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Mar 13 2023

USDC’s ‘Black Swan’ Depegging Could Have Been Avoided With Proper Regulatory Framework

Biden Administration Consensus Magazine FDIC Federal Reserve Opinion sec Stablecoins
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Fissures among the progressive left are primarily responsible for… More…

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Mar 13 2023

Circle Partners With Cross River Bank, Handful of US ‘Crypto-Friendly’ Banks Remain; Okcoin Suspends USD Deposits

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Circle Financial, the issuer of the stablecoin USDC, is partnering… More…

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Mar 13 2023

FDIC Planning to Try Auctioning Silicon Valley Bank Again: WSJ

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The designation of SVB’s failure as a potential systemic threat gives… More…

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Mar 12 2023

NY Regulators Seize Control of Signature Bank, Depositors Assured by Federal Bailout

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On Sunday, the New York Department of Financial Services, or DFS, … More…

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Mar 12 2023

Silicon Valley Bank Failure Highlights Dangers of Fractional-Reserve Banking

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After the failure of Silicon Valley Bank (SVB), a great deal of Americans… More…

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Mar 12 2023

Is the US banking system on the verge of collapse? $620B in unrealized losses unveiled

FDIC Martin Gruenberg News
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According to FDIC Chairman Martin Gruenberg, US banks have over $620… More…

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Mar 11 2023

Circle Issues Update Amid Stablecoin Volatility; Firm Is Prepared to ‘Stand Behind USDC and Cover Any Shortfall’

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On Saturday, March 11, 2023, Circle Financial updated the public … More…

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Mar 11 2023

Bank of England Shuts Down Silicon Valley Bank’s UK Branch After US Regulators Close Parent Company

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After U.S. regulators shut down Silicon Valley Bank (SVB) on Friday,… More…

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Mar 11 2023

$22 Trillion in US Banking System Backed by Just $225 Billion at FDIC: Bitcoin Proponent Gabor Gurbacs

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A strategy advisor at Vaneck/MVIS is highlighting the disparity … More…

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Mar 11 2023

‘Fiat Is Fragile’ — Silicon Valley Bank’s Collapse Sparks Finger-Pointing and Concerns of Contagion

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Silicon Valley Bank (SVB) has become the center of attention after… More…

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