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Crypto highlighted as ‘novel and complex’ risk to US banks: FDIC report

A leading U.S. financial regulator has sounded the alarm on the looming risks posed by crypto-assets and their associated activities.

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Unprecedented Deposit Exodus in the US: Americans Protecting Wealth Amidst Record-Breaking Numbers

Recent data from the Federal Deposit Insurance Corporation (FDIC) has revealed a startling trend in the United States. Americans are.

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DeFi and the Need for Government-Supported Organizations: A Closer Look

In the US, traditional finance users are protected by government-supported organizations that provide insurance for their deposits, protecting them from.

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New York Regulator Confirms Crypto Did Not Sink Signature Bank

On March 5, NYDFS Superintendent Adrienne Harris revealed at a crypto industry conference that crypto was not the reason of.

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First Mover Asia: Bitcoin Hovers Around $28,000

Has cryptocurrency finally reached its tipping point? Stefan Rust, a crypto investor and CEO of data aggregator TruFlation, suggested that.

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‘How did this happen’ — Powell Says Fed Stumped Over the Collapse of SVB

The chairman of the United States Federal Reserve, Jerome Powell, has admitted that his regulator was caught off guard by.

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‘Operation Choke Point 2.0’ May Have Contributed to SVB’s Collapse: Mulvaney

According to Donald Trump’s former acting White House chief of staff, Mick Mulvaney, if the US government truly implements “Operation.

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Signature Bank Non-Crypto Related Deposits to Be Assumed by New York Community Bancorp Unit: FDIC

Non-crypto related deposits held by the former Signature Bank, which is now known as Signature Bridge Bank, will be assumed.

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FDIC Sells Signature Bank Deposits to Flagstar, Crypto not Included

Signature Bank’s deposits and loans are expected to be sold to Flagstar Bank, a subsidiary of New York Community Bancorp,.

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