According to Michael Clements, the U.S. Government Accountability Office (GAO) is reviewing “large deposits from the digital asset space” to determine if cryptocurrency played a role in Signature Bank’s collapse. The review underscores the increasing concerns of regulators over the potential risks posed...
Several entities took a bet on bitcoin amid its dip, a bet which is now seemingly paying off as the number one crypto earlier on set a new ATH for 2023, breaking above the $30,000 mark for the first time in 2023. In...
In a bid to protect citizens’ retirements, the Canadian government will direct regulated pension funds to show their exposure to cryptocurrency. Part of Canada’s 2023 budget plan mentioned the need to protect investors from cryptocurrency risks, adding that “there is a clear need...
Business intelligence outfit MicroStrategy has confirmed a loan from Silvergate but says the tenure is still a few years away. The company added that it is not worried about Silvergate’s current financial status and will not be looking to accelerate the loan. MicroStrategy...