US Regulators

According to reports, Cameron Winklevoss, CEO of Gemini, a cryptocurrency exchange, accused US regulators of using double standards in handling the First Republic Bank crisis. Wink

According to reports, Jeremy Allaire, the CEO of Circle, stated in a recent interview that the crackdown on cryptocurrencies by US regulators was the main factor contributing to th

On March 31, Mike Novogratz, CEO of Galaxy Digital, said at a Miami conference on Thursday that he believed the encryption industry was being \”attacked\” by US regulators.
Galaxy Di

According to reports, Mati Greenspan, founder of Quantum Economics, believes that US regulators have been unfriendly to cryptocurrencies \”from the beginning.\”. Recently, the collap

On March 21, it was reported that an analysis by Matrixport, a cryptographic service provider, showed that the hedging demand of American buyers was an important reason for the ris

According to reports, US regulators are considering holding securities under the names of Signature Bank and Silicon Valley Bank that have fallen below their purchase price, a move that will remove one of the possible obstacles to selling these two banks. According to people familiar with the matter, this is a routine practice after the Federal Deposit Insurance Corporation (FDIC) took over the bank, mainly facilitating the conclusion of acquisition transactions. Because if it involves assets with declining value, it will be more difficult to sell the relevant banks. People familiar with the matter said that the relevant asset size of Signature may be between $20 billion and $50 billion, and that of Silicon Valley banks may be between $60 billion and $120 billion. Both Silicon Valley banks and Signature have invested in bonds at low interest rates, and the value of these bonds has plummeted as the Federal Reserve has raised interest rates several times over the past year…

On March 14, Barney Frank, a member of the Board of Directors of the Crypto Friendly Bank Signature Bank and a former US congressman, said that the sudden announcement of the takeover of Signature by the US regulators on Sunday night shocked the executives of the bank, Signature executives have explored “all ways” to improve the status quo, including finding more capital and evaluating the interests of potential acquirers. He said that by Sunday, the outflow of deposits had slowed, and executives believed that they had stabilized the situation. On the contrary, the senior management of Signature has been immediately dismissed and the bank closed on Sunday. Frank believed that part of the reason for this was that regulators wanted to send very strong anti-encryption messages, and said that “the reason why we became a typical representative was that there was no insolvency in the fundamentals”. Member of the Board of Directors of Signature: the bank is not insolvent, is…

On February 22, it was reported that due to the existing license portfolio and the credibility in handling customer funds, traditional financial companies and …