banking


Finance

U.S. Banking Crisis Could Present an Opportunity for Some Crypto Exchanges: JPMorgan

Stablecoin trading volumes have increased following the run of bank collapses in the U.S., the report said.

Silvergate Bank collapsed in 2023. (Will Foxley/CoinDesk)

Tech

Rapid Bank Runs Reveal Deposits Are Now Magic Internet Money, Too

Federal Reserve Chair Jerome Powell says the speed of the Silicon Valley Bank run was “very different from what we’ve seen in the past.” However, Treasury Secretary Janet Yellen said she is not considering a "blanket" deposit guarantee.

Internet-era bank runs don't look anything like this. (National Archives via Wikipedia, modified by CoinDesk)

Markets

Bitcoin Holds Firm Above $28K, Equities Rise Amid Banking Sector Rebound

The FOMC will announce its next interest rate decision on Wednesday with markets betting squarely on a 25 basis point rate increase.

(Unsplash)

Opinion

Bitcoin and the Liquidity Question: More Complex Than It Seems

Monetary liquidity expectations is one driver moving crypto markets these days, though not in the way many think – even if easing is around the corner, liquidity is tight, says Noelle Acheson.

Federal Reserve Chair Jerome Powell (Anna Moneymaker/Getty Images)

Policy

UK Crypto White List Needed to Solve 'Debanking,' Lobby Group Says

British banks have said they keep customers away from crypto for their own protection.

The U.K. needs to stop crypto getting "debanked," lobbyists say (Lingxiao Xie/Getty Images)

Finance

Coinbase No Longer Supporting Signature Bank’s Signet Network: WSJ

The fate of Signet has been unclear since Signature Bank was shut down by New York State regulators last weekend.

(Chesnot/Getty Images)

Videos

Former White House Official Reacts to 'Choke Point 2.0' Concerns

Former White House National Security Council Director of Cybersecurity and Secure Digital Innovation Carole House reacts to concerns raised by crypto advocates, called "Choke Point 2.0," over whether federal regulators could be coordinating to keep crypto assets away from the U.S. banking system. "From my time at the White House, what I saw was a really balanced approach," House said.

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Markets

Cryptocurrency Outlook Is Strengthened by U.S. Banking Turmoil: Coinbase

More people now appreciate the fundamental value proposition of having an alternative to the traditional financial system, the report said.

(Brigitte Werner/Pixabay)

Policy

Signature Bank Noncrypto-Related Deposits to Be Assumed by New York Community Bancorp Unit: FDIC

The 40 former branches of Signature Bank will operate under New York Community Bancorp's Flagstar Bank, N.A., from Monday. The FDIC will provide digital-banking business deposits directly to those customers.

(Spencer Platt/Getty Images)