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New York regulators are investigating Paxos, but the stablecoin issuer has debunked claims of its license being withdrawn.
Continue reading New York Regulators Launch Investigation into Stablecoin Issuer Paxos at DailyCoin.
The 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 [...]
The post Report: US Government Auctions Off Failed Banks SVB and SNBY, Crypto Restrictions Apply appeared first on Crypto Breaking News.
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