US lawmaker accuses FDIC of using banking instability to attack crypto
Tom Emmer, Majority Whip of the United States House of Representatives, has reiterated concerns that the federal government is “weaponizing” concerns around the banking industry...
CBDCs could provide smooth cross-border payments, says Bank of Israel official
At Tel Aviv FinTech Week 2023, Yoav Soffer, the advisor to the deputy governor at the Bank of Israel, touched on the topic of central...
Blockchain is the answer to Russia’s settlement issues, banking exec says
The adoption of blockchain is the right direction for Russia to solve its current settlement issues, according to an executive at Russia’s largest bank, Sberbank.Blockchain...
The US Government wants the Voyager-Binance deal to be halted
Key takeaways; The US Government wants to halt the $1 billion deal between Binance.US and Voyager Digital. The government said the deal should be on...
Bitcoin price recovery at risk amid new Credit Suisse crisis
Bitcoin and other financial assets now have a Credit Suisse problem. Credit Suisse credit default swaps signal that the company could collapse. Credit Suisse stock...
US officials appeal protections for Voyager execs in Binance.US sale
United States officials want to remove a provision included in bankrupt lender Voyager Digital’s plan to sell its digital assets to crypto exchange Binance.US that...
Crypto bank Anchorage Digital cuts 20% of staff citing regulatory uncertainty
Crypto bank Anchorage Digital announced it would be letting go of 75 employees, representing approximately 20% of its workforce, citing regulatory uncertainty in the United...
Signature Bank investigated for money laundering prior to demise: Report
The cryptocurrency-friendly Signature Bank was reportedly being investigated by two United States government bodies prior to its collapse. According to a March 15 Bloomberg report...
DOJ and SEC to probe SVB collapse and insider stock sales: Report
The United States Justice Department and the Securities Exchange Commission have reportedly launched inquiries into the sudden collapse of Silicon Valley Bank, which was shuttered...
Here’s why Binance is suspending sterling transfers
Binance cites “Paysafe” as it halts sterling transactions. The announcement affects less than 1.0% of its users. Binance says it’s already looking for an alternative....