Tag: Federal Reserve System
Blockchain Association Seeks Information on De-banking of Crypto Companies
The Blockchain Association, a cryptocurrency advocacy group, has filed additional Freedom of Information Law (FOIL) requests to regulators in the US. The group had...
How Will Bankruptcy Courts Shape Crypto Regulation? | JD Supra
Final 12 months’s cryptocurrency market crash a/ok/a “the crypto winter” didn’t trigger trembles within the U.S. economic system, but it surely prompted monumental losses...
Cryptocurrency Regulatory and Legislative Analysis #8
Cryptocurrency Regulatory and Legislative Analysis #8
April 4, 2023
Wes
Regulatory and Legislative Analysis – GLOBAL
The FATF released a report to prevent and address ransomware attacks
On...
A Look at the Fed’s Recent Custodia Bank Denial and the Central Bank’s Push Back Against Narrow Banking
Over the past century, the number of American banks has significantly decreased, dropping from 30,000 banks in 1921 to 4,997 U.S. banks in...
Cardano Founder’s Battle Cry: Crypto Leaders Must Unite Against Regulatory Assault
On Friday (March 24), Charles Hoskinson, who is Co-Founder and CEO of IO Global (“IOG”), the company responsible for Cardano’s research and development, expressed his support...
Bitcoin makes partial recovery after 4% drop brings price near $27.2K
Ad The price of Bitcoin fell to close $27,200 on March 25 before making a partial recovery.Bitcoin fell to nearly $27,200Bitcoin was valued at...
GAO to Conduct Independent Investigation into Bank Failures
SNEAK PEEK
The US Government Accountability Office (GAO) has announced an independent investigation into recent bank failures. The investigation will be conducted by external...
Crypto Advocacy Group Calls on Regulators to Address De-Banking of Crypto Firms
The recent failures of banks providing services to crypto firms in the United States have raised concerns in the crypto community about a perceived...
Michael Burry Compares Current Banking Turmoil to Panic of 1907 — Highlights Markets Bottoming
Michael Burry, a hedge fund manager renowned for predicting the 2008 financial crisis, has drawn parallels between the current banking turmoil and the...
US Fed to Create New Crypto Team amid Concerns About Unregulated Stablecoins
According to a Fed official, the US Federal Reserve will establish a “specialized team of specialists” to monitor changes in the...
Signature Bank Announces Availability of Materials for 2023 Annual Shareholders’ Meeting and Special Meeting of Holders of Series A Preferred Stock
NEW YORK–(BUSINESS WIRE)–Signature Bank (Nasdaq:SBNY), a New York-based, full-service commercial bank, announced today the Bank’s proxy materials for its 2023 Annual Meeting of Shareholders...
Signature Bank Issues Updated Financial Figures as of March 8, 2023; Reiterates Strong Financial Position and Limited Digital-Asset Related Deposit Balances in Wake of...
Signature Bank Announces Buyback of Common Shares NEW YORK–(BUSINESS WIRE)–Signature Bank (Nasdaq: SBNY), a New York-based, full-service commercial bank, announced today updated...
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