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US
California Leads the Way as U.S. Federal, State Agencies Consider Blockchain’s Applications: Bank of America
The tokenization of vehicle titles could enable fractionalized vehicle ownership, the report said.
U.S. Banking Crisis Could Present an Opportunity for Some Crypto Exchanges: JPMorgan
Stablecoin trading volumes have increased following the run of bank collapses in the U.S., the report said.
Do Kwon Now Faces Criminal Fraud Charges From U.S. Prosecutors
Federal prosecutors filed criminal fraud charges against the Terraform Labs founder, who already faced civil charges in the U.S. and was arrested earlier Thursday.
Just Saying No to Digital Dollars Means Cementing the Surveillance Status Quo
Political attacks on CBDCs give a pass to existing government and commercial oversight of financial transactions and forfeits opportunity to shape global standards in accord with American values, says Christopher Giancarlo, co-founder of the Digital Dollar Project.
Rapid Bank Runs Reveal Deposits Are Now Magic Internet Money, Too
Federal Reserve Chair Jerome Powell says the speed of the Silicon Valley Bank run was “very different from what we’ve seen in the past.” However, Treasury Secretary Janet Yellen said she is not considering a "blanket" deposit guarantee.
SVB Financial’s First Bankruptcy Hearing ‘Wasn’t Really So Routine,’ Says Legal Expert
The former Silicon Valley Bank holding company needs access to the bank's FDIC-controlled funds to pay creditors and support two other operations, says Kleinberg, Kaplan partner Dov Kleiner.
IRS Seeks to Tax NFTs Like Other Collectibles
NFTs will be taxed like the underlying assets until final rules are agreed on how to treat digital proofs of ownership held in retirement accounts
Core Scientific Bankruptcy Judge Approves Transfer of Over $20M of Equipment to Its Exclusive Energy Negotiator
Core Scientific had stopped paying Priority Power Management in May 2022.
Coinbase No Longer Supporting Signature Bank’s Signet Network: WSJ
The fate of Signet has been unclear since Signature Bank was shut down by New York State regulators last weekend.
