Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,410,454,655,501.39
  • 24h Vol: $53,106,111,838.43
  • BTC Dominance: 56.58%

Cross River Bank

report:-binance-us-struggles-to-secure-banking-partner-amid-regulatory-crackdown-on-crypto-industry

Report: Binance US Struggles to Secure Banking Partner Amid Regulatory Crackdown on Crypto Industry

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Following the collapse of Silvergate Bank, Silicon Valley Bank, and Signature Bank, cryptocurrency companies have been seeking new banking partners in the United States. According to a recent report citing “sources familiar with the matter,” Binance US, the American subsidiary of the cryptocurrency exchange, is having difficulty finding a U.S. banking partner. Unnamed Sources Say […]

Report: Binance US Struggles to Secure Banking Partner Amid Regulatory Crackdown on Crypto Industry Read More »

circle-partners-with-cross-river-bank,-handful-of-us-‘crypto-friendly’-banks-remain;-okcoin-suspends-usd-deposits

Circle Partners With Cross River Bank, Handful of US ‘Crypto-Friendly’ Banks Remain; Okcoin Suspends USD Deposits

Leave a Comment / ACH, banking partner, banking partners, Banking system, Bankprov, Bitcoin, bridge banks, Circle Financial, Coinbase, corporate funds, Cross River Bank, Crypto Hacked, crypto industry, crypto-friendly banks, Cryptocurrency, Customer Funds, Customers Bank, deposits, Ethereum, Evolve Bank & Trust, FDIC, federal bailout, First Foundation Bank, Jeremy Allaire, Joe Biden, Larry Cermak, nation, new banking partners, News, OKcoin, Parity, Quontic bank, Reassurance, scramble, Signature Bank, Silicon Valley Bank, Stablecoin, Sutton Bank, U.S. exchange, U.S. Federal Reserve, U.S. president, US Dollar, USD, USDC, wire transfers / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Circle Financial, the issuer of the stablecoin USDC, is partnering with Cross River Bank after its former settlement partner, Signature Bank, was closed by New York regulators, according to a statement from CEO Jeremy Allaire. “The 1:1 redeemability of all USDC in circulation is of paramount importance to Circle,” Allaire emphasized. Crypto Firms Scramble for

Circle Partners With Cross River Bank, Handful of US ‘Crypto-Friendly’ Banks Remain; Okcoin Suspends USD Deposits Read More »