Metropolitan Bank: Exiting Crypto-Related Verticals Almost Complete, Only $217.6M in Crypto Customer Deposits Left

Metropolitan Commercial Bank Fined $30 Million for BSA Violations

Metropolitan Commercial Bank fined $30 million by authorities for its involvement in the misuse of the digital prepaid visa card program.

New York-based Metropolitan Commercial Bank nears full crypto market exit amid industry turmoil

he bank stated that its exit from the crypto sector is nearly finished, while its total core deposits, excluding crypto clients, stood at $4.9 billion.

Crypto Bank Anchorage Digital to Lay Off 20% of its Workforce

Things are not going well for Anchorage Digital. The crypto bank just announced a 20% cut in its staff, citing regulatory uncertainty.

'Crypto Friendly' Bank Silvergate to Wind Down Operations

Blaming "recent industry and regulatory developments," crypto-friendly bank Silvergate announced today that it is winding down operations.

Crypto Exchange Kraken To Launch New Crypto Bank in US Amid Regulatory Issue

US-based crypto exchange Kraken is still launching a new Wyoming-based crypto bank despite the U.S. SEC recent banning of the exchange’s staking service.

Tether Has No Exposure to Sinking Crypto Bank Silvergate, Says CTO

MicroStrategy, Marathon Digital Shares Fall Amidst Crypto Bank Silvergate's Woes

Both companies were sizable borrowers from the lender, though Marathon late last year moved to pay down a portion of its debt.

Starling Bank Boss Attacks Crypto Despite Fintech’s ‘Crypto-Friendly’ Status

Anne Boden is more than skeptical about crypto, as she criticizes their use worldwide. The Goldman Sachs-backed digital bank's CEO ...

Crypto Bank Sues Fed Over 19 Months Delay In Processing Application

Custodia is a digital asset bank located in Wyoming and founded by former Morgan Stanley managing director Caitlin Long. The ...

Crypto bank Custodia sues the Fed over 19 month delay on account approval

Custodia wants to compel the Federal Reserve Board and its Kansas City branch to approve its application for a Fed master account within 30 days.