Cryptocurrency
Cryptocurrency
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Silvergate's former CEO and onetime chief risk officer settled allegations that they misled investors about the strength of the bank's anti-money laundering compliance program. Meanwhile, Silvergate's former CFO denied separate allegations by the SEC and vowed to defend himself in court.
July 1 -
The company says the FDIC's "pause letters" to banks and denial of Freedom of Information Act requests are illegal.
June 28 -
The cryptocurrency sector is only the latest in a long line of corporate interests seeking to distort our democracy by converting their financial power into political power.
June 27 -
The Chief Economist at R3 is one of American Banker's 2024 Most Influential Women in Fintech.
June 23 -
Since being tapped to lead the global crypto product team at Visa in June 2019, Sheffield has spearheaded projects like the expansion of the company's stablecoin settlement offerings for merchant acquirers and many others.
June 23 -
As part of a deal with New York Attorney General Letitia James, the cryptocurrency exchange agreed to return more than $50 million in digital assets to investors involved in the now-defunct Gemini Earn program.
June 18 -
Legislation enabling new banklike stablecoin issuers would create direct competition for deposits, with small U.S. banks in the most danger. Where is the pushback from the industry?
June 13 -
Digital assets have never caught on for mainstream payments, but the card network isn't giving up hope. Its latest effort aims to reduce complexity by learning from the successes of digital wallets.
June 10 -
Traditional financial institutions have much to gain from collaboration with digital asset natives — and vice versa. It's time to realize that potential.
June 3 -
Shan Hanes, who led Heartland Tri-State Bank in Kansas until it failed last year, pleaded guilty to one count of embezzlement by a bank officer. He now faces up to 30 years in prison. He is scheduled to be sentenced on Aug. 8.
May 30