banks


Policy

The UK Has Created Crypto Banking Problems

U.K. lobbying groups and lawmakers have been complaining that crypto clients can’t find a bank and are faced with restrictions, so they are calling the government to act.

(Getty Images)

Opinion

Bank Consolidation Threatens Freedom, Makes Case for Bitcoin

The biggest threat from the banking crisis triggered by this month’s collapse of Silicon Valley Bank might not lie in the potential for depositors to lose their savings but in the censorship power that massive banks are now accumulating as customers move their money.

(Too Big to Fail/ HBO Films)

Policy

Australian Regulator Tells Banks to Report Exposure to Startups and Crypto-Related Business: Report

The move comes in the wake of Silicon Valley Bank's collapse and global lender volatility, the Australian Financial Review reported Tuesday.

Australia's government is taking a deliberate approach toward creating crypto laws. (Unsplash)

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)