Former Signature Bank executive, Scott Shay, has been criticized for blaming the collapse of the bank on cryptocurrency while allegedly pocketing millions in bonuses and stock options. During a Senate Banking Committee hearing, Senator Cynthia Lummis accused Shay of deflecting blame onto digital assets and regulators. Senator Elizabeth Warren also criticized Shay and Silicon Valley Bank CEO, Gregory Pecker, for keeping millions after recklessly crashing banks. Warren is working with a bipartisan group in the Banking Committee to introduce a bill that can claw back excessive paychecks. The New York Department of Financial Services (NYDFS) previously stated that blaming crypto for Signature Bank's collapse was "ludicrous" and that it was instead a "new-fashioned bank run."
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Senators slam Signature Bank execs for blaming collapses on crypto, pocketing millions
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Cryptocurrency transactions surge in Spanish real estate market
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South Korea’s Paju City Government Warns Tax Debtors It Will Sell Their Crypto Holdings If They Don’t Pay Their Debts
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Real Vision founder: I agree with Michael Saylor's view that BTC will become the base layer of multiple assets
Raoul Pal, former Goldman Sachs executive and founder of macro research firm Real Vision, posted on X stating: "So it looks like Michael Saylor and I have come to a consensus again. I also believe that BTC is a pristine asset. He also believes that tokenization of all assets, cultures, etc. will occur, and they are not the same as each other. Ultimately, there will be a variety of assets based on the BTC underlying layer." -
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Placeholder Partner: Narrow investor attitudes swing based on the performance of the tokens they hold. To avoid this problem, you need to go long on high-quality tokens
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China and Peru agreed to strengthen cooperation in the digital economy and other fields and promote the development of exponential technologies such as AI and blockchain
the joint statement between the People's Republic of China and the Republic of Peru on deepening their comprehensive strategic partnership states that both sides agree to strengthen cooperation in the fields of digital economy, technological innovation, digital transformation, technology personnel exchange, technology transfer, digital security, etc., and promote the development of exponential technologies such as artificial intelligence, robotics, the Internet of Things, blockchain, data analysis, nanotechnology, and telemedicine. -
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