PlayIconNav
BTC
$66,924.08-0.25%
ETH
$3,080.53-1.45%
BNB
$579.19+0.13%
SOL
$169.57-2.66%
XRP
$0.51435031-1.63%
TON
$6.45-0.38%
DOGE
$0.14984887-3.27%
ADA
$0.47249319-1.58%
SHIB
$0.00002416-2.93%
AVAX
$36.48-2.24%
TRX
$0.12116382-2.21%
Ad

FDIC

(Jason Edwards/Getty Images)
Consensus Magazine
Opinion
Silicon Valley Bank and Signature Bank Reignite ‘Moral Hazard’ Dilemma Bitcoin Was Designed to End
A debate from the 2008 financial crisis resurfaces as the FDIC intervenes to help two troubled institutions with crypto connections.
(Jason Edwards/Getty Images)
By David Z. Morris
Mar 13, 2023 at 7:39 p.m. UTC
Mar 13, 2023
OpinionSilicon Valley BankbankingRegulationFDIC
(John Lund/Getty Images)
Policy
Analysis
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...
(John Lund/Getty Images)
By Jesse Hamilton
Mar 13, 2023 at 7:21 p.m. UTC
Mar 13, 2023
AnalysisBailoutsTreasury DepartmentFederal ReserveFDICBankingDeposits
Silicon Valley Bank was shuttered Friday. (Justin Sullivan/Getty Images)
Policy
Regulations
Silicon Valley Bank Customers Can Fully Access Funds After FDIC Creates New Bridge Bank
Loans and other services will resume on normal schedule Monday following a switch to a new bridge bank, the regulator said
Silicon Valley Bank was shuttered Friday. (Justin Sullivan/Getty Images)
By Jack Schickler
Mar 13, 2023 at 10:33 a.m. UTC
Mar 13, 2023
RegulationsSilicon Valley BankFDICbanks
Jeremy Allaire, chairman and CEO, Circle (CoinDesk)
Finance
Circle
USDC Issuer Circle Says It 'Awaits Clarity' From FDIC on Silicon Valley Bank Collapse
The stablecoin issuer declined to state how much cash is tied up at the collapsed financial institution.
Jeremy Allaire, chairman and CEO, Circle (CoinDesk)
By Danny Nelson
Mar 11, 2023 at 12:05 a.m. UTC
Mar 11, 2023
CircleFDICUSDCSilicon Valley BankStablecoins
Silvergate Bank's woes are slamming the broader crypto market. (Will Foxley/CoinDesk)
Technology
Silvergate
How Silvergate’s Crypto Collapse Differed From Silicon Valley Bank’s: No Bailout
A deep dive into regulatory filings shows how Silvergate Bank's collapse was, in a strange way, the ideal scenario for a failing institution. Sure, shareholders got wiped out,...
Silvergate Bank's woes are slamming the broader crypto market. (Will Foxley/CoinDesk)
By Bradley KeounHelene Braun
Mar 10, 2023 at 10:08 p.m. UTC
Mar 10, 2023
SilvergateSilvergate BankSilicon Valley BankFDICbanking
(CoinDesk)
Policy
Regulations
Crypto Bank Silvergate Announces 'Voluntary Liquidation'
The bank revealed last Wednesday it would have to delay filing its annual 10-K report due to questions from its auditors.
(CoinDesk)
By Nikhilesh De
Mar 9, 2023 at 4:21 a.m. UTC
Mar 9, 2023
RegulationsSilvergate BankFDICFederal ReserveUSliquidation
Silvergate Consulting With FDIC About How to Save Crypto-Focused Bank: Bloomberg
Video
Bloomberg
Silvergate Consulting With FDIC About How to Save Crypto-Focused Bank: Bloomberg
Federal Deposit Insurance Corp (FDIC) officials have been consulting with executives of troubled crypto-focused bank Silvergate Capital (SI) on how to keep the company in busi...
Silvergate Consulting With FDIC About How to Save Crypto-Focused Bank: Bloomberg
By CoinDesk Inc
Mar 8, 2023 at 6:16 p.m. UTC
Mar 8, 2023
BloombergcdtvHash clipFDICSilvergate capitalFederal deposit insurance corpSi
(Tim Grist Photography/GettyImages)
Policy
Regulations
Silvergate's Collapse May Spell Regulatory Trouble for Crypto
Silvergate’s woes are an ill omen for the broader crypto industry.
(Tim Grist Photography/GettyImages)
By Nikhilesh De
Mar 7, 2023 at 11:52 p.m. UTC
Mar 7, 2023
RegulationsNewslettersState of CryptoSilvergateGrayscaleSECFDIC
(Will Foxley/CoinDesk)
Policy
Silvergate
Silvergate Talking With FDIC About How to Save Crypto-Focused Bank: Bloomberg
FDIC examiners met with Silvergate management at its headquarters in California last week.
(Will Foxley/CoinDesk)
By Nelson Wang
Mar 7, 2023 at 11:00 p.m. UTC
Mar 7, 2023
SilvergateFDICUSbanking
(Charlotte Harrison/Unsplash, modified by CoinDesk)
Policy
Analysis
The Rise and Fall of Silvergate’s Crypto Business
The bank’s own data shows the rapid acceleration of its novel crypto-banking business and how leaning into digital assets made it vulnerable to the industry’s drama.
(Charlotte Harrison/Unsplash, modified by CoinDesk)
By Jesse Hamilton
Mar 3, 2023 at 10:02 p.m. UTC
Mar 3, 2023
AnalysisBankingRegulationSilvergate BankFDICUS