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.
Late Friday night, the USDC issuer Circle Internet Finance released a statement saying that it “awaits clarity” from federal banking.
On Friday evening, Coinbase made the announcement that it would no longer facilitate currency conversions between US dollars and the.
Circle, a blockchain payment technology startup that also issues USD Coins, acknowledged on March 10 that wire transfers initiated on.
Late on Friday, as the impact from the collapse of Silicon Valley Bank (SIVB) crept into the core of cryptocurrency.
Binance and Coinbase, two of the largest cryptocurrency exchanges, announced on Friday night that they will temporarily suspend USDC conversions.
Coinbase has reassured users that its staking services will continue and “may actually increase” despite the recent crackdown by the.
On March 10, there was a significant sell-off in the cryptocurrency market that quickly destroyed billions of dollars’ worth of.
According to a Fed official, the US Federal Reserve will establish a “specialized team of specialists” to monitor changes in.
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