Banks
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Cryptocurrency
US Banks borrow record-high $164.8B from Fed backstop facilities
In the week of March 15, US banks borrowed a total of $164.8 billion using the Federal Reserve’s two backstop…
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Cryptocurrency
Binance CEO CZ ‘Banks are a risk to fiat-backed stable coins’ in reaction to SVB, USDC Depegging
Binance, on the other hand, is not the only company looking to move to traditional finance. Kraken has also announced…
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Cryptocurrency
Something banks cannot do; clear on weekends, as Bitcoin transactions hit record numbers over weekend
meaning Total number of transactions waiting in mempool for different size (vByte) cohorts. quick take mempool transactions hit 3-year high…
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Cryptocurrency
Banks halted on exchanges, Silicon Valley Bank now closed by California regulators
quick take While down 30% over the past five days, the undersigned bank has halted after dropping a record 22%.…
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Cryptocurrency
Bitcoin loses 21k support, as contagion from Silvergate enters banks, financials sector
quick take Bitcoin Loses $21,000 As Support, Drops Over 5% Today This comes after news of the shutdown of Silvergate.…
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Cryptocurrency
Banks’ direct exposure to crypto less than 1% of total – BIS report
advertisement The Bank for International Settlements (BIS) said in its latest BASEL III monitoring that global banks’ exposure to crypto-assets…
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Cryptocurrency
Huobi and KuCoin serve customers of sanctioned Russian banks: Politco
advertisement Cryptocurrency exchanges Huobi and KuCoin continue to serve users of sanctioned Russian banks, according to a Politico report. February…
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Cryptocurrency
Japan urges other countries to regulate crypto companies like banks
Japanese regulators are asking other countries to regulate cryptocurrencies like banks, according to a Bloomberg report. January 16th. Mamoru Yanase,…
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Cryptocurrency
US Federal Reserve, FDIC warn banks against crypto risks
The U.S. Federal Reserve, Federal Deposit Insurance Corporation (FDIC), and Office of the Comptroller of the Currency (OCC) issued a…
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