Banking crisis: What does it mean for crypto?
Cointelegraph breaks down the main events that led to the collapse of Silvergate, SVB and Signature Bank and explains what this all could mean for crypto.
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US lawmaker suggests Signature’s collapse was tied to instability of crypto
Senator Michael Bennet said crypto was not “even as stable as the marijuana industry,” questioning Signature Bank's ability to service digital asset firms but not dispensaries.
FDIC asked Signature buyers to stop all crypto business: Report
The FDIC regulators have reportedly required any buyer of Signature to agree to give up all cryptocurrency business at the bank.
Crypto firms may turn to ‘shadow banks’ following major collapses — Molly White
Speaking at the SXSW conference in Austin, Molly White compared crypto companies' current predicament to that in 2017 and 2018, when they had “trouble accessing banking”.
Senator Warren says Fed chair ‘has to recuse himself’ from reviewing regulatory failures
Jerome Powell called for a “thorough, transparent, and swift review” of the Federal Reserve's supervision and regulatory activities following Silicon Valley Bank's closure.
US lawmaker accuses FDIC of using banking instability to attack crypto
The collapse of Signature Bank, Silicon Valley Bank, and Silvergate Bank has had many in the space reeling — but is the U.S. government trying to "choke off digital assets”?
Silvergate, SBV collapse ‘definitely good’ for Bitcoin, Trezor exec says
While Signature’s Barney Frank referred to the recent events with SVB as an “anti-crypto message,” Trezor’s Josef Tetek says they are “definitely good” for Bitcoin.
SVB crisis: Here are the crypto firms denying exposure to troubled US banks
Some of the biggest firms in crypto have denied exposure to any of the failed banks in the United States.
US Fed faces internal probe over Silicon Valley Bank failure
Federal Reserve chair Jerome Powell said a “careful and thoughtful” review is needed to understand how the bank collapsed under its watch.
US regulators shut down Signature Bank despite ‘no insolvency’: Report
"Regulators wanted to send a very strong anti-crypto message,” said former House of Representatives member and Signature Bank board member Barney Frank.