The year 2023 started with U.S. banking regulators the OCC, the Federal Reserve Board, and the FDIC joint statement highlighting risks posed by crypto to
Category: Silicon Valley Bank
SEC Chief Gary Gensler Blames Crypto For Banking Collapse
The chair of the Securities and Exchange Commission, Gary Gensler, was questioned by the Republicans in the House over his agency’s treatment of digital assets,
Breaking: Goldman Sachs, KPMG Sued Over SVB Collapse
Crypto News: The global banking crisis triggered by the collapse of Crypto friendly Silicon Valley Bank (SVB) has left industry biggies in legal trouble. KPMG
US Failed At Regulating Crypto, Says Chinese Central Bank Ahead Of Elon Musk’s China Visit
Chinese central bank People’s Bank of China (PBOC) official on Friday said the U.S. has failed at regulating crypto, causing the banking crisis impacting the
Crypto-Friendly SVB Acquired By First Citizens Bank At 99% Discount
First Citizens Bank acquires Silicon Valley Bank (SVB) for $500 million. The crypto-friendly Silicon Valley Bank bank was worth $40 billion a year ago, now
FDIC Delays SVB Bidding As Banking Crisis Continues, Bitcoin Price To $30K?
The Federal Deposit Insurance Corp (FDIC) on Monday said it is extending the bidding process for Silicon Valley Bank (SVB) to simplify the bidding process
US Fed Prints $300 Billion, Bitcoin Price And Ethereum To Rally
The U.S. Federal Reserve balance sheet rises by $300 billion as the central bank starts money printing for rescuing cash-strapped banks since the collapse of
Bitcoin Critic Janet Yellen To Testify Before US Congress About Crypto-Friendly Banks
U.S. Treasury Secretary Janet Yellen on Thursday will testify before the U.S. Congress about the banking crisis after regulators closed three crypto-friendly banks Silvergate, Silicon
Crypto Not A Scrapegoat For Regulators-Led Banking Crisis
Operation Choke Point 2.0 — the Biden Administration’s highly coordinated plan with regulators to strangle the crypto industry by cutting ties with the banking sector
Silicon Valley Bank Likely To Be Sold To Another Bank And Not VCs
According to recent reports, the United States government will most certainly sell the now-defunct Silicon Valley Bank to another major bank. This effectively eliminates the
