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Tag: US Government

Yellen Says US Could Back All Deposits at Smaller Banks if Needed to Prevent Contagion

March 22, 2023 wp-bot Bitcoin News

U.S. Treasury Secretary Janet Yellen says the federal government could guarantee all deposits of smaller banks if they “suffer deposit runs that pose the risk

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SBF shilled FTX risk model to FDIC chairman Gruenberg prior collapse

March 19, 2023 wp-bot Cointelegraph

The invitation was mediated by former CFTC Commissioner Mark Wetjen, who joined FTX US as the Head of Policy and Regulatory Strategy in Nov. 2021.

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Peter Schiff blames ‘too much gov’t regulation’ for worsening financial crisis

March 19, 2023 wp-bot Cointelegraph

Finding the right balance between regulations and banking institutions is important for Schiff, considering that Puerto Rico regulators closed down Schiff’s bank due to non-compliance.

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Report: US Government Auctions Off Failed Banks SVB and SNBY, Crypto Restrictions Apply

March 16, 2023 wp-bot Bitcoin News

The U.S. government and the Federal Deposit Insurance Corporation (FDIC) are auctioning off two failed American financial institutions, Silicon Valley Bank (SVB) and Signature Bank

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ARK Invest’s Cathie Wood Claims Current Banking Crisis Was Inevitable

March 15, 2023 wp-bot News BTC

Cathie Wood, the founder of ARK Invest, an American investment management firm that invests in disruptive technologies, including exposure to cryptocurrencies, thinks the current banking

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Moody’s Expect U.S. Banks To Deteriorate, Boon For Bitcoin?

March 14, 2023 wp-bot News BTC

Moody’s Investor Service, better known as Moody’s, has revised its view on the entire U.S. banking system from “stable” to “negative.” They cite rapid deterioration in the

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Blockchain
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