Banks
The U.S. government's regulatory strategy towards crypto firms
US officials reportedly discourage banks from serving the bitcoin business.
DekaBank to Launch Blockchain-Based Tokenization Platform
German asset management DekaBank is cooperating with Metaco to build a tokenization platform but won't trade Bitcoin.
A group of nine banks has invested $45 million in Carbonplace
The independent UK Carbonplace organization will start later this year under CEO Scott Eaton.
Indonesia's Ministry of Trade is reportedly aiming to roll out a national crypto exchange
Indonesian Trade Minister Zulkifli Hasan has set a June 2023 start date for its crypto exchange.
HSBC is looking for a top executive to work with asset tokenization
The Tokenisation Director would "create and execute" a worldwide tokenization proposal.
BankProv Stops Offering Loans Secured by Crypto Mining Rigs
BankProv said in an SEC filing that it would no longer lend against crypto mining machines.
US senators write to Silvergate Capital for answers on FTX collapse
Senators Elizabeth Warren, Roger Marshall, and John Kennedy stated Silvergate had not adequately addressed its improper management of FTX customer cash.
Silvergate Bank Suspends Dividend Payments to Preserve Liquidity
Silvergate's board "shall re-evaluate the payment of quarterly dividends as market circumstances change."
Custodia Bank's Application to Join Federal Reserve Rejected
Custodia, a digital asset bank, was denied membership in the Federal Reserve System.
The Federal Home Loan Banks System is lending to cryptocurrency
The FHLB is lending billions to two of the top bitcoin banks. According to WSJ, FHLB loans might minimise cryptomarket outflows.