Deposits

(David Merrett/Flickr)
Big Banks, NY Fed’s Innovation Group See Merit in Digital Ledgers for Global Payments
NY Fed’s innovation center worked with Citi, HSBC and other banks on the concept of a network for wholesale payments on a shared ledger, finding the idea has potential benefit...
(David Merrett/Flickr)

Nellie Liang (Win McNamee/Getty Images)
Top U.S. Treasury Official Says Crypto Had No ‘Direct Role’ In Bank Failures
Treasury Under Secretary Nellie Liang told House lawmakers the crypto industry wasn’t a central factor in the wipeouts of Silicon Valley Bank and Signature Bank.
Nellie Liang (Win McNamee/Getty Images)

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Is This a Crypto Banking Bailout?
It depends on who you ask, but this round of government interventions doesn’t yet resemble the large-scale, taxpayer-involved rescue in the wake of the 2008 financial meltdown...
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Banking regulators issued another warning about crypto. (Jesse Hamilton/CoinDesk)
US Banking Regulators Warn Banks About Crypto Liquidity Risks
The Federal Reserve and other agencies issued another statement about crypto market vulnerabilities as a threat to U.S. banking.
Banking regulators issued another warning about crypto. (Jesse Hamilton/CoinDesk)

BlockFi is set to offer higher yields on deposits. (Torsten Asmus/Getty images)
BlockFi Raises Deposit Rates, Eliminates Free Withdrawals
The rate increases across BTC, ETH, USDT and other crypto deposits come after layoffs at the company and a $250 million emergency line of credit from FTX.
BlockFi is set to offer higher yields on deposits. (Torsten Asmus/Getty images)

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BlockFi Rate Cut on Bitcoin Deposits Leaves Rivals Scratching Heads
The decision was made based on "changing market conditions."
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Signature Bank Adds $2.5B in Non-Interest Bearing Deposits in Q4
These deposits are seen as a proxy for growth among crypto-industry clients.
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Signature Bank Gains $1B Deposits in Q3, With Notable Growth From Stablecoin Issuers
Deposits at crypto-friendly Signature Bank grew by $4.11 billion, an 8% increase, in the third quarter of 2020.
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Signature Bank’s Crypto Deposits Grew $1B in Q2
Out of the nearly $8 billion in deposit growth that Signature Bank saw in the second quarter of 2020, $1 billion was raked in by the firm’s digital assets team.
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Silvergate Adds 46 More Crypto Clients in Q1 While Existing Customers Increase Deposit Levels
Silvergate Bank added 46 crypto customers in the first quarter and saw fee income and deposits increase from those customers because of “Black Thursday,” according to its earn...
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