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.
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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 stablecoin USDC. 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 Thursday to remove.
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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 trading, Coinbase (COIN).
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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 as the fallout.
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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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Worst Night in History of Crypto? 6 News Items Caused Catastrophe on Market
On March 10, there was a significant sell-off in the cryptocurrency market that quickly destroyed billions of dollars’ worth of value. For the.
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US Fed to Create New Crypto Team amid Concerns About Unregulated Stablecoins
According to a Fed official, the US Federal Reserve will establish a “specialized team of specialists” to monitor changes in the cryptocurrency sector.
