banks

banks

Policy

Silicon Valley Bank Customers Can Fully Access Funds After FDIC Creates New Bridge Bank

Loans and other services will resume on normal schedule Monday following a switch to a new bridge bank, the regulator said

Silicon Valley Bank was shuttered Friday. (Justin Sullivan/Getty Images)

Policy

IMF Had Warned G-20 Widespread Crypto Use Would Impact Banks

"Finally, banks may lose deposits and have to curtail lending," the report made available to the G-20 in February said.

IMF Managing Director Kristalina Georgieva (Helene Braun/CoinDesk)

Markets

Signature Bank Stock Down 12% in Volatile Action as Sell-Off Continues

The broader banking sector is down another 4% on Friday.

(SignatureNY.com, modified by CoinDesk)

Policy

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.

Sen. Bill Hagerty (Scott Olson/Getty Images)

Finance

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.

(Hugh R Hastings/Getty Images)

Opinion

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.

Is there a silver lining to the fall of Silvergate? (Pawel Czerwinski/Unsplash)

Policy

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.

White House press secretary Karine Jean-Pierre (Win McNamee/Getty Images)

Policy

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.

(Nikhilesh De/CoinDesk)

Opinion

Before Silvergate and After Silvergate

The once critically important part of the crypto economy disclosed ugly projections.

Silvergate CEO Alan Lane (Silvergate)