U.S. Treasury Janet Yellen working on SVB collapse, not at bailout: Report
United States Treasury Secretary Janet Yellen is reportedly working with regulators to address Silicon Valley Bank collapse and protect investors, but not considering a major...
Bill Ackman warns US gov’t: Fix mistake in ‘48 hours’ or face ‘destruction’
Billionaire Bill Ackman has urged the United States government to “guarantee” all deposits held by Silicon Valley Bank (SVB) within the next “48 hours,” or...
Silicon Valley Bank’s UK branch shut down by Bank of England
The Bank of England (BoE) has halted the operations of Silicon Valley Bank’s U.K. branch (SVB UK), stating that it has a “limited presence” in...
Sen. Warren calls out ‘sham audits’ while SVB threatens crypto bankruptcy
United States Senators Elizabeth Warren and Ron Wyden asked the Public Company Accounting Oversight Board (PCAOB) to hold auditors accountable for failed crypto projects. The PCAOB...
Breaking: Circle discloses $3.3B tied up at Silicon Valley Bank
On March 10, Blockchain payment tech company and USD Coin (USDC) issuers Circle confirmed that wires initiated on Thursday to remove balances have not yet...
SEC disapproves VanEck spot BTC trust product, commissioners see double standard
The United States Securities and Exchange Commission (SEC) ordered against a rule change to allow investment manager VanEck to create a spot Bitcoin Trust on...
Circle’s exposure to US banks could top $9B
USD Coin (USDC) issuer Circle’s exposure to the United States banking system sits near $9 billion, according to its latest audit report from January. Circle’s...
Thailand SEC wants public feedback on crypto lending, staking ban
Thailand’s Securities and Exchange Commission (SEC) is preparing to hold a new public hearing on a potential ban on staking and lending services in the...
US Fed to create new crypto team amid concerns about unregulated stablecoins
The United States Federal Reserve is set to create a “specialized team of experts” to keep up with developments in the cryptocurrency industry, according to...
NY AG sues KuCoin for selling securities and commodities without registration
New York state Attorney General Letitia James announced that she has filed suit against cryptocurrency exchange KuCoin after she was able to buy and sell...