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Crypto Bank Silvergate Announces 'Voluntary Liquidation'
The bank revealed last Wednesday it would have to delay filing its annual 10-K report due to questions from its auditors.
Grayscale Chief Legal Officer: A Spot Bitcoin ETF Will Protect U.S. Investors, Consumers
Craig Salm discusses what happens next after a court acts on its lawsuit against the SEC, and whether this regulator should even be involved with bitcoin products.
JPMorgan Is Cutting Ties With Crypto Exchange Gemini: Source
Coinbase said its banking relationship with JPMorgan remains intact.
Crypto Lender Celsius Should Continue Exclusive Right to Pursue Novawulf Deal, Judge Says
Enough progress has been made to suggest the plan to set up a new recovery corporation should be the only one on the table, Martin Glenn said
Silvergate Talking With FDIC About How to Save Crypto-Focused Bank: Bloomberg
FDIC examiners met with Silvergate management at its headquarters in California last week.
Binance.US Can Move Ahead With Plan to Acquire Voyager Digital's Assets, Judge Rules
The bankruptcy judge in the Voyager Digital case chose to allow the deal with Binance.US over objections from the U.S. Securities and Exchange Commission and state regulators.
Federal Reserve’s Powell: We Don’t Want to Strangle Crypto Innovation, but Sector Is a Mess
The central bank's chairman said the Fed is sticking to its warnings that banks should be “quite cautious” about getting involved in digital assets.
Judges Express Skepticism of SEC Arguments in Grayscale Bitcoin ETF Hearing
The panel of appeals court judges questioned the SEC's logic in drawing a distinction between bitcoin spot market prices and futures market prices.
U.S. Lawmakers to Reintroduce Crypto Tax Reform Bill: Report
The Keep Innovation in America Act was first introduced in March 2021.
SEC Accuses Utah-Based Green United of Running $18M Crypto Mining Scam
Green United allegedly sold investors crypto mining equipment that didn’t mine what the company claimed it mined.
