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Crypto crackdown continues – Binance in US regulators sights
As the US tries to find its feet after waves of criticism over its handling of the current bank crises, which regulators believe was partially caused by over exposure to... read more
The post Crypto crackdown continues – Binance in US regulators sights appeared first on Payments Cards & Mobile.
Silicon Valley Bank contagion poses little risk to European banks
As the contagion from the collapse of Silicon Valley Bank (SVB) and Signature Bank rips through the markets, European countries are rushing to reassure the market that their banks pose... read more
The post Silicon Valley Bank contagion poses little risk to European banks appeared first on Payments Cards & Mobile.
Silvergate Bank winds up and heads for insolvency
On the 3rd of March Payments Cards & Mobile reported on the dangers of banks betting big on the cryto boom and the possible fall out from that bet. Today,... read more
The post Silvergate Bank winds up and heads for insolvency appeared first on Payments Cards & Mobile.
Silvergate: Beware banks that bet big on crypto
Silvergate, the small time US lender that bet big on crypto, has announced huge losses and may have to wind down according to its annual report, and serves as a... read more
The post Silvergate: Beware banks that bet big on crypto appeared first on Payments Cards & Mobile.
IMF sets out framework for effective policies on crypto assets
In early February, the Executive Board of the International Monetary Fund (IMF) discussed a board paper on Elements of Effective Policies for Crypto Assets that provides guidance to IMF member... read more
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