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Credit Suisse, Switzerland’s second-largest bank, has suffered a significant drop in its share value after its largest investor, Saudi National Bank, withdrew financial support due to regulatory constraints. The bank lost almost…
Cryptocurrency exchange Coinbase has partnered with Standard Chartered to allow customers in Singapore to transfer funds to and from their accounts via local banks. The move is part of Coinbase’s international expansion…
Coinplay is a licensed crypto gambling and betting platform that offers a wide range of sports and esports events to bet on, as well as slots and live games. Launched in November…
New York’s Department of Financial Services (NYDFS) denied that it closed Signature Bank due to its involvement in cryptocurrency. According to a spokesperson, the decision to close the bank was made based…
In response to the controversy surrounding the USDC stablecoin, Binance, the world’s largest cryptocurrency exchange, has converted its $1 billion Industry Recovery Initiative funds into Bitcoin (BTC), Ethereum (ETH), and BNB (Binance…
Over the weekend, concerns arose over $3.3 billion worth of USDC reserves being held at Silicon Valley Bank, which was shut down by the California Department of Financial Protection and Innovation on…
Binance, a leading cryptocurrency exchange, is in search of a new service partner to process British pound transfers on its platform after its current partner, Skrill Limited, announced that it will stop…
Barney Frank, the former congressman and a board member of Signature Bank, has accused regulators of closing down the bank to send an “anti-crypto message.” Signature Bank, the third-largest bank failure in…
Signature Bank, a New York-based bank with numerous cryptocurrency customers, has been closed by state regulators, causing yet another setback for digital assets in the banking industry. The closure follows similar actions…
U.S. company Circle announced on March 14 that its $3.3 billion USDC reserve deposit, which had been held at the collapsed Silicon Valley Bank, would be fully available when U.S. banks opened…
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