Some investors are concerned that SVB's collapse and its US government rescue, after Silicon Valley investors' lobbying, could lead to tougher tech regulation
Some investors are concerned that SVB's collapse and its US government rescue, after Silicon Valley investors' lobbying, could lead to tougher tech regulation
Financial Times :
Some investors are concerned SVB's collapse and its rescue by the US government, after Silicon Valley investors' lobbying, could lead to tougher tech regulation
Late last Saturday night, Jason Calacanis, a prominent internet entrepreneur and investor, hit the caps button on his keyboard …
Signature's and SVB's collapse was aided by GOP-led Dodd-Frank reforms that raised the “stress test” threshold from $50B to $250B, pushed for by SVB executives
Officials with Signature and Silicon Valley banks, which regulators seized in recent days, called for looser financial requirements for midsize banks.
Coinbase and Binance temporarily suspend conversions of USDC; USDC depegged and traded at ~$0.90 as investors reacted to Circle's SVB exposure
Bloomberg :
Founders fear that the collapse of SVB, which had branches in the UK, Canada, China, Germany, India, Israel, and more, could wipe out startups around the world
Because startups that banked with SVB don't have access to their funds … Manish Singh / TechCrunch : Silicon Valley Bank collapse is impacting many Indian startups Philip Elmer-DeWitt / Philip Elmer‑D...
In an email to sellers, Etsy warns that the SVB collapse is causing delays in processing payments; one seller says it would be “catastrophic” for his business
Etsy is warning sellers that the collapse of Silicon Valley Bank on Friday is causing delays in processing payments …
US Treasury Secretary Janet Yellen on SVB: we are trying to meet the needs of depositors, but are not looking to bail out investors and owners of large banks
The following is a transcript of an interview with Treasury Secretary Janet Yellen that aired on “Face the Nation” on Sunday, March 12, 2023.