Finance

Jan 27 (Reuters) – The U.S. Federal Reserve on Friday rejected crypto-focused Custodia Bank’s application to become a member of the Federal Reserve System, saying the bank’s proposed business model and focus on digital assets […]

ZURICH/LONDON, Jan 26 (Reuters) – FTX has objected to a U.S. Department of Justice request for an independent investigation into the once-prominent crypto exchange’s collapse, saying it is already conducting a wide-ranging probe that includes […]

AMSTERDAM, Jan 26 (Reuters) – The Dutch central bank (DNB) has fined U.S. cryptocurrency exchange Coinbase (COIN.O) 3.3 million euros ($3.6 million) for failing to obtain the correct registration in the Netherlands before offering services.The […]

DUBLIN, Jan 25 (Reuters) – Ireland’s central bank governor urged lawmakers on Wednesday to ban the advertising of crypto assets targetted at young adults, likening crypto not linked to any underlying assets to a Ponzi […]

LONDON, Jan 24 (Reuters) – Crypto giant Binance processed almost $346 million in bitcoin for the Bitzlato digital currency exchange, whose founder was arrested by U.S. authorities last week for allegedly running a “money laundering […]

LONDON, Jan 24 (Reuters) – European Union lawmakers backed a draft law on Tuesday to implement the final leg of post-financial global bank capital rules, adding “prohibitive” requirements to cover risks from cryptoassets.The European Parliament’s […]

Jan 23 (Reuters) – New York’s chief financial regulator is set to release new guidance on Monday dictating that companies separate customers’ crypto assets from their own, after alleged co-mingling of funds at collapsed crypto […]

Lawmakers to vote on tougher shadow bank rulesLawmakers seek to tie ESG with bonusesLawmakers seek to align with global rules on cryptoLONDON, Jan 23 (Reuters) – Banks would have to set aside a punitive amount […]

Jan 20 (Reuters) – As an investment banker, Barry Silbert worked on some of the highest-profile corporate failures. Now, as founder of venture capital firm Digital Currency Group, parent of troubled crypto firm Genesis, he […]

LONDON, Jan 20 (Reuters) – The lending unit of U.S. crypto firm Genesis filed for U.S. bankruptcy protection on Thursday, the latest company toppled by a market rout last year that wiped about $1.3 trillion […]