Texas Senators Introduce Bill for State-Issued, Gold-Backed Digital Currency
Legislation authorizing the formation of a state-issued digital currency backed by gold was put forth by the Texas House and Senate.
Other top stories
All stories
Latest firstUS considers emergency credit expansion, First Republic in the spotlight
Despite banking laws requiring that remedies not be meant to benefit a specific bank, this change could be set up to ensure First Republic benefits.
186 US Banks at Risk of Collapse like Silicon Valley Bank, a study reveals
When SVB's position was compared to other participants, it became clear that nearly 190 American banks may be vulnerable to a run.
Collapsed Silicon Valley Bank’s parent firm SVB Financial files for Chapter 11 bankruptcy
The SVB Financial Group has filed for Chapter 11 insolvency in the Southern District of New York's federal bankruptcy court.
Potential Signature Bank buyers asked to stop crypto business by FDIC: Report
The report citing sources states that FDIC will only accept bids from banks with an existing bank charter, prioritizing traditional lenders over private equity firms.
Authorities shut down BTC Mixer ChipMixer, seizes $46M
Authorities claim that over the past five years, ChipMixer has moved 152,000 BTC ($2.88 billion).
US Senators Seek Copy of Binance’s Balance Sheets In Transparency Bid
In a letter to the CEOs of Binance and Binance.US, three US senators raised a lengthy list of concerns about the companies' alleged practices.
Briton who aided North Korea evade US sanctions via crypto arrested in Moscow
Christopher Emms has been listed as a wanted person internationally by the FBI for several years due to his involvement in supplying cryptocurrency and blockchain services to North Korea without authorization.
Wyoming Lawmakers Pass Bill which Prevents Disclosure of Private Keys
Individuals in Wyoming will be safeguarded from being forced to reveal their private keys starting on July 1 if Wyoming Governor Mark Gordon signs the measure, with a few exceptions.
White House releases “Roadmap” to Combat Crypto Fraud and Protect the Investors
In a recent statement, the Biden administration praised its comprehensive framework and urged lawmakers and authorities to crack down on cryptocurrency.
