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Microsft, Amazon, and all the rain are some things we instantly associate with Washington state, but besides these, what is Washington known for? Located in Northwest USA, Washington shares internal borders with Oregon to the south, Idaho to the East, and an international border with Canada (British Columbia) to the north. It is the 18th…
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” Collapse of Silvergate and Silicon Valley Bank represent a challenge for crypto “ The collapse of Silicon Valley Bank (SVB) and Silvergate Capital, some of the most crypto-friendly banks in the industry, has forced many crypto firms to hold their breath. The loss of a significant banking partner for many companies means it will…
” US Fed faces internal probe over Silicon Valley Bank failure “ The Federal Reserve is investigating the factors that led to the failure of Silicon Valley Bank — including how it supervised and regulated the now-collapsed financial institution. In a Mar. 13 announcement, the Federal Reserve outlined that Vice Chair for Supervision Michael Barr…
” Robinhood subpoenaed by SEC over crypto listings and custody “ Robinhood Markets has confirmed that it had received an investigative subpoena from the United States Securities Exchange Commission (SEC) over its digital asset business’ crypto listings, custody and platform operations. In a 10-K filing, the brokerage said it received the investigative subpoena in December shortly…
” Change lies ahead for haphazard crypto regulation “ The World Wide Web, as its name implies, is borderless, and so is crypto. The internet and cryptocurrency’s common ethos is wide-open communication and exchange, unimpeded by national boundaries. On the ground, however, as crypto has become a more significant player in the financial system, nations…
” Gary Gensler’s SEC is playing a game, but not the one you think “ On Feb. 13, a federal judge put the Securities and Exchange Commission and the Commodity Futures Trading Commission cases against former FTX CEO Sam Bankman-Fried on hold. You’ll be forgiven if you missed this story — headlines and social media…
” SEC proposes tougher rules as part of its crypto custody crackdown “ A five-member panel of the United States Securities Exchange Commission (SEC) has voted 4-1 in favor of a proposal that may make it more difficult for cryptocurrency firms to serve as digital asset custodians in the future. The proposal, which is yet to…
” The SEC shook Kraken down for $30M, but it doesn’t mean they had a case “ The settlement between Kraken (Payward Ventures) and the United States Securities and Exchange Commission set off alarm bells in the crypto community this month. Apparently, Kraken — one of the most compliance-minded crypto exchanges in existence — decided…