2020-4-25 17:50 |
Crypto-friendly Metropolitan Commercial Bank reported $25 million more in deposits from crypto customers in the first quarter of 2020. origin »
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Metropolitan Holding Corp will shutter its crypto vertical as banks' crypto business lines face increasing scrutiny. The post Metropolitan Bank Calls It Quits on Crypto Following Silvergate Scare appeared first on BeInCrypto.
2023-1-10 20:25 | |
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New York-based Metropolitan Commercial Bank (MCB) is to end its cryptocurrency offering, citing recent developments in the crypto industry.
2023-1-9 15:27 | |
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Metropolitan Commercial Bank’s deposits from crypto firms have steadily declined, a sign of heightened competition in a field where the bank was once one of the only games in town.
2020-1-29 01:25 | |
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A new platform called Cashaa has issued a press release about its new crypto-friendly banking services and added USD bank accounts. Cashaa’s platform is simple to navigate and it offers a number of services, including “next generation banking.
2019-11-17 19:30 | |
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Crypto wallet and banking service application Cashaa, has announced the launch of US dollar bank accounts for crypto businesses in partnership with Metropolitan Commercial Bank. Starting from November 25th, those interested can apply for US dollar accounts with full banking features through Cashaa from anywhere in the world, except for sanctioned countries.
2019-11-15 03:55 | |
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Seoul, has taken this love for crypto a step further. The city is launching an S-coin based reward system for citizens using public services.
2019-8-8 23:15 | |
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Local prosecutors in Japan have charged an 18-year old male with cryptocurrency theft. Per a report published in a local news outlet, the Metropolitan Police Department (MPD) of Japan are accusing the young adult of stealing 15 million Yen ($134,310) worth of stealing MonaCoin (MONA)—a Litecoin hard fork.
2019-3-16 11:39 | |
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The Hong Kong based crypto and blockchain startup of Crypto. com announced that it was planning on expanding its prepaid VISA cards to the United States. The MCO Visa Cards are currently only available to residents of Singapore but this is about to change as the Metropolitan Commercial Bank will be rolling out the card service […] The post Crypto.
2018-11-18 20:29 | |
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Crypto. com has decided to enter the US market and juggle with the patchwork of regulations in the US states. The company will be offering its MCO Visa cards to American customers soon. The cards will be issued by the Metropolitan Bank, a New York City-based entity which has a publicly traded parent company – Metropolitan Bank […] The US Will Receive MCO Visa Cards, the New Crypto.
2018-11-16 18:29 | |
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BBC reports that a Swedish man has been jailed for sending a “potentially lethal homemade bomb” to a crypto firm in London. The London Metropolitan Police said that man had become enraged after the firm, Cryptopay, refused to reset his password for him.
2018-11-12 19:09 | |
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A Japanese actress and singer has helped the Tokyo Metropolitan Police Department raise awareness on cybersecurity issues, including cryptocurrencies. She reportedly took on the role of a cybersecurity manager in an event hosted by the department where participants learned about cybercrime countermeasures.
2018-8-30 04:55 | |
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Japan’s Labor Ministry is not hiding its confusion as the Tokyo Metropolitan Government and venture companies requested a deregulation of the Labor Standard Act. Japan has respected the “salaries in cash” principle for 70 years under the Labor Standard Act, however with the proliferation of digital money and salaries paid in cryptocurrencies, withdrawing money from […] The post Japan Labor Ministry Confused as Crypto Salaries Demand Increased appeared first on Bitcoin News.
2018-8-4 21:55 | |
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In an interview released today, Metropolitan Bank’s Chief Technology Officer, Nick Rosenberg, described the New York bank’s interest in acquiring more business for cryptocurrency investors and start-ups.
2018-6-23 21:19 | |
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The Metropolitan Commercial Bank, one of the few crypto friendly banks in the US, has referred to its crypto clientele as ‘pioneers’ and are not thinking of parting ways with the industry any time soon.
2018-6-18 15:27 | |
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These clients include a few exchanges, as well as hedge funds and other crypto investors that bank at Metropolitan because it’s easier to quickly move their money to those exchanges. (To be clear: the bank only handles fiat for customers and does not touch crypto itself.) In the first quarter, cash management and foreign exchange
2018-6-18 09:04 | |
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To most banks in the U.S., cryptocurrency businesses are pariahs. To Metropolitan Commercial Bank in New York, they're "pioneers."
2018-6-18 06:30 | |
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Nellie Liang, the U.S. Treasury Department's undersecretary for domestic finance, doesn’t believe that the digital assets sector should be blamed for the runs on Silicon Valley Bank (SVB) and Signature Bank that led to their quick demise earlier this month.
As the wreckage that started inside crypto banking threatens financial institutions beyond the sector’s border, the federal government is eager to make it clear that it’s not going to let it get out of hand. But is it a bailout?
The Federal Reserve and other U.S. banking agencies are warning banks that crypto poses significant liquidity dangers, according to a joint statement issued Thursday, further reinforcing their campaign to generally steer lenders away from digital assets.
Administrative expenses from the bankruptcy proceedings have already topped $53 million, and continued delays are chipping away at Celsius’ estate.
Bitcoin deposits into exchanges have become a popular on-chain data point, but some say this metric can be misleading.
Deposits at crypto-friendly Signature Bank grew by $4.11 billion, an 8% increase, in the third quarter of 2020.
Out of the nearly $8 billion in deposit growth that Signature Bank saw in the second quarter of 2020, $1 billion was raked in by the firm’s digital assets team.