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The Short-Sightedness of Run-Amok Regulators

Ric Edelman, founder of the Digital Assets Council of Financial Professionals, talks about a key reason why crypto’s future looks bleaker: an apparent effort to cut it off from U.S. banks.

By Ric Edelman

Mar 29, 2023 at 4:44 p.m. UTC

Mar 29, 2023

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Martin Gruenberg, chairman of the Federal Deposit Insurance Corp.

U.S. Bank Regulators Investigating Leaders of the Failed Tech Banks

FDIC chief Martin Gruenberg said a probe is underway as he and Fed Vice Chairman Michael Barr get set to tell U.S. senators what went on at Silicon Valley Bank, Signature Bank and Silvergate Bank.

By Jesse Hamilton

Mar 27, 2023 at 6:46 p.m. UTC

Mar 27, 2023

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Bank Consolidation Threatens Freedom, Makes Case for Bitcoin

The biggest threat from the banking crisis triggered by this month’s collapse of Silicon Valley Bank might not lie in the potential for depositors to lose their savings but in the censorship power that massive banks are now accumulating as customers move their money.

By Michael J. Casey

Mar 24, 2023 at 5:13 p.m. UTC

Mar 24, 2023

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Finance

Opinion

Crypto Is the Solution to Bank Runs, Not the Cause

Self-custody, transparency and immediate settlement are just a few ways that crypto could prevent loss of funds.

By Adam Blumberg

Mar 23, 2023 at 12:45 p.m. UTC

Mar 23, 2023

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Markets

Opinion

Bitcoin Emerges as Safe Haven as Traditional Finance Faces Turmoil

Conflicting data creates the question of how the Fed will react to both rising inflation and failing banks - and whether bitcoin will be a lifeboat.

By Nathan Cox

Mar 22, 2023 at 5:40 p.m. UTC

Mar 22, 2023

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Policy

Regulations

Looking at Some Unanswered Signature and Silvergate Bank Questions

Just what exactly forced the shutdowns?

By Nikhilesh De

Mar 21, 2023 at 11:55 p.m. UTC

Mar 21, 2023

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Policy

Regulations

No Crypto Banking Port Has Really Opened Up in This U.S. Storm

As Silvergate, Signature and Silicon Valley banks imploded, crypto customers grabbed assets and ran, but those hoping to land at major U.S. banks have been mostly disappointed.

By Jesse Hamilton

Mar 20, 2023 at 2:49 p.m. UTC

Mar 20, 2023

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Consensus Magazine

Opinion

U.S. Banking Cutoff Presents Opportunities for Crypto in Europe

Policymakers seem to be doing their best to suffocate dollar on-ramps into crypto, leaving the door open for other mature markets to gain a competitive edge, Kaiko research analyst Conor Ryder writes.

By Conor Ryder

Mar 19, 2023 at 10:30 a.m. UTC

Mar 19, 2023

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Consensus Magazine

Opinion

This Crisis Will Define the Future of Money

The recent collapse of three high-profile banks - Silicon Valley Bank, Silvergate Bank and Signature Bank - has caused worrying outflows at hundreds of regional banks. Now, with the U.S. Federal Reserve creating a new backstop facility reportedly worth $2 trillion, the echoes of crises in 2008 and 2013 are loud.

By Michael J. Casey

Mar 17, 2023 at 6:11 p.m. UTC

Mar 17, 2023

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Consensus Magazine

Opinion

Bitcoin Is a Clear Winner of the U.S. Banking Crisis

The narratives around bank failures, stablecoins and interest rate hikes seem strong enough to propel the price of bitcoin, says CoinDesk's George Kaloudis.

By George Kaloudis

Mar 17, 2023 at 3:26 p.m. UTC

Mar 17, 2023

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