US Banks Demand Stablecoin Yield Ban While Paying Depositors Nearly Nothing
Banks in the United States are lobbying to change new stablecoin regulations under the GENIUS Act, fearing massive deposit outflows...
Depositors
Why isn’t the Federal Reserve requiring banks to hold depositors’ cash?
The Federal Reserve Board reduced banking reserve requirements to zero in March 2020. Since that time, banks in the United...
Depositors Flock to JPMorgan & Citi After SVB, Signature Closure
With the demise of Silicon Valley Bank and Signature, customers are flocking to major US banks like JPMorgan and Citigroup...
Bitcoin soars as Silicon Valley Bank depositors get a regulatory lifeline
BTC’s price jumps by almost 10% in the last 24 hours. This is due to the decision by U.S. regulators...
BTC, USDC Soar After Government Promises to Rescue All Silicon Valley Bank Depositors
The U.S. government’s biggest financial regulators released a joint statement on Sunday promising to save every last depositor at Silicon...
Signature, Silicon Valley Bank Depositors Will be Made Whole
The US Treasury Secretary, Janet Yellen, along with Federal Reserve Board Chair, Jerome Powell and FDIC Chairman, Martin Gruenberg, said...
Celsius ‘withhold’ account depositors lawyer up, seek claims
Another group of claimants against bankrupt crypto lender Celsius Network LLC is banding together to retain legal representation and seek...
The case for Bitcoin strengthens as Chinese bank depositors riot over frozen accounts
Social media footage shows crowds of angry people in Zhengzhou, the largest city in Henan province, protesting the freezing of...
Celsius Lays off 150 Workers as Depositors’ Worries Begin to Mount
Embattled crypto lender, Celsius, has laid off 150 employees, representing a quarter of its workforce, according to the latest reports....