regulatory action

According to reports, the official blog of Qian An responded to the inquiries made by US senators Warren, Van Hollen, and Marshall to Qian An in early March, and stated that the ar

It is reported that the German Federal Financial Supervisory Authority (BaFin) has ordered the closure of the German branch of Silicon Valley Bank. German Federal Financial Supervisory Authority: ordered the closure of the German branch of Silicon Valley Bank Analysis based on this information:The German Federal Financial Supervisory Authority, commonly known as BaFin, has ordered the closure of the German branch of the Silicon Valley Bank. This move is a significant regulatory action in the banking sector, especially on foreign banks operating in Germany. The decision is part of BaFin’s regulatory mandate to safeguard the stability of the German financial sector and ensure compliance with the country’s banking laws and regulations. Silicon Valley Bank is a globally recognized institution that provides financial services to technology startups and companies in the United States and globally. The bank has its headquarters in Santa Clara, California, and has a presence in different countries around the world, including Germany. Its German branch, Silicon Valley…

It is reported that Bernstein said in a research report on Thursday that the regulatory action against the Binance USD (BUSD) stable currency and its issuer Pa…

On February 14, Morgan Stanley strategist Sheena Shah wrote in a report that the decline in the market value of stable currency means that the liquidity and le…

On February 13, it was reported that after the US SEC took regulatory action against the issuer of BUSD, Paxos, the anchor price of BUSD began to be unstable. …