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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.

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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.

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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.

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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.

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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.

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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.

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FDIC To Hire Legal Counsel With Fintech And Blockchain Expertise

The Federal Deposit Insurance Corporation — a U.S. government agency that provides insurance to banks — is looking to hire.

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