Crypto-friendly bank

The Federal Deposit Insurance Corporation (FDIC) issued a consent order to Cross River Bank, a crypto-friendly bank with ties to major cryptocurrency firms such as Coinbase Global Inc (NASDAQ: COIN) and Circle (CRYPTO: USDC), concerning alleged "unsafe or unsound banking...

U.S. regulators have been sent to the headquarters of Silvergate Capital Corp. (NYSE: SI) as the cryptocurrency-friendly bank struggles to find a solution to stay in business. The Federal Deposit Insurance Corp. (FDIC) officials have been discussing ways to avoid a shutdown with Silvergate's...