banks

Signature Bank Stock Down 12% in Volatile Action as Sell-Off Continues
The broader banking sector is down another 4% on Friday.

Banks Shouldn’t ‘Punish’ Crypto Industry, Republican Senators Urge
A crackdown on digital-assets companies is reminiscent of a campaign targeting gun sales, Federal Reserve Chairman Jerome Powell was told.

Finance Headed Toward Bank-Free, Decentralized Future: Bernstein
Bank-free decentralized finance will be a trillion-dollar asset pool with over $40 billion in revenue by 2028, a report from the firm said.

4 Potential Winners of the Silvergate Unwind
The collapse of crypto's most visible bank could be an opportunity for stablecoins and other financial-services providers.

White House Is 'Aware of' Silvergate Situation, Spokeswoman Says
Press secretary Karine Jean-Pierre said the administration is watching Silvergate's situation and likened it to other crypto companies that have had issues recently.

Stablecoin Issuer Tether Used Bank Accounts Opened With Falsified Documents in Past: WSJ
Tether, the company behind the world's largest stablecoin, accessed bank accounts by way of falsified documents and intermediaries, a new report says.

Before Silvergate and After Silvergate
The once critically important part of the crypto economy disclosed ugly projections.

Three Japanese Banks Start Stablecoin Experiment
The institutions involved are Tokyo Kiraboshi Financial Group, Minna no Bank and The Shikoku Bank.

Certain Banks' Crypto Exposure Dropped by 44% Globally in 2022 From Previous Year: BIS
The Basel Committee on Banking Supervision endorsed in December rules that a bank's exposure to certain cryptocurrencies must not exceed 2%.

UK Banking Regulator to Propose Rules on Issuing, Holding Crypto
The U.K. government recently released a consultation on regulating the industry and a potential central bank digital currency.
