United States

Silvergate Bank enters liquidation; Signature in short-seller sights
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10 March, 2023

Silvergate Bank enters liquidation; Signature in short-seller sights

Silvergate Capital Corporation cites the recent regulatory developments for its decision to liquidate the bank, while Signature stresses its ties...
Crypto’s US banking access more uncertain than ever
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8 March, 2023

Crypto’s US banking access more uncertain than ever

Silvergate has been living on borrowed time since it failed to file its latest financial report with the U.S. Securities...
Alameda sues Grayscale, Digital Currency Group and Barry Silbert over GBTC mismanagement
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8 March, 2023

Alameda sues Grayscale, Digital Currency Group and Barry Silbert over GBTC mismanagement

The complaint accuses Grayscale and Digital Currency Group of “brazen abuse of their control over nearly $19 billion of digital...
Miami-based BKCoin shut down over alleged $100M digital asset Ponzi scheme
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7 March, 2023

Miami-based BKCoin shut down over alleged $100M digital asset Ponzi scheme

The U.S. securities regulator has obtained an asset freeze, appointed a receiver, and acquired other emergency relief against BKCoin and...
South Dakota amendment proposal prohibits use of digital currency as money
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7 March, 2023

South Dakota amendment proposal prohibits use of digital currency as money

If the proposed bill fulfills the legislative requirements, the amendments are expected to come into effect on July 1, 2024.
SEC’s accounting policy puts digital asset investors at greater risk, US lawmakers say
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6 March, 2023

SEC’s accounting policy puts digital asset investors at greater risk, US lawmakers say

Two Republican legislators wrote to the Fed, OCC, and FDIC, criticizing SAB 121 which was released a year ago; they...
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