Financial Regulation
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ITM Trading Chief Market Analyst Warns CBDC of Hazards
It is reported that over the weekend, the discussion about the Central Bank\’s digital currency (CBDC) became popular on social media because many people believed that this idea wou
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Accelerating the Improvement of Regulatory Mechanisms for Digital Finance: Insights from VP Xuan Changneng
According to reports, Vice President Xuan Changneng of the People\’s Bank of China stated at the \”Financial Infrastructure and Financial Services in the Digital Era\” roundtable at t
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Signature Bank Closed to Prevent Crisis Spread
It is reported that the New York State financial regulator closed Signature Bank on Sunday to prevent the crisis caused by the collapse of Silicon Valley banks from spreading to other banks. The United States Treasury Department, the Federal Reserve and the Federal Insurance Depository Corporation issued a joint statement on Sunday that the depositors of this New York-based bank will be able to withdraw all funds, which is the same as the situation that allows depositors of Silicon Valley banks to withdraw deposits on Monday, and is an exception to similar systemic risks. The regulator closed the Signature Bank focusing on cryptocurrency business to avoid the spread of the crisis Analysis based on this information:According to reports, the New York State financial regulator closed Signature Bank on Sunday to prevent the crisis caused by the collapse of Silicon Valley banks from spreading to other banks. This move is significant as it shows the extent to which regulators are willing…
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CEO of Silicon Valley Bank Greg Becker Resigns from Federal Reserve Bank of San Francisco Board of Directors
It is reported that Reuters reported on March 10 that Greg Becker, CEO of Silicon Valley Bank, will no longer serve as a member of the Board of Directors of th…
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US Financial Regulator Dismisses Cryptocurrency Exchange’s Reserve Certificate
According to reports, the United States Public Company Accounting Oversight Board (PCAOB) said that the review of the reserve certificate of the cryptocurrency…
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Circle Proposes Financial Regulation to Support Blockchain Innovation
According to the report, according to the announcement on the official website of Circle, in response to the recent comments of the Bank of Ireland on the topi…
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United States regulatory crackdown on cryptocurrency companies
It is reported that the United States financial regulators are taking concerted action against some cryptocurrency companies. Robert Leshner, founder of Compou…
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The Curious Case of Circle and the Wells Notice
On February 15, Dante Disparte, Chief Strategy Officer and Global Policy Leader of Circle, said in response to the tweet of Fox Business News reporter Eleanor …
