regulatory rules

  • US President Biden Assures Americans of Banking System Safety

    It is reported that US President Biden delivered a speech on the situation of the banking industry: the rapid action of the government should make Americans believe that the US banking system is safe. The Federal Deposit Insurance Corporation of the United States has controlled the assets of Signature Bank and Silicon Valley Bank. American taxpayers will not bear any losses, and the funds will come from the insurance fund. Congress and regulators will be required to strengthen bank regulatory rules. We will not stop here. We will take all necessary measures. We must prevent this from happening again. It is necessary to conduct comprehensive accounting for what happens in the bank. Biden: We have controlled the assets of signature banks and Silicon Valley banks, and will require the Congress and regulators to strengthen bank supervision rules Analysis based on this information:US President Biden recently addressed the situation of the US banking industry and emphasized the need for rapid government…

    03/13/2023
    110
  • The Regulatory Dispute that Blocked Voyager’s Bankruptcy Process

    It is reported that the bankruptcy process of Voyager, the cryptocurrency exchange, was blocked because the regulators had disputes over the cryptocurrency reg…

    03/07/2023
    109