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Good Riddance, Martin Gruenberg

Frank Corva -
The FDIC Chairman — one of the main orchestrators of Operation Chokepoint 2.0 — can’t leave fast enough.
BUSINESS

Crypto Exchange Coinbase Sues SEC, FDIC, Alleging Regulatory Overreach

Vivek Sen Bitcoin -
Coinbase sued the SEC and FDIC, accusing the agencies of denying information requests and coordinating efforts to restrict the crypto industry's access to banking services.
MARKETS

U.S. Treasury, FDIC And Federal Reserve Will Guarantee All Deposits At SVB, Signature Bank In Unprecedented Move

BtcCasey -
A joint statement ensured that all customer deposits at the respective banks will be honored by the federal government.
MARKETS

Silvergate Solvency In Question As Crypto Banking Troubles Brew

Dylan Leclair -
Silvergate clients flee as stock price plummets and regulatory questions mount across the industry. Options for crypto banking partners are dwindling.
BUSINESS

LevelField Financial To Become First FDIC-Insured Bank to Offer Traditional Banking And Bitcoin Services

BtcCasey -
LevelField Financial is set to acquire Burling Bank in a move that would enable access to bitcoin for traditional banking customers.
BUSINESS

FDIC Chairman: US Regulators Exploring How Banks Could Hold Bitcoin

Namcios -
Banks' BTC holdings could be used for client trading, as collateral for loans, or held as assets in their balance sheets.
BUSINESS

BlockFi Announces Global Expansion of Its Crypto-Backed Loan Services

Aaron Van Wirdum And Colin Harper -
This expansion will add to its offerings in 46 states of the United States, something that required “quite a bit of work,” according to CEO Zac Prince.
MARKETS

Winklevoss Twins Announce the Launch of Gemini Bitcoin Exchange

Jacob Donnelly -
Investors have been watching and waiting for the launch of Gemini, the bitcoin exchange launched by Cameron and Tyler Winklevoss, since it was first...
BUSINESS

itBit Raises $25 Million, Granted Charter by NYDFS to Operate Nationwide with FDIC Insurance

Andrew Desantis -
Today, international bitcoin exchange itBit announced it had been granted a trust charter by the New York Department of Financial Services (NYFDS) under New...
MARKETS

Bitcoin is Uninsured: A Misconception

Vitalik Buterin -
Faced with the growing need to justify the fees, delays, chargebacks and centralization of power that are behind modern fiat currencies, one argument that...
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