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Tag: CRYPHD

  • The US FDIC is telling Signature Bank’s crypto customers to close accounts before April 5

    March 28 (Reuters) – The US Federal Deposit Insurance Corp (FDIC) has informed collapsed lender Signature Bank’s (SBNY.O) crypto clients that they have until April 5 to close their accounts and move their funds. The deposits in question were not part of a rescue deal entered into earlier this month with Flagstar Bank, a unit […]

  • US regulator sues top crypto exchange Binance CEO for ‘intentional evasion’

    CFTC accuses Binance of ‘deliberate evasion’ of federal law Binance’s compliance was ‘ineffective’ under CEO – CFTC CFTC cites practices first reported by Reuters last year March 27 (Reuters) – The world’s largest crypto exchange Binance and its CEO and founder Changpeng Zhao were charged on Monday by the US Commodity Futures Trading Commission (CFTC) […]

  • Silvergate’s deepening crisis shocks crypto stocks

    Silvergate shares close 6.4% lower Bank suspends crypto payment network Fallout is dragging down several crypto stocks March 6 (Reuters) – Shares of Silvergate Capital Corp (SI.N) fell as much as 11% on Monday after the bank suspended its crypto payment network and cast doubt on the viability of its business. The stock closed the […]