Generative Data Intelligence

Tag: DFPI

TRON Founder Asserts the Need for a Robust Banking Infrastructure

H.E. Justin Sun tweeted about the potential harm prevalent in the financial sector, referring to the SVB fall. The TRON founder added that it...

Banks are at Risk, with Contracting Margins; Analyst Releases List

Recent research discovered that more than 10 banks are at risk of contracting margins. The list included the banks such as Customers Bancorp Inc.,...

Filing shows BlockFi has uninsured $227M in Silicon Valley Bank MMMF

According to a new bankruptcy filing, defunct crypto lender BlockFi has $227 million worth of uninsured funds allocated to a money market mutual fund...

As SVB tanks, banks look to deposit diversification, data, tech

Silicon Valley Bank was taken over by regulators today following a week of abnormality that included a sale of securities on Wednesday, capital raising...

California DFPI Digital Asset Lending Regulatory Year in Review | JD Supra

A&B ABstract:In December of 2022 California launched an interagency progress report (“Report”) analyzing the present regulatory standing of Web3, Crypto Assets, and Blockchain. The...

California-Based Regulator Launches Crypto Scam Tracker

Regulators and law enforcement agencies worldwide have been exploring ways to eradicate crypto crimes and repel bad players from the industry. The California Department...

California regulators order MyConstant to stop crypto-lending services

Dec 22, 2022 10:38&nbspUTC | Updated: Dec 22, 2022 at 10:38&nbspUTC By&nbspClark The California DFPI warned in July that it would be cracking down on crypto...

California Authorities Demand MyConstant Stop Crypto-Lending

Because of potential breaches of state securities law, the California Department of Financial Protection and Innovation (DFPI) has given the order to the...

The fall of FTX and Sam Bankman-Fried might be good for crypto

“Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information,” new...

Weekly Recap: FTX Files for Bankruptcy, Triggering Contagion Across the Lending Industry

Alameda CEO Confesses to Using Customer Funds While SBF May Have Used a ‘Backdoor’ The New York Times reported that Caroline Ellison, the CEO...

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