Crypto News

Janet Yellen Grilled on Bank Failures, Proposes Only Banks With Systemic Risks Get Refunded

Following the failures of Silicon Valley Bank and Signature Bank, bank regulators rushed to make all depositors whole. This includes deposits made through.

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Crypto News

Crypto Must Do Better to Be Banked, Say Industry Executives

Crypto’s go-to bank Silvergate’s voluntary collapse and government efforts to seize Silicon Valley Bank shook the industry. Depositors will be compensated, but the.

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Crypto News

BCB Group Pauses US Dollar Payments Pilot after Signature Bank Closure

After the closure of Signature Bank earlier today by regulators, BCB Group, a London-based supplier of payment services and business accounts for cryptocurrency.

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Crypto News

100% Of USDC Reserves Are Safe As U.S. Gov’t Bails Out Silicon Valley Bank

Financial markets have been tumultuous. In particular, for USDC stablecoin and Silicon Valley Bank and its stakeholders, since the lender went from robust.

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Bitcoin News

USDC Tumbles to $0.93 as Circle Reveals $3.3 Billion Held at SVB, Tether and Binance Not Exposed

Market players are concerned about Silicon Valley Bank‘s (SVB) contagion after Friday’s second-largest bank collapse (SVB). Venture capitalists and crypto executives discussed the.

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Crypto News

Coinbase reiterates that staking services will continue, despite SEC crackdown

Coinbase has reassured users that its staking services will continue and “may actually increase” despite the recent crackdown by the U.S. Securities and.

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Crypto News

An anti-crypto legislator claims that too much power and money preclude an outright ban

According to the Los Angeles Times, U.S. Congressman Brad Sherman, who chairs a House subcommittee on investor safety and is a major crypto.

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Crypto News

Dhruv Rathee Promotes PNP Coin As a Regulated Crypto: Insights

Dhruv Rathee promotes PNP coin as a regulated crypto which has created ruckus in the community. No clear regultory framework yet for crypto.

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Crypto News

Singapore Takes Down Upon Crypto Via Regulation: The Future Ahead!

Singapore clamps crypto and what it means for the industry. Will regulation put crypto in thaw or help the market mature further.

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Crypto News

Paraguay has passed legislation to control cryptocurrency mining and trade

With a 40-12 vote, Paraguay’s second body of Congress (the Chamber of Deputies) adopted a bill that would regulate cryptocurrency mining and trade,.

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