Crypto exchange Binance and founder Changpeng Zhao are being sued by the Commodity Futures Trading Commission CFTC over allegations that the company knowingly offered unregistered crypto derivatives products in the U S against federal law Separately a filing with the SEC shows that Micro Strategy MSTR prepaid the remaining principal on its 205 million loan [...]
The biggest threat from the banking crisis triggered by this month’s collapse of Silicon Valley Bank might not lie in the potential for depositors to lose their savings but in the censorship power that massive banks are now accumulating as customers move their money.
The recent collapse of three high-profile banks - Silicon Valley Bank, Silvergate Bank and Signature Bank - has left many regional banks reeling. Angel investor and MythOfMoney.com author Tatiana Koffman joins “All About Bitcoin” to discuss her last opinion piece on CoinDesk, titled "Bitcoin Was Built for This Moment."
Custodia Bank founder and CEO Caitlin Long discusses the ongoing jitters in the banking sector following the scrutiny of crypto-friendly Silvergate and Signature banks. "By going after the crypto industry...there was definitely predatory behavior...and they didn't realize just how fragile the traditional banking system is," Long said.