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Billionaire Mark Cuban defends crypto and criticizes the traditional banking system

Billionaire Mark Cuban defends cryptocurrencies and criticizes John Reed Stark, a former official at the Securities and Exchange Commission (SEC). Cuban points out the inconsistency in Stark's criticism of collective thinking in the world of cryptocurrencies and asserts that it helped save depositors when...

FDIC Denies Requiring Signature Bank Buyers to Divest Crypto Activities

The Federal Deposit Insurance Corporation (FDIC) has denied reports that buyers of Signature Bank must give up all cryptocurrency business as part of the sale. The FDIC regulators have asked interested banks to submit bids for failed US lenders Silicon Valley Bank and Signature Bank,...