Banking System
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The Decline of USDC Market Value: Investor Pushback Against the United States’ Banking System and Regulations
On April 26th, Jeremy Allaire, the CEO of Circle, stated in an interview that in the challenges of the banking system and regulation, investors are pushing to \”
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US Treasury Secretary Yellen Discusses Downside Risks and Inflation
According to reports, US Treasury Secretary Yellen said that in view of the Russia-Ukraine conflict and the recent pressure on the banking system, the US govern
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Bank of America Cautious in Providing Services to Encryption Industry: What You Need to Know
According to reports, Bank of America has been more cautious in providing services to the encryption industry after a series of regional bank failures and stren
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Why the FDIC is Requesting Signature Bank Cryptocurrency Customers to Withdraw Their Funds
According to reports, the Federal Deposit Insurance Corporation (FDIC) of the United States has requested cryptocurrency customers of Signature Bank to withdraw
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Federal Reserve Raises Interest Rates but Turmoil in Banking System May End Hike Early
According to reports, Nick Timiraos, the \”Federal Reserve mouthpiece\”, wrote that the Federal Reserve raised interest rates by another 25 basis points, but sugg
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Suspended Interest Rate Hikes: How the Banking System is Coping
According to reports, Goldman Sachs economists wrote in a report on Monday that given the pressure on the banking system, we expect the Federal Open Market Comm
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First Republic Bank’s Deposit Support Demonstrates Resilience of U.S. Banking System
According to reports, the United States Treasury Department, the Federal Reserve, the Federal Deposit Insurance Corporation of the United States, and the Office
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Circle CEO Warns of Persisting Banking Risks Despite USDC Anchoring
According to reports, a few days after the US federal government stepped in to protect the now defunct Silicon Valley bank depositors, Jeremy Allaire, the CEO o
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US Banking System Remains Resilient Amid Market Volatility
According to reports, Federal Reserve Governor Michelle Bowman made a speech following the market volatility caused by the Silicon Valley Bank (SVB) incident, r
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Implications of the Federal Reserve’s Interest Rate Policy on the Financial Sector
It is reported that the former Assistant Secretary of the Treasury of the Federal Reserve said that the Federal Reserve would have to stop its high interest rat
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Hong Kong Monetary Authority Assures Minimal Risk Exposure in Silicon Valley Bank Incident
It is reported that the bank incident in Silicon Valley continues to ferment. A spokesman of the Hong Kong Monetary Authority said that the HKMA has been closel
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US Treasury Secretary Yellen Addresses Concerns over Bank Failures in Silicon Valley
According to reports, US Treasury Secretary Yellen said that any bank failure would constitute \”obvious concern\”. The US banking system is safe, capital is suff
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Encryption Industry’s Failure Not a Major Concern for Banking System
It is reported that the minutes of the Federal Reserve meeting: the failure of the encryption industry has limited impact on the banking system.
Fed Mi…
