Regulations


Policy

U.S. Fed’s Supervision Chief Investigating What Happened With Silicon Valley Bank

The Federal Reserve’s vice chairman for supervision, Michael Barr, is digging into the bank failure, the U.S. central bank announced.

Federal Reserve Vice Chair Michael Barr (Alex Wong/Getty Images)

Policy

Bank Collapses Underscore G-20 Hesitance on Crypto: Source

As the current president of the G-20, India has the power to ask international bodies tasked with framing the global crypto rules to factor in recent bank collapses.

Indian fFnance Minister Nirmala Sitharaman (right) with U.S. Treasury Secretary Janet Yellen (Indian Finance Ministry)

Policy

Panic Mustn’t Be Allowed to Spread After SVB Collapse: EU Lawmaker

Germany’s Markus Ferber said there needs to be a review of interest rate and sovereign bond exposures.

The European Parliament in Brussels (John Elk III/Getty Images)

Policy

BlockFi Has Cash Access for Staff, Vendors Despite SVB Collapse: Attorney

The company had millions deposited with Silicon Valley Bank but regulators intervened Sunday evening to safeguard all customer monies.

BlockFi CEO Zac Prince at Consensus 2019 (CoinDesk)

Policy

Silicon Valley Bank Customers Can Fully Access Funds After FDIC Creates New Bridge Bank

Loans and other services will resume on normal schedule Monday following a switch to a new bridge bank, the regulator said

Silicon Valley Bank was shuttered Friday. (Justin Sullivan/Getty Images)

Policy

EU Merchants Could Be Required to Accept Digital Euro, Ministers Told

Governments from the euro currency bloc are due to discuss strategic objectives for the CBDC later Monday.

Ministers are set to discuss a digital euro. (Maarten Wouters/Getty Images)

Policy

IMF Had Warned G-20 Widespread Crypto Use Would Impact Banks

"Finally, banks may lose deposits and have to curtail lending," the report made available to the G-20 in February said.

IMF Managing Director Kristalina Georgieva (Helene Braun/CoinDesk)

Policy

After Landmark Crypto Law, European Politicians Contemplate Building Their Own Blockchain

"Europeum" could safeguard values like privacy, Belgian Digital Minister Mathieu Michel told CoinDesk, as he seeks to make his country a blockchain hub.

Belgian minister Mathieu Michel (Office of Mathieu Michel)

Policy

Circle Scrambles to Right USDC After Signature Bank Failure

Circle Internet Financial is racing to find new banking partners for its USDC stablecoin.

CEO Jeremy Allaire's Circle is part of the consortium behind USDC. (Danny Nelson/CoinDesk)

Policy

Crypto-Friendly Signature Bank Shut Down by State Regulators

Signature said it intended to limit its crypto exposure last year.

(SignatureNY.com, modified by CoinDesk)