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A very peculiar headline appeared at Bloomberg News yesterday concerning the collapsing federally-insured bank, Silvergate Bank, which became the go-to financial institution over the past few years for crypto exchanges around the globe. The headline read...
“Insured institutions need to be aware of how FDIC insurance operates and need to assess, manage, and control risks arising from third–party relationships, including those with crypto companies. In addition to potential consumer harm...
One of theworld's largest crypto-asset exchangesis ready for you. Enjoycompetitive fees and dedicated customer supportwhile trading securely. You'll also have access to Binance tools that make it easier than ever to view your trade history, manage auto-investments, view price charts, and make c...
Harrison tweeted on Friday that he deleted that post and didn't mean to indicate that crypto assets stored in FTX are insured by the FDIC, but rather "USD deposits from employers were held at insured banks." "We really didn't mean to mislead anyone, and we didn't suggest that FTX US...
Do Crypto Markets Need Another Stablecoin? As cryptocurrency markets have grown, the role of stablecoins has increasingly become controversial. The role ofTether, the stablecoin issued by cryptocurrency exchange Bitfinex, has come under a cloud after allegations surfaced charging the exchange with artifi...