Can Bitcoin Kill Central Banks?

Bitcoin is a peer-to-peer unofficial currency that operates without government or central bank oversight. Central banks are keeping a close eye on it.

• 2023-05-19
• central banks decentralized system global economy Bitcoin Federal Reserve cryptocurrency monetary policy 2008 financial crisis

Crypto-friendly Signature Bank shut down by regulators, after collapses of Silicon Valley Bank, Silvergate

State authorities closed Signature Bank (SBNY) Sunday, after Silicon Valley Bank was shut down by regulators on Friday in the biggest bank failure since the 2008 financial crisis, according to a joint statement by the Department of the Treasury, Federal Reserve, and FDIC. All depositors of Signature bank will be made whole, according to the statement. New York-based Signature Bank has been popular among crypto companies, especially after crypto-friendly Silvergate Bank (SI) said Wednesday

• 2023-03-13
• Silicon Valley Bank Signature Bank Silvergate Bank 2008 financial crisis Federal Reserve MARKET PULSE digital assets the Department of the Treasury