[ad_1] United States Federal Reserve Chair Jerome Powell has admitted that his regulator was blindsided by the sudden collapse of Silicon Valley Bank (SVB), despite being under their watch. In a press…
Category: Elizabeth Warren
U.S. Senate’s Warren Calls for Crackdown on ‘Sham’ Crypto Audits
[ad_1] The Public Company Accounting Oversight Board (PCAOB), which is authorized and overseen by the U.S. Securities and Exchange Commission (SEC) and funded by audited public companies, acknowledged the potential problems with…
This Crisis Will Define the Future of Money
[ad_1] The recent collapses of three high-profile banks – Silicon Valley Bank, Silvergate Bank and Signature Bank – have caused alarming outflows at hundreds of regional banks. Now, with the US Federal…
Signature Bank Collapsed Because It Embraced Crypto Customers Without Sufficient Safeguards – Regulation Bitcoin News
[ad_1] US Senator Elizabeth Warren alleged that Signature Bank failed because it “buys the get-rich-quick narrative” and “embraced crypto customers with inadequate protections.” Emphasizing that the bank was taking “excessive risks”, the…
Recent Senate Hearing Shows Mixed Feelings Towards Crypto
[ad_1] The recent Senate hearing on crypto shows how divided the floor of congress is in the digital asset world. Some really think it has a lot to offer, while others just…
Elizabeth Warren Seeks to Establish New Congressional Crypto Committee
[ad_1] Elizabeth Warren – the “democratic” senator from Massachusetts – is, once again, sounding the alarm in the digital currency arena. He is allegedly concerned about the fall of FTX and the…
Extreme Market Turbulence: Critics Call Warren’s Silvergate Take ‘Terribly Misinformed,’ SVB Collapses, Vitalik’s Token Sell-Off Moves Markets, and More — Week in Review
[ad_1] It’s been a tumultuous week on the financial front with the so-called crypto-friendly Silvergate Bank announcing its liquidation, US Senator Elizabeth Warren blaming the events on “crypto risk,” and individuals on…
United States lawmakers call for accountability from crypto auditors
[ad_1] US Senators Elizabeth Warren and Ron Wyden are calling for more accountability from crypto auditors. Lawmakers allege that bogus audits by crypto auditors are responsible for the ongoing chaos. The collapse…