Bank of Russia Registers Another Digital Asset Issuer
The Central Bank of Russia has added another entity to its register of authorized issuers of digital financial…
USDC Stablecoin Nears Parity With USD After Fed’s Bailout Announcement
The stablecoin USDC has nearly regained parity with the U.S. dollar after rising just above $0.99 on March 12,…
NY Regulators Seize Control of Signature Bank, Depositors Assured by…
On Sunday, the New York Department of Financial Services, or DFS, announced that it had taken possession of…
Binance Trains Ukraine’s Cyberpolice and Security Service
Crypto exchange Binance has organized training courses for representatives of law enforcement authorities in…
Silicon Valley Bank Failure Highlights Dangers of Fractional-Reserve…
After the failure of Silicon Valley Bank (SVB), a great deal of Americans are starting to realize the dangers of…
Report: Silicon Valley Bank Under FDIC Auction as Calls for Bailout Grow
The U.S. Federal Deposit Insurance Corporation (FDIC) began an auction process for Silicon Valley Bank (SVB) late…
US Treasury Secretary Rules Out Government Bailout of Silicon Valley…
U.S. Treasury Secretary Janet Yellen has ruled out a government bailout of the collapsed Silicon Valley Bank (SVB),…
USDC Dominated Trading Volume on Decentralized Exchanges Amidst…
On Saturday, several centralized crypto trading platforms and payment processors stopped USDC auto conversions.…
Extreme Market Turbulence: Critics Call Warren’s Silvergate Take…
It’s been a turbulent week in finance with the so-called crypto-friendly Silvergate Bank announcing its…
Circle Issues Update Amid Stablecoin Volatility; Firm Is Prepared to…
On Saturday, March 11, 2023, Circle Financial updated the public about its stablecoin, USDC, and noted that the…