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Monthly Archives: March, 2023

USDC Issuer Circle Says it ‘Awaits Clarity’ From FDIC on Silicon Valley Bank Collapse

USDC issuer Circle Internet Financial said late Friday it "awaits clarity" from federal banking regulators on the status of its deposits at Silicon Valley...

U.S., EU search for climate truce — and a united front against China

After a winter during which the EU threw constant barbs at the U.S. over Biden’s signature climate law and its $369 billion of green...

Legal betting on WWE matches? NFW, say gambling operators

Becky Lynch celebrates defeating Bianca Belair at SummerSlam 2021.World Wrestling EntertainmentIt's clear why World Wrestling Entertainment would want headlines over the prospect of bettors...

Who Failed Silicon Valley Bank Depositors?

Yes, SVB was tech-forward and, while not necessarily “crypto-friendly,” it did bank crypto hedge funds and VCs like Blockchain Capital, Castle Island Ventures, Dragonfly...

Can Sunak-Macron bromance help stop the boats?

The PM is staking his reputation on resolving the issue of migrants crossing the Channel. www.bbc.co.uk

Forex: J$153.55 to one US dollar

‌KINGSTON, Jamaica – The US dollar on Friday, March 10 ended trading at J$153.55 down by seven cents, according to the Bank of Jamaica's...

Forexlive Americas FX news wrap 10 Mar: SVB overshadows the jobs report

The markets have been waiting for the jobs report what seems like forever. Not only was it delayed because February is a short month...

Oscar box office bump is shrinking

Michelle Yeoh in "Everything Everywhere All at Once."Source: imdbThe winner of the best picture award at Sunday's Oscars may not get a box office...

Ether a Security? That Could Have Huge Ramifications for Crypto, Legal Expert Says

Once there are "federal guidelines, rules, regulations and laws that may preempt state law, oftentimes you'll see things percolate up from the states and...

$920B is the number to watch now that crypto’s trillion dollar total market cap is gone

Big round numbers always pique the interest of investors and the $1 trillion total crypto market capitalization is no exception. It’s a level that...

How Silvergate’s Crypto Collapse Differed From Silicon Valley Bank’s: No Bailout

In the end, Silvergate Bank didn’t survive. But its executives were able to avoid taking government assistance. Silvergate Capital’s share price is down 83%...

Sam Bankman-Fried’s bail conditions still too lenient, says judge

On Mar 10, Reuters reported that the U.S. District Judge Lewis Kaplan has expressed concerns over the proposed bail conditions for former FTX cryptocurrency...

SEC disapproves VanEck spot BTC trust product, commissioners see double standard

The United States Securities and Exchange Commission (SEC) ordered against a rule change to allow investment manager VanEck to create a spot Bitcoin Trust...

A Glimpse of DeSantis in Iowa: Awkward, but Still Winning the Crowd

Gov. Ron DeSantis of Florida visited Iowa on Friday, providing a window into his still-untested skills as a retail politician. www.nytimes.com

EMERGING MARKETS-Latam FX, stocks clock worst day in 5 weeks after SVB closure

* Fed seen on lower rate path as wage gains cool * Brazil's consumer prices rise more than expected * Chile's central bank to...

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