Coinbase is planning to set up crypto trading platform outside US: Report
The reported move came amid many U.S. lawmakers and regulators taking aim at crypto firms for their perceived role in the failure of three major banks.
The reported move came amid many U.S. lawmakers and regulators taking aim at crypto firms for their perceived role in the failure of three major banks.
The next generation of securities and asset tokenization has been held back by a lack of infrastructure and regulatory standards worldwide, according to BlackRock’s Larry Fink.
In a week when the crypto industry — and the rest of the world — was beset by bad news about banking, one more banking setback has come to light.
According to the House Financial Services Committee, it expects to hold multiple hearings on “getting to the bottom” of the banks’ failures.
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The fire lit by Silvergate Bank and Silicon Valley Bank will make it harder for crypto to find financial partners.
Senator Michael Bennet said crypto was not “even as stable as the marijuana industry,” questioning Signature Bank’s ability to service digital asset firms but not dispensaries.
The emergency proposal increases MakerDAO’s holdings of United States bonds by 150%, aiming to diversify the Dai stablecoin’s collateral exposure.
A deposit token is a concept that came out of Singapore’s Project Guardian last year, and it has already been touted by JPMorgan.
The bailout of Silicon Valley Bank provided a significant advantage to BTC bulls on the weekly $1.2 billion BTC options expiry.