banking


Opinion

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?

Custodia Bank CEO Caitlin Long (CoinDesk TV)

Finance

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.

Casa central de Silvergate Bank. (CoinDesk)

Finance

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.

(Xapo)

Finance

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.

Consensus 2018 Sponsor branding kraken (CoinDesk)

Policy

Crypto Bank Custodia's Bid for Fed Supervision Rejected Again

The Fed rejected Custodia's first bid last month.

Custodia Bank founder Caitlin Long (Suzanne Cordeiro/Shutterstock/CoinDesk)

Finance

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.

Metaco's leadership team (Metaco)

Policy

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.

Caitlin Long at BTC 22 (Danny Nelson/CoinDesk)

Policy

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.

Caitlin Long at BTC 22 (Danny Nelson/CoinDesk)

Policy

Crypto's Banking Problem: Industry Needs Access but US Regulators Keep Digital Assets at Bay

Federal banking regulators seem to have free rein over crypto's U.S. destiny – and they're using their power to push it out of banking.

The Federal Reserve building in Washington, D.C.. (Helene Braun/CoinDesk)