Bitcoin price threatens $28K support as pre-FOMC mood boosts US dollar
Bitcoin bulls fail to get a grip despite worries over U.S. banking sector stability, with BTC price near 4-day lows.
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JPMorgan to acquire troubled First Republic Bank
Banking giant JPMorgan will take over the assets of the troubled First Republic Bank after its seizure by the California Department of Financial Protection and Innovation.
FDIC pins Signature Bank’s failure on poor governance and illiquidity
FDIC blamed SBNY’s board of directors and management for pursuing “unrestrained growth” using uninsured deposits without implementing liquidity risk management strategies.
Almost 50 Russian Banks Accept Yuan Deposits Amid Low Demand for Dollar Accounts
A growing number of banking institutions in Russia are offering customers the option to save in Chinese yuan. The trend coincides with declining demand for U.S. dollar and euro deposits…
Fed, NYDFS assess their supervisory performance after March’s big bank failures
Internal reviews of the supervision of Silicon Valley Bank and Signature Bank have been released, showing weaknesses on the part of the banks’ regulators as well as management.
Banks bullish on crypto: Standard Chartered’s Zodia raises $36M
After leading Zodia’s series A funding round, the Japanese financial conglomerate SBI Holdings became its second-largest shareholder.
Bitcoin at banks: Raiffeisenlandesbank to offer crypto investment services
All RLB NÖ-Wien clients will be able to invest in a broad number of cryptocurrencies with a budget of as little as one euro.
Bitcoin price jumps in the wake of First Republic Bank price crash
The price of Bitcoin has bounced upwards as First Republic Bank deposit slump sparks fresh banking crisis fears in the United States.
Societe Generale subsidiary launches euro-pegged stablecoin on Ethereum
The EURCV stablecoin is only available to institutional qualified investors onboarded by Societe Generale through its KYC and AML procedures.
Brooklyn court charges former banker for allegedly defrauding crypto investors
Brooklyn federal court charged a former investment banker for allegedly taking investors’ money under the pretext of making profitable crypto investments.
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