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Yellen Says US Could Back All Deposits at Smaller Banks if Needed to Prevent Contagion – Finance…
U.S. Treasury Secretary Janet Yellen says the federal government could guarantee all deposits of smaller banks if they “suffer deposit runs that pose the risk of contagion.” The government recently protected all deposits of…
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MetaMask now allows direct crypto purchases in Nigeria
MetaMask and MoonPay have partnered to enable more Nigerians to buy crypto directly via instant bank transfers.
About…
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CFTC Commissioner Calls for Crypto Regulators’ Cooperation
Commodity Futures Trading Commission (CFTC) Commissioner Summer Mersinger says that Congress must order the Securities and Exchange Commission (SEC) to cooperate with the CFTC when drafting crypto legislation.
Speaking at the DC…
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US Lawmaker Urges Government to Guarantee All Deposits to Avoid Runs on Smaller Banks – Finance…
A U.S. congressman has urged the federal government to temporarily insure every bank deposit in the country. Following the collapses of several major banks, he stressed that if the government does not do this, there will be a run…
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Biden signs bill to declassify intelligence on Wuhan lab
U.S. President Joe Biden delivers remarks during a reception celebrating Nowruz in the East Room at the White House in Washington, March 20, 2023.Kevin Lamarque | ReutersPresident Joe Biden on Monday signed legislation requiring the…
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Polygon and Immutable partner to boost Web3 gaming
Polygon Labs and Immutable are eyeing faster and seamless onboarding of Web3 game developers and users.
The launch of a…
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Meta to end support for NFTs on Facebook and Instagram
Key takeaways
Meta is ending support for NFTs on Instagram and Facebook.
The company introduced the NFT feature…
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These 5 cryptocurrencies may continue to surprise to the upside
Bitcoin (BTC) is on track to close the week with gains of more than 23%. The banking crisis in the United States and Europe seems to have boosted buying in Bitcoin, indicating that the leading cryptocurrency is behaving as a safe haven…
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Russian Parliament Votes on Bill Opening Door for Digital Ruble – Finance Bitcoin News
Russian lawmakers have approved a draft law facilitating the implementation of the digital version of the national currency, the ruble. The legislation amends various other acts to introduce definitions and establish procedures…
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Yellen says not all deposits safe in future bank failures
WASHINGTON — Treasury Secretary Janet Yellen sought to reassure markets and lawmakers on Thursday that the federal government is committed to protecting U.S. bank deposits following the failure of Silicon Valley Bank and Signature Bank…
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