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Circle Partners With Cross River Bank, Handful of US ‘Crypto-Friendly’ Banks Remain; Okcoin Suspends USD Deposits

March 14, 2023 Off

Circle Companions With Cross River Financial institution, Handful of US ‘Crypto-Pleasant’ Banks Stay; Okcoin Suspends USD Deposits

Circle Monetary, the issuer of the stablecoin USDC, is partnering with Cross River Financial institution after its former settlement companion,…

Bank of England Shuts Down Silicon Valley Bank’s UK Branch After US Regulators Close Parent Company

March 12, 2023 Off

Financial institution of England Shuts Down Silicon Valley Financial institution’s UK Department After US Regulators Shut Mum or dad Firm

After U.S. regulators shut down Silicon Valley Financial institution (SVB) on Friday, the Financial institution of England has closed the…

Report: Hong Kong Residents Lost More Than 6 Million to Crypto Scams in 2022

March 9, 2023 Off

Report: Hong Kong Residents Misplaced Extra Than $216 Million to Crypto Scams in 2022

In keeping with Hong Kong police, in 2022 there have been 2,336 reported crypto scam-related instances wherein greater than $216.6…

Coinbase Severs Ties With Silvergate Bank Amidst JPMorgan Downgrade and Delayed SEC Filing

March 3, 2023 Off

Coinbase Severs Ties With Silvergate Financial institution Amidst JPMorgan Downgrade and Delayed SEC Submitting

On March 2, 2023, the cryptocurrency trade Coinbase introduced that, in gentle of current developments, the corporate is “not accepting…