Banks

On May 1st, Binance founder CZ spoke at AMA stating that the banking industry has existed for a long time, and as a result, banks have become increasingly inefficient. The failure

According to reports, according to insiders, Singapore plans to develop new guidelines for banks to review cryptocurrency customers. The Singapore Central Bank and police have been

According to reports, Balaji Srinivasan, a former CTO of Coinbase, wrote on social media that people at the International Monetary Fund believe that people should be \”smart\” as sav

According to reports, a spokesman for the Federal Reserve confirmed that the Federal Reserve\’s internal regulators have launched an investigation into the bankruptcy of banks in Si

On March 29th, Pablo Hern á ndez de Cos, Chairman of the Basel Committee on Banking Supervision and Governor of the Central Bank of Spain, stated at an event hosted by the Bank for

According to reports, Zhao Changpeng, CEO of Coin An, tweeted that every ten years or so, a group of banks will fail. \”We bailed them out, and then they fell into a bankruptcy cycl

According to reports, market observers have stated that in the long run, the continued collapse of banks focused on cryptocurrencies may be beneficial to the cryptoecosystem, thereby eliminating the bearish sentiment that has emerged in the cryptosphere in the past few days. Viewpoint: The US banking crisis may strengthen the crypto ecosystem in the long term Analysis based on this information:The cryptoecosystem has been experiencing a bearish sentiment in the past few days due to the continued collapse of banks that have focused on cryptocurrency. According to market observers, this ongoing collapse may actually benefit the cryptoecosystem in the long run. It is noteworthy to mention that banks that focus on cryptocurrency often struggle to comply with regulations due to the volatile and unregulated nature of the market. This makes them more prone to failure, as they have a higher risk profile compared to traditional banks. The collapse of these banks has led to panic and uncertainty in the crypto…

It is reported that the Federal Reserve will investigate its supervision of banks in Silicon Valley and release its findings on May 1; Federal Reserve Vice Chairman Barr will lead the investigation; Federal Reserve Chairman Powell said that a rapid and in-depth investigation was needed around the issue of the Bank of Silicon Valley. The Federal Reserve will investigate its supervision of banks in Silicon Valley Analysis based on this information:The Federal Reserve has announced that it will be investigating its supervision of banks operating in Silicon Valley. The findings of this investigation are expected to be released on May 1st, with Federal Reserve Vice Chairman Barr leading the effort. According to Federal Reserve Chairman Powell, a rapid and in-depth investigation is crucial due to the Bank of Silicon Valley’s pressing concerns. The scrutiny will be directed at how well the Federal Reserve handled risks posed by the banks in that region. This is particularly concerning, given the current level…

It is reported that the International Monetary Fund (IMF) has warned G20 countries that the widespread use of encrypted assets may cause banks to lose deposits and reduce loans. The report said: “The widespread use of encrypted assets has brought huge risks to the effectiveness of monetary policy, exchange rate management, capital flow management measures and fiscal sustainability. In addition, central bank reserves and the global financial safety net may need to be changed, resulting in potential instability. Finally, banks may lose deposits and have to reduce lending.” The report also pointed out that, “Although the importance and relevance of specific risks vary from country to country, there are many risks in encryption assets.” However, despite the “significant risks, encryption assets have developed technologies that can be used by the public sector to achieve their own policy objectives”. IMF: The widespread use of cryptocurrency may cause banks to lose deposits and reduce loans Analysis based on this information:The International Monetary…

It is reported that according to the SEC documents of the United States, Silicon Valley banks have signed exclusive clauses with some customers to limit their ability to obtain banking services from other institutions. These contracts are different in terms of language and scope, making it impossible for these customers to safely distribute their funds to different places. Silicon Valley Bank has signed exclusive terms with some customers Analysis based on this information:Recently, it has come to light that major banks in Silicon Valley have signed exclusive agreements with some of their customers. The agreements, which are reportedly stated in the Securities and Exchange Commission (SEC) documents of the United States, restrict customers’ ability to obtain banking services from any other institutions. In short, customers are bound to seek all their financial services from their Silicon Valley bank of choice. While the practice of exclusivity is not new to banking, the scope of the clauses and language of the agreement…

It is reported that CZ, the chief executive of Coin Security, said on social media that pure speculation almost feels like a concerted effort to close cryptocur

According to reports, the CEO of Tether, the stable currency issuer, said that it had no risk exposure in Silicon Valley banks.
Tether CEO: No risk exposure in

It is reported that the members of the United States Congress met with the Federal Reserve and the Federal Deposit Insurance Corporation to discuss the failure

According to reports, a report from Bernstein on Friday showed that there would be no bank in the future of finance. Banks will still exist, but act as \”custodi

On March 4, Bybit announced that due to the service interruption of partners, Bybit has suspended the US dollar deposit value paid through banks, and no longer…