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Tag: silicon valley bank

Stablecoins are a critical countermeasure to Operation Chokepoint

June 2, 2023 wp-bot Cointelegraph

Stablecoins could help crypto firms to remove themselves from the banking system — and prevent the U.S. government from cutting off their financial lifelines.

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Silvergate Bank Faces Regulatory Deadline for Self-Liquidation Plan

June 2, 2023 wp-bot Bitcoin News

In a recent press release from the U.S. Federal Reserve Board of Governors, it was disclosed that Silvergate Bank has been given a ten-day deadline

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Senators slam bank execs for blaming collapses on crypto, pocketing millions

May 17, 2023 wp-bot Cointelegraph

Senator Cynthia Lummis noted that Signature Bank’s Scott Shay mentioned digital assets 10 times in his testimony about the bank’s collapse.

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Senators slam bank execs for blaming collapses on crypto, pocketing millions

May 17, 2023 wp-bot Cointelegraph

Senator Cynthia Lummis noted that Signature Bank’s Scott Shay mentioned digital assets 10 times in his testimony about the bank’s collapse.

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Louisiana Senator Compares Modern Banks to ‘Sophisticated Ponzi Schemes’

May 7, 2023 wp-bot Bitcoin News

Louisiana Republican senator John Kennedy recently stated in an interview published on Wednesday that the U.S. Federal Reserve may need to increase the federal funds

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SEC Probes First Republic Bank Executives for Insider Trading; Lawmakers Dump Bank’s Shares Before Collapse

May 6, 2023 wp-bot Bitcoin News

After the second largest bank failure in history, the U.S. Securities and Exchange Commission (SEC) is reportedly investigating First Republic Bank executives for allegedly engaging

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