January 18, 2023

Silvergate Bank Just Tarnished its Sterling Reputation with a Bailout

Silvergate Bank logo artwork

Getting its start in San Diego in 1988, Silvergate Bank is a savings & loan association. The institution advertises itself as a “leading provider of innovative financial infrastructure solutions and services” for the crypto industry. Essentially, it is a fintech representing over 1,300 digital currency projects. Silvergate boomed along with the rest of the industry. […]

November 16, 2022

New Crypto Bank “FV” Opens In Puerto Rico

FV Bank opens in Puerto Rico

FV (Fintech Ventures) Bank has opened its doors in the US territory of Puerto Rico–the first bank in the territory to offer a digital asset custody service.  The crypto-friendly banking institution has been regulatory approved to offer settlements between digital assets and fiat currencies. It is the first US-regulated depository and custodial bank with an […]

October 18, 2022

MasterCard Sides With Paxos To Introduce Cryptocurrency Trading On Banking Platforms

MasterCard, the second-largest payment-processing corporation in the world, recently announced a new program that aims to facilitate cryptocurrency trading in banking platforms. In the program named “MasterCard Crypto Source”, the institution would serve as a “bridge” between ordinary banks and Paxos, a cryptocurrency trading platform that PayPal currently uses to provide related services. Alongside Paxos, […]