
Article by Steve Kaaru
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18 January, 2023
Metropolitan Bank announces exit from digital asset business
The New York-based Metropolitan Bank says it only had four active institutional digital asset clients who accounted for 1.5% of...
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11 January, 2023
BTC miner Core Scientific to shut down 37,000 mining rigs owned by Celsius Network
Core Scientific has been in dispute with the bankrupt Celsius Network over the mining rigs, with the lender owing $7.8...
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10 January, 2023
US Fed, OCC urge banks to be cautious with digital assets
The two joined the FDIC in issuing a statement saying 2022’s events exposed the vulnerabilities of the sector, urging banks...
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10 January, 2023
Celsius owned the assets in Earn accounts, not the users, judge rules
Pre-bankruptcy, Celsius held $4.2 billion for 600,000 users in Earn accounts, digital assets which the judge ruled it legally owns...
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10 January, 2023
SEC charges former SPAC CFO over $5M digital asset-related scam
SEC claims that Cooper J. Morgenthau stole over $5 million from African Gold Acquisition Corp., which he used to purchase...
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10 January, 2023
ECB seeking stakeholder input on the digital euro rulebook
The European Central Bank officially opened the application for those interested in joining the Rulebook Development Group, with the application...
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