[ad_1] On Sunday evening, March 19, 2023, at 5:00 p.m. Eastern Time, the US Federal Reserve, along with several central banks including the Bank of England, Bank of Canada, Bank of Japan,…
Category: Collapse
Chair of EU Parliament’s Committee on Budgets Calls for Crypto Ban Amid Banking Turmoil – Regulation Bitcoin News
[ad_1] A member of the European parliament has urged the authorities to impose a cryptocurrency ban citing the current crisis in the banking sector. Johan Van Overtveldt, former finance minister of Belgium,…
NFT Trading Volumes Plunge After Silicon Valley Bank Collapse
[ad_1] Non-fungible tokens, or NFTs, have been a hot topic in the crypto and arts world lately, with some NFT art selling for millions of dollars. NFTs are unique digital assets authenticated…
Crypto users turned to DEXs, loaded up on USDC after Silicon Valley Bank crash
[ad_1] The collapse of Silicon Valley Bank (SVB) saw investors load their bags with USD Coins (USDC), along with an exodus of funds from centralized exchanges (CEX) to decentralized exchanges (DEX). Outflows…
Republican Congressman Tom Emmer Queries FDIC on Alleged Efforts to Purge Crypto Activity from US – Bitcoin News
[ad_1] On Wednesday, Tom Emmer, the US Republican congressman from Minnesota, revealed he sent a letter to Martin Gruenberg, chairman of the Federal Deposit Insurance Corporation (FDIC), regarding reports that the FDIC…
US DOJ and SEC launch inquiries into Silicon Valley Bank collapse
[ad_1] The sudden collapse of Silicon Valley Bank (SVB) has caught the attention of the US Department of Justice (DoJ) and the Securities and Exchange Commission (SEC), which have launched an investigation…
British Bank Natwest Implements New Limits on Cryptocurrency Payments to Combat UK Crypto Scams – Bitcoin News
[ad_1] On 14 March 2023, UK-based bank Natwest Group announced new limits on cryptocurrency payments, citing crypto scams costing UK consumers £329m annually. The limit imposed on crypto exchanges is £1,000 daily…
Federal Investigators Probe Silicon Valley Bank Collapse; SVB and Top Execs Sued by Shareholders – Bitcoin News
[ad_1] Silicon Valley Bank’s parent company, SVB Financial Group, and two senior executives have been sued by shareholders after SVB collapsed last Friday. The proposed class action accuses the SVB of hiding…