banks

banks

Finance

Silicon Valley Bank's Former Parent Company Files for Bankruptcy

The bank had some crypto customers, including Circle Internet Financial and Ripple.

SVB Financial, the parent company of Silicon Valley Bank, filed for bankruptcy in New York. (Shutterstock)

Markets

U.S. Banking Crisis Could Strengthen Crypto Long Term, Experts Say

Some digital-asset firms may move to countries that are more receptive to new financial technology, one observer said.

(Provided)

Opinion

When Will Crypto Learn From the Mistakes of Banks?

It’s time to bring the lessons of TradFi to crypto’s shadow banks, unregulated custodians and offshore exchanges before another FTX or Silvergate failure.

(Floriane Vita/Unsplash, modified by CoinDesk)

Markets

Bitcoin Isn’t Trading as a Currency but as a Speculative Asset: Morgan Stanley

The cryptocurrency isn’t isolated from the traditional banking system, and its price is supported by U.S. dollar liquidity, the report said.

(Dylan Calluy/Unsplash)

Finance

UK Bank NatWest Limits Daily Crypto Payments to $1,200

Customers will be limited to payments of 1,000 pounds ($1,218) per day and 5,000 pounds ($6,090) over a 30-day period.

(Walter Knerr/Pixabay)

Opinion

Bitcoin Was Built for This Moment

Amid a U.S. banking crisis, value is flowing into bitcoin. Is this the beginning of the “Great Reset?” investor and author Tatiana Koffman asks.

Author and investor Tatiana Koffman is just one among many who have turned to bitcoin amid a plague of bank runs – possibly the beginning of what she has described as the "Great Reset." (K8/Unsplash)

Opinion

The Banking Crisis Is Not Crypto’s Fault

Crypto might have a banking problem, but banks don’t have a crypto problem.

(CoinDesk)

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)