In a brief and straightforward message, crypto exchange Gemini denied rumors, saying its banking relationship with JPMorgan remains intact.
Category: Banks
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Dubai-based Bybit is the latest crypto exchange to suspend USD wire transfers claiming partner disruptions.
The bank is discontinuing its crypto payment network, claiming the termination is a risk-based decision.
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Signature Bank and Silvergate reportedly borrowed over $13 billion from the federal home loan system.
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The asset class volatility still poses a challenge to money managers, noted JPMorgan’s head of institutional portfolio strategy.