[ad_1] A wave of customer complaints about freezing accounts at popular US banks has reportedly prompted a review from the Better Business Bureau. For the second week in a row, a group…
Category: Bank
Crypto Bank Anchorage Digital Slashes 20% Workforce Citing Regulatory Uncertainty
[ad_1] San Francisco-based cryptocurrency bank Anchorage Digital has decided to cut back nearly 20% of its workforce citing the uncertain crypto regulatory landscape in the United States. The digital asset sector is…
Should I Keep My Money in Bitcoin or a Bank?
[ad_1] The US government is in the business of bailing out banks. [ad_2] Source link
Crypto Firms Announce Funds Caught in Signature Bank Closure
[ad_1] Coinbase announced that it has approximately $240 million of enterprise funds in Signature Bank, but expects a full recovery of all funds. Several crypto firms, including Paxos, have disclosed their level…
Bank Collapses Underscore G-20 Hesitance on Crypto: Source
[ad_1] The recent collapse of crypto banks only underscores the Group of 20 (G-20) hesitancy on crypto assets, said high-ranking G-20 sources. [ad_2] Source link
BTC, USDC Soar After Government Promises to Rescue All Silicon Valley Bank Depositors
[ad_1] The US government’s largest financial regulators issued a joint statement Sunday promising to bail out every last depositor at Silicon Valley Bank (SVB) — even those not fully covered by federal…
Why Deposit Insurance Didn’t Help Silicon Valley Bank
[ad_1] A sign to Silicon Valley Bank is seen through raindrops on a window in Santa Clara, California, Friday, … [+] March 10, 2023. The Federal Deposit Insurance Corporation foreclosed on Silicon…
Circle discloses $3.3B tied up at Silicon Valley Bank
[ad_1] On March 10, Blockchain payment technology company Circle confirmed that a cable initiated Thursday to clear balances had not been processed, leaving $3.3 billion of the $40 billion USDC in reserve…