Ivan Kachkovski News Today

The global banking sector was thrown into turmoil by Friday's collapse of Silicon Valley Bank, which sent global bank stocks plunging on Monday on concern about further contagion.

Switzerland-based Arab Bank said it saw an increase in US firms seeking to open accounts.

U.S.-based crypto firms are trying to open Swiss bank accounts after the collapse of two U.S.

Cryptocurrency heavyweights including Coinbase Global Inc. and Galaxy Digital on Thursday dropped Silvergate Capital Corp. as their banking partner after the lender's latest filing raised questions about its ability to stay in business.

Cryptocurrency heavyweights including Coinbase Global Inc and Galaxy Digital on Thursday dropped Silvergate Capital Corp as their banking partner after the lenders latest filing raised questions

WASHINGTON, Feb 14 — The firm behind Binance’s stablecoin, Paxos Trust Company, said the US Securities and Exchange Commission (SEC) has told the company it should have...

Announcement comes after NYDFS said in a consumer alert it has ordered Paxos to stop minting Binance

WASHINGTON/LONDON — The firm behind Binance’s stablecoin, Paxos Trust Company, said the U.S. Securities and Exchange Commission (SEC) has told the company it…

SEC has told the company that it should have registered the product as a security.

Paxos says it would stop issuing new Binance USD, which is backed by traditional cash and US Treasury bills