Deposits


Politiche

Big Banks, NY Fed’s Innovation Group See Merit in Digital Ledgers for Global Payments

NY Fed’s innovation center worked with Citi, HSBC and other banks on the concept of a network for wholesale payments on a shared ledger, finding the idea has potential benefits.

(David Merrett/Flickr)

Politiche

Top U.S. Treasury Official Says Crypto Had No ‘Direct Role’ In Bank Failures

Treasury Under Secretary Nellie Liang told House lawmakers the crypto industry wasn’t a central factor in the wipeouts of Silicon Valley Bank and Signature Bank.

Nellie Liang (Win McNamee/Getty Images)

Politiche

Is This a Crypto Banking Bailout?

It depends on who you ask, but this round of government interventions doesn’t yet resemble the large-scale, taxpayer-involved rescue in the wake of the 2008 financial meltdown.

(John Lund/Getty Images)

Politiche

US Banking Regulators Warn Banks About Crypto Liquidity Risks

The Federal Reserve and other agencies issued another statement about crypto market vulnerabilities as a threat to U.S. banking.

Edificio de la Reserva Federal de Estados Unidos en Washington, D. C. (Jesse Hamilton/CoinDesk)

Finanza

BlockFi Raises Deposit Rates, Eliminates Free Withdrawals

The rate increases across BTC, ETH, USDT and other crypto deposits come after layoffs at the company and a $250 million emergency line of credit from FTX.

Crypto stocks surged after Trump's announcement rebounded the market.(Torsten Asmus/Getty images)

Mercati

BlockFi Rate Cut on Bitcoin Deposits Leaves Rivals Scratching Heads

The decision was made based on "changing market conditions."

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Finanza

Signature Bank Adds $2.5B in Non-Interest Bearing Deposits in Q4

These deposits are seen as a proxy for growth among crypto-industry clients.

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Finanza

Signature Bank Gains $1B Deposits in Q3, With Notable Growth From Stablecoin Issuers

Deposits at crypto-friendly Signature Bank grew by $4.11 billion, an 8% increase, in the third quarter of 2020.

Signature Bank Chairman Scott A. Shay

Mercati

Signature Bank’s Crypto Deposits Grew $1B in Q2

Out of the nearly $8 billion in deposit growth that Signature Bank saw in the second quarter of 2020, $1 billion was raked in by the firm’s digital assets team.

Signature Bank Chairman Scott A. Shay

Finanza

Silvergate Adds 46 More Crypto Clients in Q1 While Existing Customers Increase Deposit Levels

Silvergate Bank added 46 crypto customers in the first quarter and saw fee income and deposits increase from those customers because of “Black Thursday,” according to its earnings report released before market open on Wednesday.

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