Banks are bringing systemic risks to crypto, says Circle’s Disparte

The recent U.S. bank failures are proof that the banking system is introducing systemic risks to the crypto industry, not vice versa, says Circle chief strategy officer Dante Disparte.

• 2023-03-14
• Circle Internet Financial USDC crypto Silicon Valley Bank banking system systemic risks Dante Disparte market capitalization SVB Signature Bank

Coinbase, Gemini and other big crypto names have rushed to ditch Silvergate after the bank warned of building troubles

Some of the biggest names in crypto have backed away from lender Silvergate Capital after the key digital-currency player warned it's having to evaluate its ability to survive.

• 2023-03-03
• Circle Internet Financial Silvergate Capital Silvergate Coinbase digital assets digital currencies crypto world Galaxy Digital Holdings

Circle joins Crypto.com, Coinbase in cutting ties with embattled crypto bank Silvergate

USDC issuer Circle said Friday that it is withdrawing from “certain services that involve” California-based cryptocurrency bank Silvergate.

• 2023-03-03
• Circle Internet Financial Silvergate FTX U.S. Securities and Exchange Commission Silvergate Capital