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  • Market Cap: $2,403,580,981,183.68
  • 24h Vol: $57,046,060,596.88
  • BTC Dominance: 56.54%

financial sector

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Bank of England Shuts Down Silicon Valley Bank’s UK Branch After US Regulators Close Parent Company

Leave a Comment / Bank Closures, bank collapse, bank customers, Bank Failure, bank insolvency procedure, Bank of England, Bank Run, Banking Crisis, Banking Industry, banking news, Bitcoin, BOE statement, BOE SVB UK, California Department of Financial Protection and Innovation, Central Bank, creditors, Crypto Hacked, Cryptocurrency, deposits, Ethereum, FDIC, financial sector, financial system, FSCS, hargreaves lansdown, Insolvency, liquidators, market analyst, Monetary Policy, News, rate hikes, Regulators, Silicon Valley Bank, Susannah Streeter, SVB, U.K. subsidiary, U.S. regulators, VCs, Venture Capital Funds, wire transfers / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

After U.S. regulators shut down Silicon Valley Bank (SVB) on Friday, the Bank of England has closed the company’s U.K.-based arm. The central bank explained that it intends to place the subsidiary into bank insolvency procedures. Fallout From SVB Failure Prompts BOE to Close U.K. Branch The ripple effect of the 16th largest bank in […]

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El Salvador Considers Opening Second Bitcoin Embassy in Texas to Boost Economic Exchange

Leave a Comment / alejandro zelaya, Bitcoin, Bitcoin adoption, Bitcoin Embassy, blockchain technology, commercial exchange, cross border transactions, Crypto Hacked, Crypto regulation, Cryptocurrency, currency risks, debt obligations, decentralized finance, Digital Assets, digital assets issuance law, disinformation, economic exchange, economic projects, El Salvador, Ethereum, financial sector, government officials, IMF mission statement, International Monetary Fund, Joe Esparza, Latin America, Lugano, Media, Milena Mayorga, Nayib Bukele, News, peer-to-peer transactions, slow adoption, Switzerland, Texas / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

On Feb. 14, 2023, Milena Mayorga, the Salvadoran ambassador to the United States, announced that her country is considering opening a second bitcoin embassy in the Lone Star State. Mayorga said that Texas is “our new ally” and the goal is to expand “commercial and economic exchange projects.” Ambassador Milena Mayorga Fosters Growing Relationship Between

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