A survey of 550 global businesses and technology executives reveals that investment in metaverse objectives will…
Tag: firms
Private equity firms Apollo and KKR among those reviewing Silicon Valley Bank loans
People wait outside the Silicon Valley Bank headquarters in Santa Clara, CA, to withdraw funds after…
Cryptocurrency Firms Deny Exposure to Troubled US Banks
In recent years, the cryptocurrency industry has seen significant growth, with new exchanges, wallets, and other…
Banking Crisis in U.S. Likely to Push Crypto Firms Offshore
“Bank Frick is reviewing every new onboarding case individually. We apply and have always applied the…
SVB and Silvergate are out, but major banks are still backing crypto firms
Over the last week, the collapse of three of the largest banks backing the crypto scene…
Crypto Firms Announce Funds Caught in Signature Bank Closure
Coinbase announced that it had about $240 million in corporate funds at Signature Bank, but expects…
U.S. Crypto Firms Explore European Banking Partners Amid Financial Crisis
The recent banking crisis in the U.S., which resulted in losing three crypto-friendly banks, Silvergate Capital,…
Crypto Firms Report Funds Tied Up with Shuttered Signature Bank
On March 12, New York regulators and the United States Federal Deposit Insurance Corporation shut down…
Three Major Crypto Firms are Victims of Signature Bank Debacle
Signature Bank has been shut down by the New York Department of Financial Services. Crypto firms…
UK regulators moving “at pace” to deliver a plan for tech firms hurt by SVB collapse
A plan to rescue startups and tech companies affected by the Silicon Valley Bank collapse is…
Roku Among Most-Exposed Firms With Assets Caught in SVB Failure
(Bloomberg) — Of the companies listing assets caught up in the collapse of Silicon Valley Bank…
SVB Draws Support From More Than 100 Venture Firms, Investors
(Bloomberg) — More than 100 venture capital and investing firms have signed a statement supporting Silicon…
Circle, BlockFi may have exposure to Silicon Valley Bank; other firms deny exposure
Ad California-based Silicon Valley Bank (SVB), a unit of SVB Financial Group, has been shut down,…
Silicon Valley Bank Shares Halted After Plunging 64% In Pre-Market—VC Funds Tell Firms To Withdraw Funds
Topline Shares of Silicon Valley Bank Financial Group were halted after plunging further in pre-market Friday,…
Silicon Valley Bank Shares Drop 64% In Pre-Market As VC Funds Tell Firms To Withdraw Funds
Topline Shares of Silicon Valley Bank Financial Group plunged further in pre-market Friday, after it took…
SEC Chair Gary Gensler Calls for Crypto Firms to Comply with Regulations
Gary Gensler, the newly-appointed chair of the US Securities and Exchange Commission (SEC), has emphasized the…
U.S. Treasury Department Proposes 30% Excise Tax on Crypto Mining Firms
“The increase in energy consumption attributable to the growth of digital asset mining has negative environmental…
Grayscale CEO breaks down his firm’s legal strategy against the SEC
Episode 20 of Season 5 of The Scoop was recorded remotely with The Block’s Frank Chaparro and…
Silvergate Stock’s Decline and Its Connection With Other Firms
Silvergate Capital’s stock fell 43% on Thursday. The bank is a leading crypto-friendly bank. The Silvergate…
Crypto Firms in India Now Considered ‘Reporting Entities’ on Par With Banks
19 seconds ago | 2 mins read Bitcoin News Know Your Customer standards will become more…
India’s Crypto Firms Get ‘Reporting Entities’ Status Like Banks
Although the Indian government and central bank have been critical of the crypto market, they are…
Thailand Woos Crypto Firms With $1 Billion Tax Waiver
Thailand will not charge companies raising capital through Initial Coin Offerings income and value-added tax as…
Thailand Woos Crypto Firms With $1 Billion Tax Waiver
Thailand will not charge companies raising capital through Initial Coin Offerings income and value-added tax as…
Thailand Excludes Firms Issuing Digital Tokens From Taxation
46 seconds ago | 2 mins read Bitcoin News Thai Cabinet decided to provide tax benefits…
Five of the nine SEC-registered crypto firms are now gone, documents show
On March 1, the U.S. Securities and Exchange Commission (SEC) staff published a list of cryptocurrency…
You Can’t Trust Crypto Firms Until They Get Federal Oversight
“We won’t be able to know which players are trustworthy and which aren’t until a credible…
Cutting Off Access To USD For Crypto Firms Is Deliberate, Matrixport
Last week, news quickly circulated that Silvergate Bank, a crypto-friendly bank, was in hot water and…
Ripple Survey Says Overwhelming 97% of Payments Firms Believe That Crypto Could Facilitate Faster Payments
A new survey from Ripple and payments organization Faster Payments Council (FPC) shows that leading payments…
50% of Payment Firms See Merchants Embracing Crypto Settlements Within 3 Years (Survey)
A joint study conducted by Ripple and the Faster Payments Council (FPC) estimated that more than…
Bybit Pauses USD Deposits as US Crackdowns on Crypto Firms
The crypto exchange Bybit has paused US Dollar (USD) deposits due to “service outages” from partners. Is…
UAE Emirate to Launch Free Zone for Digital Asset Firms
Ras Al Khaimah, one of the seven Emirates that make up the United Arab Emirates (UAE),…