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Banking Giant BNY Mellon Announces Its Long-Term Committment to Digital Assets

BNY Mellon is pushing for digital innovation while focusing on digital assets, not necessarily cryptocurrencies.

United statesMichael demissieRobin vinceRoman regelmanBhushan akolkarBlockchain technologyThree key

SVB and Silvergate are out, but major banks are still backing crypto firms

A number of alternative banking options are still available for crypto firms looking for backing, including a number of banks in Switzerland that have claimed an uptick in activity from the U.S. after the recent crash.

New yorkUnited statesUnited kingdomMichael demissieJake chervinskySilicon valley bankSignature bankCrypto index fundDigital exchangeUnited kingdom financial conduct authorityCustomers bankSilvergate bankAxos bankMercury bankUnited texas bankBlockchain association

BNY Mellon reports increased crypto demand among clients

BNY Mellon reports an increased crypto demand as 90% clients show interest in digital assets and have investment plans.

New yorkUnited statesMichael demissieRoman regelmanNew york mellonAfore consultingAnnual fintechAsset servicing

PayPal Pauses Its Stablecoin Development Amidst Issues with Regulators

It may have been caused by its crypto partner Paxos being scrutinized by the New York Department of Financial Services.

Paypal stablecoinMichael demissieBrian armstrongJustin sullivan gettyYork department of financial servicesExchange commissionPaxos trust companyUs office of the comptrollerGetty imagesNew york departmentNew york basedFederal bankKnow aboutDigital assetsNew york mellon

Kraken s staking down, FTX post-bankruptcy hell, Binance news

Kraken halts staking to U.S. users, FTX new CEO describes 'pure hell' on post-bankruptcy days, and Binance faces banking challenges.

New yorkUnited statesTel avivGusrae kaplan nusbaumMichael demissieJoseph lubinSu zhuHester peirceAaron kaplanMatt houganJustin aversanoAlex jupiterJohn rayRobert joyceGary genslerJoe lubin

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