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New York Regulator Calls Crypto Theories Associated With Signature Bank Closure ‘Ludicrous’

Bitcoin.com
New York Regulator Calls Crypto Theories Associated With Signature Bank Closure ‘Ludicrous’
Adrienne A. Harris
New York Regulator Calls Crypto Theories Associated With Signature Bank Closure ‘Ludicrous’Adrienne A. Harris, the superintendent of New York’s Department of Financial Services, has branded as “ludicrous” the claims that the closure of Signature Bank was related to its crypto business. Harris insisted that the bank’s “high percentage of uninsured deposits” and insufficient liquidity were some of the reasons why it was closed. Signature Bank’s Liquidity […]
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US Congressman calls SEC Chair Gary Gensler “rogue regulator”

US Congressman calls SEC Chair Gary Gensler “rogue regulator”

Law Firm’s White Paper Claims US Bank Regulators Are Waging a ‘Clandestine Financial War’ Against Crypto Businesses

Bitcoin.com
Law Firm’s White Paper Claims US Bank Regulators Are Waging a ‘Clandestine Financial War’ Against Crypto Businesses
Access to crypto
Law Firm’s White Paper Claims US Bank Regulators Are Waging a ‘Clandestine Financial War’ Against Crypto BusinessesAccording to a recent white paper published by four members of the law firm Cooper & Kirk, PLLC, U.S. bank regulators are attempting to “drive crypto businesses out of the financial system.” The paper, titled “Operation Chokepoint 2.0,” claims that after laying the groundwork by labeling lawful businesses as “reputationally risky,” federal bank regulators, with […]
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US Congressman calls SEC Chair Gary Gensler “rogue regulator”

US Congressman calls SEC Chair Gary Gensler “rogue regulator”

Operation Chokepoint: Bitcoin Advocates Discuss US Government’s Alleged Mission to Eliminate Crypto Access

Bitcoin.com
Operation Chokepoint: Bitcoin Advocates Discuss US Government’s Alleged Mission to Eliminate Crypto Access
ACCESS
Operation Chokepoint: Bitcoin Advocates Discuss US Government’s Alleged Mission to Eliminate Crypto AccessSince the collapse of three American banks friendly to cryptocurrency businesses and the U.S. government’s insistence that crypto assets are “risky investments,” many speculators believe bureaucrats are purposely closing access to cryptocurrencies. Some refer to the U.S. government’s recent enforcement as “Operation Chokepoint,” a mission aimed at eliminating access to the crypto ecosystem in the […]
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US Congressman calls SEC Chair Gary Gensler “rogue regulator”

US Congressman calls SEC Chair Gary Gensler “rogue regulator”

Flagstar Bank Acquires Signature Bank’s Assets and Branches, Excluding Cryptocurrency Operations

Bitcoin.com
Flagstar Bank Acquires Signature Bank’s Assets and Branches, Excluding Cryptocurrency Operations
Assets
Flagstar Bank Acquires Signature Bank’s Assets and Branches, Excluding Cryptocurrency OperationsOn Monday, about a week after the collapse of Signature Bank, the Federal Deposit Insurance Corporation (FDIC) announced that Flagstar Bank, a wholly owned subsidiary of New York Community Bancorp, acquired 40 former branches of Signature and its assets. Flagstar assumed nearly all of Signature’s deposits, except for $4 billion of deposits related to the […]
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US Congressman calls SEC Chair Gary Gensler “rogue regulator”

US Congressman calls SEC Chair Gary Gensler “rogue regulator”

Burry on Banking Crisis, Kiyosaki Warns of ‘Fake Money’ Injections; Talk of ‘Anti-Crypto’ Agenda Behind Signature Bank Collapse — Week in Review

Bitcoin.com
Burry on Banking Crisis, Kiyosaki Warns of ‘Fake Money’ Injections; Talk of ‘Anti-Crypto’ Agenda Behind Signature Bank Collapse — Week in Review
anti-crypto
Burry on Banking Crisis, Kiyosaki Warns of ‘Fake Money’ Injections; Talk of ‘Anti-Crypto’ Agenda Behind Signature Bank Collapse — Week in ReviewSpeculation and debate continue to rage surrounding the current global banking debacle. Hedge fund manager Michael Burry — known for predicting 2008’s economic crisis — is drawing comparisons to the Panic of 1907, while Rich Dad Poor Dad author Robert Kiyosaki warned this week of more ‘fake money’ being injected into the U.S. economy. In […]
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US Congressman calls SEC Chair Gary Gensler “rogue regulator”

US Congressman calls SEC Chair Gary Gensler “rogue regulator”

Republican Congressman Tom Emmer Queries FDIC on Alleged Efforts to Purge Crypto Activity from US

Bitcoin.com
Republican Congressman Tom Emmer Queries FDIC on Alleged Efforts to Purge Crypto Activity from US
anti-crypto message
Republican Congressman Tom Emmer Queries FDIC on Alleged Efforts to Purge Crypto Activity from USOn Wednesday, Tom Emmer, the U.S. Republican congressman from Minnesota, revealed he sent a letter to Martin Gruenberg, the chairman of the Federal Deposit Insurance Corporation (FDIC), regarding reports that the FDIC is “weaponizing recent instability” in the U.S. banking industry to “purge legal crypto activity” from the United States. Specifically, Emmer asked Gruenberg if […]
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US Congressman calls SEC Chair Gary Gensler “rogue regulator”

US Congressman calls SEC Chair Gary Gensler “rogue regulator”

Report: US Government Auctions Off Failed Banks SVB and SNBY, Crypto Restrictions Apply

Bitcoin.com
Report: US Government Auctions Off Failed Banks SVB and SNBY, Crypto Restrictions Apply
American Banks
Report: US Government Auctions Off Failed Banks SVB and SNBY, Crypto Restrictions ApplyThe U.S. government and the Federal Deposit Insurance Corporation (FDIC) are auctioning off two failed American financial institutions, Silicon Valley Bank (SVB) and Signature Bank (SNBY), this week, with bids due by March 17. However, sources familiar with the matter said the qualifications to purchase the banks are stringent, and reportedly, the purchasers cannot deal […]
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US Congressman calls SEC Chair Gary Gensler “rogue regulator”

US Congressman calls SEC Chair Gary Gensler “rogue regulator”

$110,000,000,000 Bank Seized by Regulators To Send Anti-Crypto Message, Says Former Congressman Barney Frank

The Daily Hodl
0,000,000,000 Bank Seized by Regulators To Send Anti-Crypto Message, Says Former Congressman Barney Frank
Barney Frank
0,000,000,000 Bank Seized by Regulators To Send Anti-Crypto Message, Says Former Congressman Barney Frank

Former Democratic congressman from Massachusetts Barney Frank suspects Signature Bank may have been taken over by regulators to send an “anti-crypto message.” The New York State Department of Financial Services shuttered Signature on Sunday after customers withdrew $10 billion worth of deposits on Friday. The state regulator appointed the Federal Deposit Insurance Corporation (FDIC) to […]

The post $110,000,000,000 Bank Seized by Regulators To Send Anti-Crypto Message, Says Former Congressman Barney Frank appeared first on The Daily Hodl.

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US Congressman calls SEC Chair Gary Gensler “rogue regulator”

US Congressman calls SEC Chair Gary Gensler “rogue regulator”

Bank Board Member and Dodd-Frank Co-Sponsor Barney Frank Suspects ‘Anti-Crypto’ Message Behind Signature Bank Failure

Bitcoin.com
Bank Board Member and Dodd-Frank Co-Sponsor Barney Frank Suspects ‘Anti-Crypto’ Message Behind Signature Bank Failure
anti-crypto
Bank Board Member and Dodd-Frank Co-Sponsor Barney Frank Suspects ‘Anti-Crypto’ Message Behind Signature Bank FailureBarney Frank, a former member of the U.S. House of Representatives from Massachusetts and leading co-sponsor of the 2010 Dodd-Frank Act, discussed his opinion on the recent failure of Signature Bank. In an interview, Frank stated that he believes regulators aimed to “send a very strong anti-crypto message.” Frank, who also serves as a Signature […]
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US Congressman calls SEC Chair Gary Gensler “rogue regulator”

US Congressman calls SEC Chair Gary Gensler “rogue regulator”

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