Metropolitan Bank Heads for Crypto Exit

“This decision follows a careful review by the Board of Directors and management and reflects recent developments in the crypto-asset industry, material changes in the regulatory environment reg...

Metropolitan Bank heads for the exits following tough crypto winter

As the crypto winter rages on, Metropolitan Bank Holding (MCB), one of the earliest institutional investors in the digital assets space, says its closing out its crypto-related businesses. Metropolita...

Metropolitan Bank to abandon crypto asset related vertical

Metropolitan Bank Holding Corp., the holding company for the New York-based Metropolitan Commercial Bank (MCB), announced on January 9 that it would close its cryptocurrency unit by 2023. Metropolitan...

Metropolitan Bank Is Fleeing Crypto. Bitcoin Investors Should Be Worried.

Metropolitan Bank Holding (ticker: MCB), one of the earliest banks to delve into digital assets, says it’s closing out the part of its business that catered to crypto firms. It’s a development that sh...

Metropolitan Bank no longer wants anything to do with crypto

According to a press release issued by the New York-based Metropolitan Commercial Bank, also known as “MCB,” the banking institution no longer wants to deal with cryptocurrencies. The bank has said th...

Metropolitan Bank Drops Crypto Following Silvergate Scare

Metropolitan Holding Corp will shutter its crypto vertical as banks’ crypto business lines face increasing scrutiny. The New York-based bank anticipates ending its relationships with institutional cry...

Metropolitan Bank Holding Corp. to Exit Crypto-Asset Related Vertical

NEW YORK–(BUSINESS WIRE)–Metropolitan Bank Holding Corp. (the “Company”) (NYSE: MCB), the holding company for Metropolitan Commercial Bank, today announced that it will fully exit the crypto-asset rel...

Metropolitan Commercial Bank to close crypto vertical

Metropolitan Commercial Bank’s holding company will exit its crypto asset vertical, pointing to the shifting regulatory environment for banks involved in crypto, developments in the industry and busin...

Metropolitan Bank Holding (MCB) exits the crypto market

One of the few US banks to serve the crypto industry, the Metropolitan Commercial Bank, has today announced that it is ending crypto-related services. The bank said that the move was because of the re...

Metropolitan Bank requests court permission to honor withdrawals for Voyager Digital customers

Metropolitan Commercial Bank filed a statement supporting Voyager Digital’s request to honor withdrawals from its For Benefit of Customers (FBO) account on July 30. The filed statement claimed that Vo...

Metropolitan Commercial Bank Supports Voyager to Honor Withdrawals

The Metropolitan Commercial Bank has filed a statement in court saying that it supported the Voyager Digital’s motion to honor withdrawals from the bank’s For Benefit Of (FBO) accounts. The statement ...

Voyager Asks Court to Fulfill Customers’ Withdrawals From Metropolitan Commercial Bank

According to a July 14 court filing, troubled crypto brokerage firm Voyager Digital has asked the New York bankruptcy court to honor customer withdrawals for more than $350 million held by Metropolita...

Metropolitan areas with the most million-dollar homes

Historic row houses in Columbia Heights neighborhood of Washington. amedved | iStock | Getty Images Million-dollar homes aren’t common in the U.S., but you’re more likely to find these pro...