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Latest from Nikhilesh De
Silvergate Closes SEN Platform Institutions Used to Move Money to Crypto Exchanges
Crypto bank warned this week about its ability to remain in business.

Binance.US Is Operating 'Unregistered Securities Exchange,' SEC Official Says
The official spoke during a Voyager Digital bankruptcy hearing.

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.

U.S. Lawmakers Reintroduce Bill to Force Crypto Miners to Disclose Emissions
The bill also requires the EPA to study the effect crypto mining has on the environment.

Bitcoin, Ether Drop Over 5% in Massive Sell-Off as Market Continues to Digest Silvergate
Bitcoin plunged to $22,277 and ether hit $1,563 as crypto tumbled during the opening hours of East Asia's trading day.

Silvergate Stock Drops Over 50% as Crypto Clients Flee Beleaguered Bank
Silvergate's clients Coinbase, Circle, Paxos, Crypto.com, Bitstamp, Cboe Digital Markets, Galaxy and Gemini said they will suspend business with the bank.

SEC Chair Gensler Says Crypto Exchanges May Not Be 'Qualified Custodians'
"Just because a crypto trading platform claims to be a qualified custodian doesn’t mean that it is," the SEC chair said.

Australia’s Central Bank Taps Mastercard and Others to Test CBDC Use Cases
The projects will take part in the country’s central bank digital currency pilot, expected to wrap later this year.

Crypto Bank Charter Firm Protego Trust Lays Off Most of Its Workforce: Source
Some employees are still in place and the firm’s operations are ready to launch, but money is a problem, said a person familiar with the situation.

Silvergate Stock Plunges as Bank Says It May Face DOJ, Congressional and Bank Regulator Inquiries
Shares fell over 10% in after-hours trading.
