![Swiss regulator forces crypto-friendly FlowBank into bankruptcy Swiss regulator forces crypto-friendly FlowBank into bankruptcy](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMDYvNGFhYmJjMmEtNjFhYi00Mjc0LTljNmMtOTJiNGYxMDBlZGJmLmpwZw==.jpg)
The Swiss-based bank had ties to the TrueUSD stablecoin issuer, Techteryx, crypto asset manager CoinShares and reportedly Binance. Source link
![Crypto-friendly Rep. Tom Emmer pursues nomination for House speaker Crypto-friendly Rep. Tom Emmer pursues nomination for House speaker](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-10/bfde2358-3b61-4ffe-8655-c8e70a3e830d.jpg)
Crypto-friendly Republican Representative Tom Emmer is pursuing a nomination to become speaker of the United States House of Representatives, with the 62-year-old receiving endorsement from multiple lawmakers. Representative Patrick McHenry continues to oversee…
![Crypto-Friendly Banks Collapse as Regulatory Pressure Mounts Crypto-Friendly Banks Collapse as Regulatory Pressure Mounts](https://s32659.pcdn.co/wp-content/uploads/2023/02/crypto-regulation-wherelegal.jpg.optimal.jpg)
As the crypto industry continues to grow, it has faced increasing scrutiny from regulators around the world. Recent months have seen the collapse of several high-profile crypto-friendly banks, including FTX, Celsius, and Silvergate….
![Crypto-friendly bank ends loans backed by crypto mining rigs Crypto-friendly bank ends loans backed by crypto mining rigs](https://s3.cointelegraph.com/uploads/2023-02/7f79cf65-dca0-483c-bf98-370b76f93fea.jpg)
The holding company for the crypto-friendly bank, BankProv, has revealed it’s no longer providing loans secured by cryptocurrency mining rigs after writing off $47.9 million in loans primarily secured by them throughout 2022….