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Incoming crypto czar Sacks says 'Choke Point' crackdown 'needs to be looked at'

Chris Lane critiques regulators for Silvergate Bank's collapse, asserting their restrictions destroyed its business model as the bank voluntarily liquidated amid a banking crisis affecting the crypto sector.

theblock.co • 07/12/2024 - 16:16 PM

COINBASE FDIC

FDIC asked financial institutions to pause crypto-related activity according to letters obtained through Coinbase lawsuit

FDIC requested banks to pause crypto activities, alleging regulatory uncertainty; Coinbase sues for transparency while raising concerns about government interference in the crypto sector.

theblock.co • 06/12/2024 - 18:56 PM

2024 ELECTIONS CONGRESS FDIC FEDERAL RESERVE HOUSE FINANCIAL SERVICES COMMITTEE OCC

Rep. French Hill pledges to investigate debanking following crypto executives' complaints

Rep. French Hill plans to investigate debanking in the crypto industry, while discussions on stablecoin regulations continue, amid pressures on banks regarding crypto accounts.

theblock.co • 04/12/2024 - 18:59 PM

2024 ELECTIONS BRIAN ARMSTRONG CAMERON &AMP; TYLER WINKELVOSS COINBASE DONALD TRUMP ELON MUSK FDIC FEDERAL RESERVE GEMINI JESSE POWELL KRAKEN SEC

Crypto execs open up about debanking experiences following Trump's US election win

Following a16z co-founder Marc Andreessen’s recent interview on Joe Rogan’s podcast, several crypto execs opened up about their debanking experiences. The industry expects a more friendly incoming administration under Donald Trump following various pro-crypto campaign pledges, including shutting down “Operation Choke Point 2.0.”

theblock.co • 29/11/2024 - 13:20 PM

BITSTAMP ETHEREUM FDIC JPMORGAN PAYMENTS SEC XRP

Ripple names Bitstamp, Bitso and Bullish among exchange partners ahead of stablecoin launch

Ripple partners with key exchanges for its stablecoin RLUSD launch, designed for enterprise use, integrating into Ripple's payment network, with an advisory board for market guidance.

theblock.co • 15/10/2024 - 12:00 PM

2024 ELECTIONS BANKRUPTCY FILINGS BITCOIN CRYPTO BANKS AND LENDERS ETHEREUM FDIC FEDERAL RESERVE MINING COMPANIES OCC SEC

The Daily: Harris' first remarks on crypto, Silvergate exec reveals reasons behind shutdown, Bitfarms-Riot reach settlement agreement and more

Kamala Harris discusses crypto at a fundraiser while Bernstein highlights need for clarity. Silvergate's shutdown, Ether's performance, and Bitfarms/Riot settlement are also key topics.

theblock.co • 23/09/2024 - 17:14 PM