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Mar 12 2023

USDC bounces back toward $1 peg after Fed announcement

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Positive developments concerning Circle’s $3.3 billion worth of… 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

Breaking news: US government releases major update for Silicon Valley Bank depositors

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Silicon Valley Bank depositors will have access to their money starting… More…

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Mar 12 2023

US Fed announces $25B in funding to backstop banks

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The Federal Reserve established a funding program for banks, making… More…

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Mar 12 2023

Bank of London makes bold move to acquire Silicon Valley Bank’s U.K. subsidiary- Here’s what you need to know

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The Bank of London, a global clearing institution, has submitted … More…

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Mar 12 2023

Ripple Had ‘Some Exposure’ to Silicon Valley Bank, Says CEO

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Ripple, best known for its connection to XRP, kept some capital at… 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

New Bank Run Already Underway at Second Regional Bank After SVB Collapse, Says Investor David Sacks

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Former PayPal executive, tech investor and entrepreneur David Sacks… 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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