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” Silicon Valley Bank collapse: Everything that’s happened until now “ The sudden collapse of Silicon Valley Bank (SBV) has quickly unfolded over the course of three days, depegging stablecoins, leading regulators in the United States and United Kingdom to prepare emergency plans and raising fears among small businesses, venture capitalists and other depositors with…
” Bank of London bids to acquire Silicon Valley Bank’s UK arm “ Global clearing institution Bank of London has submitted a formal proposal to acquire the Silicon Valley Bank’s subsidiary in the United Kingdom, according to a statement disclosed by Reuters on March 12. As per the statement, the purchase is an effort from…
” UK regulators moving “at pace” to deliver a plan for tech firms hurt by SVB collapse “ A plan to rescue startups and tech companies affected by the Silicon Valley Bank collapse is underway in the United Kingdom, according to multiple reports on March 12. The emergency plan will include a cash lifeline to…
” CBDCs threaten our future, so it’s time to take a stand “ If the development of blockchain technology was a financial revolution, central bank digital currencies (CBDCs) are the counter-revolution. Their development has intensified in 2023 across the globe, and it’s now more important than ever for the world to know what could lay…
” FCA officials tell UK parliamentary committee crypto regulation is unavoidable “ Officials of the United Kingdom’s Financial Conduct Authority (FCA) appeared before the House of Commons’ Treasury Committee on March 8 to discuss the agency’s work. Among the issues raised was cryptocurrency regulation, which the officials approached with a clear lack of enthusiasm. FCA…
” Bitcoin thought leaders weigh the pros and cons of Ordinals “ Ordinals are here to stay. Ordinals, or the ability to permanently ink the Bitcoin (BTC) blockchain with data, typically in the format of a picture or jpeg, are a controversial topic among some members of the Bitcoin and wider crypto community. Not so…
” Technical discussions take center stage at Advancing Bitcoin conference in London “ The Bitcoin (BTC) bear market builders convened in London, United Kingdom, during the Bitcoin-only conference “Advancing Bitcoin.” Common Bitcoin conference vernacular, words like “macro,” “shitcoin,” or “debt spiral” were absent from the debate, replaced by computer science terms; words like “OP_return,” “nonce,”…
” UK banks HSBC, Nationwide to ban crypto purchases with credit cards: Report “ United Kingdom babanks HSBC Holdings and Nationwide Building Society are banning cryptocurrency purchases via credit cards for retail customers. They join a growing list of banks in the country to tighten restrictions on digital assets. A Bloomberg report on March 2…
” Bank of England has no tech skills to issue CBDC yet: Deputy governor “ According to a deputy governor, the United Kingdom is not ready to issue a central bank digital currency (CBDC) just yet, as the Bank of England (BoE) doesn’t have enough expertise. There is more than a 50% chance that the…
” Recycle to earn, a new frontier for blockchain technology towards ESG goals “ ‘Recycle to Earn’ was the motto presented by Eric Vogel earlier this month while pitching his startup at the European Blockchain Convention, decades after he started recycling plastics and cans from his grandmother’s house to earn extra money for a Game…