“To protect our markets from increasingly-sophisticated cyber attacks, to ensure responsible development of digital assets in a way that protects customers, and to ensure that the implications of emerging technologies like artificial intelligence are well […]
President Joe Biden announced a tightening of banking regulations in the U.S. that could lead to more crypto firm neobanks outside the U.S. banking system. In a speech on March 13, 2023, the U.S. president […]
“The immense research invested into Aztec Connect will be usable and indeed critical to the development of our next-gen product,” wrote the Aztec team in a Medium post. “Having an encrypted rollup live and in […]
Grant Butler, an attorney at the K&L Gates law firm, told CoinDesk the SVB receivership is structured differently from the Signature Bank receivership. SVB has been structured to try and liquidate its assets, while Signature […]
While it’s easy to blame the recent shift in the regulatory mood regarding crypto markets on certain bad actors, the real roots lie beyond the crypto ecosystem, says Noelle Acheson. Source link
Banks are collapsing at an alarming rate, leaving investors and stakeholders questioning the stability of stablecoins. First, Silvergate failed, and now, SVB, which held $3.3B of Circle’s funds (the issuer of USDC), has been shut […]
Barr, a former Treasury Department official who briefly became an adviser for Ripple before returning to a government role in the Biden administration, didn’t mention Silvergate Bank in the statement, though that smaller institution was […]
“Paysafe, our fiat partner that provides GBP deposit and withdrawal services via bank transfers and via card to Binance users, has advised us that they will no longer be able to provide these services from […]
A debate from the 2008 financial crisis resurfaces as the FDIC intervenes to help two troubled institutions with crypto connections, says CoinDesk’s David Z. Morris. Source link
Filecoin’s native token FIL spiked 24% to around $6.44 on Monday. The launch of the Filecoin Virtual Machine (FVM), expected on 14 March, has the community buzzing. FVM brings smart contracts and network programmability to […]
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