
Latest from Nikhilesh De
Signature Bank Shutdown Caused by 'Crisis of Confidence' in Leadership, NYDFS Says
The New York regulator pushed back against claims it shut down Signature because of crypto.

CFTC Names Executives From Circle, TRM, Fireblocks Among Others to New Tech Advisory Group
The committee will be chaired by former White House official Carole House.

President Biden Calls for Stronger Bank Regulations in Wake of SVB, Signature Bank Collapses
The government on Sunday evening stepped in to guarantee no losses will be borne by the lenders' depositors.

USDC Stablecoin Regains Dollar Peg After Silicon Valley Bank-Induced Chaos
The stablecoin fell below $1 in value on Friday after it emerged that some portion of issuer Circle’s funds were at the failed Silicon Valley Bank.

Crypto-Friendly Signature Bank Shut Down by State Regulators
Signature said it intended to limit its crypto exposure last year.

U.S. Lawmakers Met With Fed, FDIC to Discuss Collapse of Silicon Valley Bank: Source
Rep. Maxine Waters convened meetings with federal bank regulators in the wake of the bank's collapse.

Silicon Valley Bank Shuttered by State Regulators
The startup-focused bank had a number of crypto clients.

U.S. Treasury Department Proposes 30% Excise Tax on Crypto Mining Firms
President Joe Biden unveiled his 2023 budget proposal on Thursday.

New York Attorney General Alleges Ether Is a Security in KuCoin Lawsuit
A press release said the lawsuit was part of ongoing "efforts to crack down on unregistered cryptocurrency platforms."

