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banking
What Now for Crypto Banking?
Regulators are leery of traditional banks offering services to crypto companies, and wary of specialist crypto banks, like Custodia, with new business models. Frances Coppola asks: Where do we go from here?
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.
Xapo Bank Integrates Bitcoin’s Lightning Network, Partners with Lightspark
Crypto pioneer Xapo has quietly assembled interest-bearing, deposit-guaranteed USD bank accounts with a view to providing alternative financial services in emerging market countries.
Kraken Pulling Back From Using Signature Bank: Bloomberg
Non-corporate clients will no longer be able to make dollar deposits or withdrawals using the crypto-focused bank, according to a report.
Crypto Bank Custodia's Bid for Fed Supervision Rejected Again
The Fed rejected Custodia's first bid last month.
DZ, Germany's Second-Largest Bank, Taps Metaco for Digital Asset Custody
This is the fourth such partnership Metaco has made with major financial institutions in eight months.
Caitlin Long Sees 'Coordinated Effort' Among Regulators for Custodia Rejection
The CEO says crypto is here, get used to it. Custodia Bank has filed another master account application with the Federal Reserve.
Custodia Bank Renews Push for Fed 'Master Account' After Rejection
The Federal Reserve and Kansas City Fed rejected Custodia's applications for membership and a master account last month.
