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Tag: OCC

Crypto bank Anchorage Digital cuts 20% of staff citing regulatory uncertainty

Crypto bank Anchorage Digital announced it would be letting go of 75 employees, representing approximately 20% of its workforce, citing regulatory uncertainty in the...

What’s New in CCP Disclsoures – 4Q22?

Clearing Houses have published their latest CPMI-IOSCO Quantitative Disclosures: Initial margin for ETD at $494 billion is down 10% QoQ and down 3% YoY Initial margin for IRS at $312 billion...

Crypto-Friendly Banks Collapse as Regulatory Pressure Mounts

Because the crypto business continues to develop, it has confronted rising scrutiny from regulators world wide. Latest months have seen the collapse of a...

Silvergate: A postmortem

IntroductionSilvergate bank announced it would begin winding down operations and undergo voluntary liquidation.On March 8, the bank said it was exploring how it could...

US senators write to banking regulators about potential crypto discrimination

4 United States Republican senators led by Invoice Hagerty have written a letter to the heads of federal banking regulatory companies, questioning the ideological...

ETH enters $1.3K price range; declines 10% in the last 24 hours

Ad Ethereum has tumbled more than 10% since trading began on Friday, entering the $1,387 range down more than 71% from its all-time high...

Veteran Crypto Investor Explains Why Silvergate Bank Failed

On Wednesday (March 8), Silvergate Capital Corporation (NYSE: SI), the holding company for Silvergate Bank, announced “its intent to wind down operations and voluntarily...

White House Will ‘Continue Monitoring’ Silvergate Bank Reports: Press Secretary

White House Press Secretary Karine Jean-Pierre has said that the White House is “aware of the situation” regarding troubled crypto bank Silvergate, and will...

Here’s how Binance is mitigating its stablecoin needs after BUSD ban

Binance has turned to a new set of stablecoins in the wake of the United States Securities and Exchange Commission’s (SEC) regulatory action against...

First Mover Asia: Bitcoin Continues to Look East for Strength

Despite worries over future access to U.S. financial lines, bitcoin and ether (ETH) stay relatively flat as Asia’s workday gets underway....

This Week in Coins: Bitcoin, Ethereum Dip as Crypto Market Sheds $58B

It was a week of all-around losses, with holders of the two biggest cryptocurrencies by market capitalization also hit by the bearish price action.Market...

US Regulators and Federal Reserve Issue Joint Warning About Crypto Liquidity Risks

U.S. regulators and the Federal Reserve have issued a joint warning about key liquidity risks associated with crypto assets. However, the regulators clarified that...

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