Sen. Warren calls out ‘sham audits’ while SVB threatens crypto bankruptcy
Elizabeth Warren and Ron Wyden, both of the United States Senate, have submitted a request to the Public Company Accounting Oversight Board (PCAOB).
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Blockchain News
USDC Issuer Circle Says it ‘Awaits Clarity’ From FDIC on Silicon Valley Bank Collapse
Late Friday night, the USDC issuer Circle Internet Finance released a statement saying that it “awaits clarity” from federal banking regulators regarding the.
Crypto News
Coinbase halts conversion feature between U.S. dollars and USDC
On Friday evening, Coinbase made the announcement that it would no longer facilitate currency conversions between US dollars and the stablecoin USDC. The.
Crypto News
Breaking: Circle discloses $3.3B tied up at Silicon Valley Bank
Circle, a blockchain payment technology startup that also issues USD Coins, acknowledged on March 10 that wire transfers initiated on Thursday to remove.
Blockchain News
Coinbase Pauses Conversions Between USDC and U.S. Dollars as Banking Crisis Roils Crypto
Late on Friday, as the impact from the collapse of Silicon Valley Bank (SIVB) crept into the core of cryptocurrency trading, Coinbase (COIN).
Crypto News
Coinbase, Binance Suspend USDC Conversions as Dollar Peg Wobbles
Binance and Coinbase, two of the largest cryptocurrency exchanges, announced on Friday night that they will temporarily suspend USDC conversions as the fallout.
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On the FDIC’s list of priorities for 2022, evaluating crypto risks is included
The Federal Deposit Insurance Corporation (FDIC) has put assessing crypto-asset risks at the top of its priority list for the coming year. In.
Crypto News
FDIC To Hire Legal Counsel With Fintech And Blockchain Expertise
The Federal Deposit Insurance Corporation (FDIC) — a U.S. government agency that provides insurance to banks — is looking to hire a legal.