Tag: Banking regulations
Tyler Winklevoss Criticizes Federal Reserve’s Crackdown on Customers Bank
Tyler Winklevoss, co-founder of the crypto exchange Gemini, recently criticized the Federal Reserve's crackdown on Customers Bank, a crypto-friendly bank. He believes that this...
Silvergate Bank Successfully Resolves Federal Reserve Enforcement Action
Silvergate Bank has successfully resolved a Federal Reserve enforcement action after undergoing liquidation to protect its depositors. The action, which began in May 2023,...
Silvergate Settles SEC Lawsuit for $50M; Faces $63M Fine from Fed and California Regulator
Silvergate Capital recently settled a lawsuit with the SEC for $50 million, while facing additional fines of $63 million from the Federal Reserve and...