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Government requests for user data from Big Tech increased by 25%: data
30.3.2023
Requests for user data from Big Tech companies such as Apple, Google and Microsoft continue to rise year after year from governments around the world
Fair crypto laws ‘possible’ in the US but needs ‘a lot of work’ — Crypto Council advisor
30.3.2023
Crypto Council for Innovation advisor Sean Lee said more education is needed for policymakers and financial regulators
Senate Banking Committee Holds Hearing on Recent Bank Collapses, Calls for Tougher Regulations
29.3.2023
On Tuesday, the U.S. Senate Committee on Banking, Housing, and Urban Affairs, also known as the Senate Banking Committee, held a hearing to discuss the recent bank collapses in the United States and the regulatory response. Throughout the testimonies, digital assets and crypto businesses were...
Binance concealed ties to China for years, even after 2017 crypto crackdown: Report
29.3.2023
Documents reviewed by the Financial Times show that Binance kept staff and operations in China despite announcing its departure in 2017
US and South Korea request extradition of Terra co-founder Do Kwon
29.3.2023
Do Kwon may have to serve time in Montenegro if convicted of charges related to forged identification documents before any extradition to the U.S. or South Korea is granted
Bitcoin, Ethereum Technical Analysis: BTC Back Above $28,000, Following US Consumer Confidence Report
29.3.2023
Bitcoin surged higher on Wednesday, as markets reacted strongly to better-than-expected consumer confidence figures in the United States. Data from the Conference Board showed that its monthly survey rose to a reading 104.2, better than the 101 sum expected. Ethereum also climbed, moving above...
SEC chief Gary Gensler to face Congress grilling over crypto policy
29.3.2023
FSC chief noted that their primary focus would be setting the groundwork for crypto regulations in the U.S
Circle prefers reserves and payment rails with the Fed, says exec
29.3.2023
Circle’s APAC Vice President said that the company currently holds 80% of its reserves but would ultimately like to keep all cash with the Fed, in light of the recent banking crisis
Report: UAE Central Bank Implements Digital Currency Strategy
29.3.2023
The central bank in the United Arab Emirates said it has started implementing its digital currency strategy with partners G42 Cloud and R3. According to the central bank, the digital currency initiative is expected to “further position and solidify the UAE as a leading global financial...
Adoption and nerves — Crypto pumps amid banking crisis
28.3.2023
Despite four major banks imploding recently, Bitcoin remains resilient, but questions persist over the long-term sustainability of its ongoing rally
SBF banned from using online messengers under new bail agreement
28.3.2023
The U.S. prosecutors reportedly agreed to allow Sam Bankman-Fried to stay home while restricting using some electronic devices and apps
First Citizens Bank Acquires Silicon Valley Bank, Costing FDIC Deposit Insurance Fund an Estimated $20B
27.3.2023
According to the Federal Deposit Insurance Corporation (FDIC), the troubled bank Silicon Valley Bank (SVB) was acquired by First Citizens Bank & Trust Company, which is based in Raleigh, North Carolina. First Citizens acquired all deposits and loans from SVB, as well as the 17 branches that...
A friend in need: How the crypto industry reacts to recent bank bailouts
27.3.2023
With a focus on sovereignty and creating an alternative to traditional financial systems, how is the crypto community reacting to government intervention in the recent bank crisis?
Banking crisis pushed over $286B to money market funds in two weeks: Report
26.3.2023
Many investors have rotated their portfolio investments due to the banking crisis in the past two weeks, injecting billions of dollars on money market funds in the United States
G7 to collaborate on tighter crypto regulation: Report
26.3.2023
Leaders from Japan, the United States, the United Kingdom, Canada, France, Germany, and the European Union are expected to outline a global cooperative strategy for digital assets in May
Custodia Bank's membership denied for ties with crypto markets, says US Fed
25.3.2023
The United States Federal Reserve released an 86-page report on March 24 detailing the reasons for denying Custodia Bank's application for membership
European banks head into another weekend of uncertainty as default risks surge
24.3.2023
An indicator of European bank default risk soars and stocks tumble on March 24 amid renewed fears surrounding the financial system
'Surgical removal' of crypto will only weaken USD dominance, commentators say
24.3.2023
A day after Coinbase received an SEC Wells notice, industry commentators weighed in on what recent regulator actions mean for America's crypto future
Banking turmoil pushes crypto to ‘no oversight’, says Circle CEO
23.3.2023
Crypto firms who have had the strongest position with U.S. regulation are now considered “unsafe,” Circle CEO Jeremy Allaire stated
Crypto reform coming to US in 2023, says former White House chief of staff
23.3.2023
SVB’s epic failure occurred “at a bank that happened to deal with crypto customers” but “was not a crypto-induced problem,” said Mick Mulvaney