Yesterday’s decision by California’s banking regulator to shut Silicon Valley bank after a $42bn run by depositors, the second-largest bank failure in US history, threatens far-reaching consequences. One of its […]
US cryptocurrency entrepreneurs who have flouted the rules on investor protection should face jail sentences, a former regulator said yesterday. Speaking at the Crypto Policy Symposium, John Reed Stark, former […]
US authorities are seeking to rein in the financial stability risks created by the runaway growth of the stablecoin market, according to a new report released yesterday. Stablecoins are digital […]
The biggest crises in financial markets happen when an asset previously assumed to be safe turns out not to be. Investors rush to sell it, they find they can’t get […]
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