Factbox: Silvergate crisis: Majors in the crypto industry drop struggling lenders
March 2 (Reuters) – A number of cryptocurrency heavyweights including Coinbase Global Inc ( COIN.O ) and Galaxy Digital dropped Silvergate Capital Corp ( SI.N )...
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Crypto exchange Coinbase ditches lender Silvergate
March 2 (Reuters) – Cryptocurrency exchange Coinbase Global Inc ( COIN.O ) cut financial ties with Silvergate Capital Corp ( SI.N ) on Thursday, saying it...
Cryptobank Silvergate sinks after delayed annual report
Silvergate says it may be ‘less than well capitalised’ Shares fall 29.3% before the market March 1 (Reuters) – Shares in Silvergate Capital Corp fell 29%...
Visa, Mastercard pause crypto push in wake of industry meltdown – sources
Feb 28 (Reuters) – U.S. payments giants Visa ( VN ) and Mastercard ( MA.N ) are slowing plans to forge new partnerships with crypto firms...
Cryptoverse: Bitcoin Moves Towards Satoshi’s Payment Dream
Feb 28 (Reuters) – Satoshi Nakamoto would be proud. Youth bitcoin may finally repay its creator’s faith. The 15-year-old cryptocurrency has filled many roles – from...
The trade group argues that the US SEC case unfairly labels cryptos as securities
Feb 22 (Reuters) – Cryptocurrency industry association the Chamber of Digital Commerce is urging a federal court to dismiss a case brought by the U.S. Securities...
Charlie Munger Downplays Taiwan Invasion Risk, Says Crypto Fans Are ‘Idiots’
Feb 15 (Reuters) – Charlie Munger, the longtime business partner of Warren Buffett at Berkshire Hathaway Inc ( BRKa.N ), said on Wednesday that China remains...
Fintech giant’s bad wedding leads to happy divorce
NEW YORK, Feb 14 (Reuters Breakingviews) – Many mergers fail, but executives are rarely humble enough to admit it. At Fidelity National Information Services ( FIS.N...
New York’s financial regulator is targeting companies that mix crypto funds
Jan 23 (Reuters) – New York’s financial regulator will on Monday issue new guidance dictating that companies separate clients’ crypto assets from their own, after alleged...
Tough road ahead for US fintech lenders as default risk rises
Jan 13 (Reuters) – U.S. fintech companies that lend to consumers with impaired credit scores face a tough year as rising defaults and interest rates limit...