The British government and the central bank, the Bank of England, have facilitated a private sale of Silicon Valley Bank UK to HSBC, according to Chancellor of the Exchequer Jeremy Hunt. He stressed t...
Tag: government
Treasury Sec Janet Yellen Says No Government Bailout for Silicon Valley Bank
While many are concerned about what the aftermath of the collapse of Silicon Valley Bank will be in the next couple of weeks and months, Treasury Sec Janet Yellen seems unfazed. United States Treasury...
BTC, USDC Soar After Government Promises to Rescue All Silicon Valley Bank Depositors
The U.S. government’s biggest financial regulators released a joint statement on Sunday promising to save every last depositor at Silicon Valley Bank (SVB) – even those not fully covered by the federa...
U.S. government guarantees all Silicon Valley Bank deposits, money available Monday
Financial regulators said Sunday night depositors of the failed Silicon Valley Bank will have access to all of their money starting Monday, March 13. In a joint statement, the heads of the Federal Res...
The US government will only help Silicon Valley Bank depositors
On Mar. 12, United States Treasury Secretary Janet Yellen assured Silicon Valley Bank (SVB) depositors that policies were being discussed to recover lost funds. Bail Out or Not Speaking during CBS’s F...
Ackman Urges US Government to Guarantee SVB Deposits
Billionaire hedge fund manager Bill Ackman has warned the US government that failing to guarantee all deposits held by Silicon Valley Bank (SVB) within 48 hours could result in the destruction of seve...
Yellen says no government bailout while FDIC auctions SVB assets. Final bids due end of Sunday.
Silicon Valley Bank will not get a government bailout, Treasury Secretary Janet Yellen said on the news program Face the Nation Sunday. The tech industry-driven bank was shut down by regulators ...
US Treasury Secretary Rules Out Government Bailout of Silicon Valley Bank – Featured Bitcoin News
U.S. Treasury Secretary Janet Yellen has ruled out a government bailout of the collapsed Silicon Valley Bank (SVB), which was shut down by regulators on Friday. Yellen explained that the reforms put i...
Treasury Secretary Janet Yellen says U.S. government won’t bail out Silicon Valley Bank
Janet Yellen, US Treasury secretary, speaks during a Financial Stability Oversight Council (FSOC) meeting at the Treasury Department in Washington, DC, US, on Friday, Dec. 16, 2022. Ting Shen | Bloomb...
Morgan Creek Capital Pleads Government to Bail SVB; Says Analyst
Mr. Whale tweeted that Morgan Creek Capital was a large depositor at SBV. The tweeter added that Anthony Pompliano has been urging the government to bail the bank out. Reports suggest that many banks ...
Government has 48 hours to fix ‘irreversible mistake’
Billionaire investor Bill Ackman wrote a lengthy analysis of the Silicon Valley Bank failure on Saturday, arguing that the U.S. government needs to protect all of the bank’s depositors. The fina...
Billionaire Warns of Imminent Bank Runs if Government Fails to Guarantee All SVB Deposits – Economics Bitcoin News
Billionaire Bill Ackman has warned of “vast and profound” consequences of the U.S. government letting Silicon Valley Bank (SVB) fail without protecting all depositors. “No company will take even a tin...
Andrew Yang warns of ‘mass layoffs,’ calls for government intervention after Silicon Valley Bank collapse
Andrew Yang, the entrepreneur who grabbed national attention during his 2020 White House run and his 2021 New York City mayoral run, urged government intervention following the Silicon Valley Bank (SV...
Silicon Valley Bank failure has investors calling for government aid
Big names in Silicon Valley and the finance sector are calling publicly for the federal government to push another bank to assume Silicon Valley Bank’s assets and obligations after the financial...
“The government has about 48 hours to fix a-soon-to-be-irreversible mistake”: Bill Ackman warns some businesses may not be able to meet payroll after SVB’s failure
“The government has about 48 hours to fix a-soon-to-be-irreversible mistake. By allowingSVB Financial to fail without protecting all depositors, the world has woken up to what an uninsured deposit is ...
SVB implosion ‘a-soon-to-be-irreversible mistake’ unless government intervenes
The consequences could be “vast and profound” if Silicon Valley Bank is not bailed out, according to billionaire investor Bill Ackman. Ackman warned of an “irreversible mistake” if a...
U.S. government appeals Voyager-Binance.US sale
Ad The U.S. government has appealed a judicial decision that approved the sale of Voyager Digital’s assets to Binance.US, according to a filing on March 9. Two government agencies filed the appeal: th...
Australian Oscar Nominees Discuss Their Country’s Support And The Possibility Of Making History This Year
(From left to right) Jonathan Redmond, Kate Marks, David Lee, Graeme Mason, Wayne Pashley, Jason … [+] Baird, Emma Cooper, Cate Blanchett, Jane Duke, Baz Luhrmann, Mandy Walker, Catherine Martin...
‘I don’t see another bank stepping in to help.’ Bill Ackman suggests government intervention to save Silicon Valley Bank parent.
“The failure of Silicon Valley Bank could destroy an important long-term driver of the economy as VC-backed companies rely on SVB for loans and holding their operating cash. If private capital can’t p...
‘Too big to fail’ is back as Bill Ackman says government should consider a Silicon Valley Bank bailout
It’s looking like 2008 for some investors in the private markets. Venture investors and tech founders are in “sheer panic” after Silicon Valley Bank, a prolific lender and important banking institutio...
Joe Biden’s government proposes 30% crypto mining tax
President Joe Biden has proposed an excise tax on cryptocurrency mining companies that is 30% of the cost of the power they use. Biden’s Fiscal Year 2024 budget included a proposal to implement wash s...
Independent Expert Commission Needed To Probe “Deadly Mistakes” Made By Government During Covid-19 Crisis
The Covid-19 crisis and the too-often catastrophic mistakes made in response to it need a thorough examination so we can learn the right lessons and begin the process of restoring trust in our public ...
Indian government announces new crypto regulations
India’s stance on cryptocurrency and token transactions has been a topic of much discussion in recent times. Now, the country’s finance ministry has issued a notice outlining its plan to regulate virt...
Silvergate failure draws attention of government exes and crypto community
The failure of the crypto-friendly bank Silvergate has sparked a conversation about who was responsible for the fall of the first domino and where crypto companies might go for their banking requireme...
Indian Government to Strengthen Control Over Digital Assets
20 seconds ago | 2 mins read Bitcoin News Regulation against money laundering applied to crypto trading, and associated financial services. FIU-IND will then receive reports of suspicious activities f...
U.S. Government Moves $1B of Seized Silk Road BTC, Prompting Liquidation Fears
Key Takeaways A wallet associated with seized Silk Road funds moved $1.08 billion in BTC. The address moved 39,174 BTC to two new wallets, and 9,825 BTC to a wallet reportedly belonging to Coinbase. T...
US Government Abruptly Transfers $217,000,000 in Bitcoin to Coinbase: PeckShield
A crypto analytics firm says the US government is suddenly transferring massive amounts of Bitcoin that it seized from the defunct, nefarious marketplace Silk Road. According to PeckShield, the US jus...
40,000 BTC Moved on Coinbase by US Government, What’s Happening?
Arman Shirinyan Move by US government unexpected, yet should not really affect market performance of Bitcoin The U.S. government recently moved around 40,000 Bitcoins, worth more than $2 billion, to C...
FTX Bankruptcy Examiner Denial Appealed by U.S. Government
The U.S. Trustee, a branch of the Department of Justice (DOJ), had previously argued that bankruptcy law requires an independent probe for any case of such magnitude, despite warnings that it could co...
Aussie Government Delays Crypto Legislation
Internal documents have revealed that crypto regulation in Australia may only be expected past 2024 as the government takes time to gather a complete picture of the industry. Internal documents from t...