Security reviews” are locking up Apple Savings accounts for weeks on end, as a blunt-force anti-money laundering system turns customers into suspects.

Succumb to the temptation of Apple's 4.15% APR ... and you may find yourself cast out of the Garden. (Detail of Michaelangelo's Sistine Chapel, 1509)

Markets

MicroStrategy Shares Offer Better Exposure to Crypto Than Coinbase: Berenberg

Macro drivers of demand for bitcoin are bullish for MicroStrategy shares, the report said.

Berenberg prefers MSTR over COIN for crypto exposure. (Chris Liverani/Unsplash)

Finance

Xapo Bank to Enable Tether Deposits, Withdrawals

Earlier this year, the crypto-friendly bank introduced support for USDC.

Gibraltar (lutz/Pixabay)

Markets

Bitcoin Rises as Latest Teetering U.S. Bank Sends Traders to Crypto Haven

California-based PacWest Bancorp is weighing strategic options, according to Bloomberg.

(Getty Images)

Markets

Bitcoin Drops Below $28K; JPMorgan Takes Over Embattled First Republic Bank

BTC’s price had dropped from well above $29,000 on Sunday. Investors await Wednesday’s FOMC interest rate decision.

(Shutterstock)

Finance

'Operation Choke Point 2.0' Is SEC's 'Chemotherapy' for $14B Ponzi Problem, BCB's CEO Says

What happened to Custodia Bank is "tragic" under the current administration's efforts to de-bank the crypto industry, BCB's Oliver von Landsberg-Sadie said.

Left to right: Catlin Long, Custodia Bank; Oliver von Landsberg-Sadie, BCB Group; Richard Booth, Fortress Trust Company; and Michael Casey, CoinDesk (Shutterstock/CoinDesk)

Finance

Former Signature Bank Crypto Payments Chief, 4 of His Team Join Fortress Trust

Joseph Seibert, formerly head of digital assets at Signature Bank, has brought over part of his risk and compliance team and a blockchain payments specialist.

Joseph Seibert, Fortress Trust Company (Joseph Seibert)

Finance

Metropolitan Commercial Bank Is Almost Done Exiting Crypto Business

The New York-based bank has only $278.5 million in crypto-related deposits left, according to a filing.

(Paul Brennan/Pixabay)