US

U.S. Treasury Poised to Release View on How DeFi Used in Illicit Finance
The department has reviewed decentralized finance’s role in such incidents as North Korean ransomware attacks, and will issue a risk assessment, a senior official said.

Bitcoin Breaks $25K as U.S. Inflation Slowed to 6% in February
BTC rose to a nine-month high of $25,484 in the minutes following the inflation report and then extended those gains.

Coinbase Files Amicus Brief in Insider Trading Case: ‘We Need Rulemaking’
The exchange denies any of the tokens former Coinbase manager Ishan Wahi traded with associates were securities because Coinbase doesn’t list securities – but it would like to if the SEC gave it proper rules and guidance.

Banking Crisis Won’t Kill Crypto Banking Despite Short-Term Pain
From alternative banks to on-chain banking, crypto banking still has plenty of options, experts say.

Justice Department Investigating TerraUSD Stablecoin Collapse: Reports
The investigations follow the filing of the SEC’s civil fraud lawsuit against Terraform Labs and Do Kwon last month.

It’s Not Just Fraud That Chilled Crypto Regulation
While it’s easy to blame the recent shift in the regulatory mood regarding crypto markets on certain bad actors, the real roots lie beyond the crypto ecosystem, says Noelle Acheson.

FDIC Planning to Try Auctioning Silicon Valley Bank Again: WSJ
The designation of SVB’s failure as a potential systemic threat gives the FDIC more options to sell the bank.

U.S. Fed’s Supervision Chief Investigating What Happened With Silicon Valley Bank
The Federal Reserve’s vice chairman for supervision, Michael Barr, is digging into the bank failure, the U.S. central bank announced.

Silicon Valley Bank's Parent Looking at Strategic Alternatives
SVB Financial Group appointed a restructuring committee for its venture capital and investment banking arm.

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.

