financial system

What is physical Bitcoin? What is physical Bitcoin?In simple terms, it is the us

According to reports, the three major US stock indices collectively opened low, with the Dow down 0.22%, the Nasdaq down 0.20%, and the S&P 500 index down 0.17%.
Three major US sto

On April 27th, Kristin N. Johnson, Commissioner of the Commodity Futures Trading Commission (CFTC), stated in an interview with CNBC that since the CFTC filed a lawsuit against Cur

According to reports, according to insiders, the draft stable currency bill proposed by the Republican Party in the United States was revised earlier this week, and both Democratic

According to reports, Sarah Pritchard, Executive Director of the Financial Conduct Authority (FCA) in the UK, stated at the London City Week meeting that she plans to strengthen re

On April 24, it was reported that in the new All in podcast, Chamath Palihapitaya, the founder of Social Capital, an American billionaire, said that cryptocurrency had died out in

According to reports, according to Defi Llama data, the total lockdown volume (TVL) of the DeFi protocol reached $48.87 billion, a 24-hour increase of 0.36%. The top five TVL ranki

According to reports, the National Bank of the Republic of Belarus has prepared a pilot plan for the Central Bank\’s Digital Currency (CBDC). The President of the National Bank, Pav

On April 10th, according to the latest data on the Federal Reserve\’s official website, as of April 4th, the size of the Federal Reserve\’s balance sheet was $8.632 trillion, a decre

According to reports, European Central Bank President Lagarde has revealed plans to launch the Digital Euro (CBDC) and control payments. （Watcher.Guru）
European Central Bank Presid

According to reports, US Senator Elizabeth Warren recently launched an anti Bitcoin and cryptocurrency campaign and is currently promoting the establishment of a CBDC.
US Senators

On March 28th, a working group of the Digital Euro Association (DEA) released a white paper covering various aspects such as CBDC, privacy, and interaction. The official partner of

According to reports, District Judge Jennifer Rearden of the Southern District Court of New York approved the plan proposed by the United States Department of Justice to suspend th

According to reports, a new report from the White House has criticized digital assets for failing to fulfill their initial commitments and posing risks to consumers and the entire

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 Committee to suspend int

According to reports, Shaktikanta Das, governor of the Reserve Bank of India, has warned about the risks cryptocurrencies pose to the financial system. The ongoing US banking crisis has made people aware of the importance of strong regulators and sustainable growth, and has clearly demonstrated the risks of private cryptocurrencies to the financial system. The US banking crisis indicates the “need for prudent asset liability management”. （NewsBitcoin） Governor of the Central Bank of India: The US banking crisis clearly demonstrates the risks posed by cryptocurrencies to the financial system Analysis based on this information:The emergence of cryptocurrencies has revolutionized the global financial system, leading to the creation of new digital currencies that have gained immense popularity in recent years. However, not everyone is thrilled about the use of these new forms of currency, with some authorities warning about the risks that they pose to the financial system. One such warning has come from the Governor of the Reserve Bank of…

It is reported that, according to people familiar with the matter, after failing to find a buyer for the Silicon Valley Bank at the weekend, officials of the Federal Deposit Insurance Corporation told the Senate Republicans on Monday that they had greater flexibility in selling the company, in view of the fact that the regulator had announced that the company’s collapse posed a threat to the financial system, that is, the regulator could be more flexible in providing preferential conditions such as loss sharing agreements to potential buyers. FDIC officials told members of Congress on Monday that although there was no major American bank bidding for Silicon Valley banks in the auction on Sunday, at least one institution made a takeover offer, which was rejected by FDIC. At present, the schedule of the second auction is not clear. Insider: US FDIC is preparing to auction Silicon Valley Bank again Analysis based on this information:According to sources familiar with the matter,…

It is reported that the Chairman of the Federal Reserve, Powell, delivered an Ending “Too Big to Fail” keynote speech at the 2013 meeting of the International Bankers Association in Washington. In his first speech as a member of the Federal Reserve, he discussed how to deal with bank runs. In January 1991, there was the third largest bank failure in the history of the United States. The financial system and the overall economy were under great pressure. 45 banks were closed and 300000 accounts were affected. At that time, the problem was that either the Federal Deposit Insurance Corporation of the United States protected all bank depositors without considering the deposit insurance limit, or it might face a more severe panic run. At last, the Federal Reserve decided to ignore the maximum insurance amount and protect the full amount in each account. Powell proposed to protect the full amount of each account in the collapse of the third largest…

It is reported that although several UK venture capital companies expressed support for the Bank of Silicon Valley UK (SVB UK), the Bank of England (BoE) announced to stop its operation and said that the bank was “limited” and did not support the “key functions” of the UK financial system. The Bank of England explained that according to the country’s Financial Services Compensation Scheme (FSCS), “eligible depositors” would be paid a “protected limit” of up to 85000 pounds (approximately US $102288) or up to 170000 pounds (approximately US $204577). The Bank of England has closed the UK branch of the Bank of Silicon Valley Analysis based on this information:The news of the Bank of Silicon Valley UK (SVB UK) ceasing operations surprised the UK venture capital community, as several venture capital firms had expressed support for the bank. However, the Bank of England (BoE) stepped in and announced that the bank’s “limited” nature did not support the “key functions” of…

It is reported that a national survey commissioned by Coinbase shows that about 20% of American adults currently own cryptocurrency. In addition, 29% of Americ…