regulatory authority
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Coin An Canada subsidiary submits a pre registration commitment to the regulatory authority
According to reports, market news: The Canadian subsidiary of Coin Safety submitted a pre registration commitment to the regulatory authority.
Coin An Canada subsidiary submits a p -
The British subsidiary of Silicon Valley Bank said that it had a separate balance sheet independent of its parent company
On March 11, the British subsidiary of the Bank of Silicon Valley said that the subsidiary was a “separately operated banking institution” and was under the management of the British regulatory authority PRA. The subsidiary said that Silicon Valley Bank UK (SVB UK) has been a separate subsidiary since August 2022. Its balance sheet is separate from Silicon Valley Bank Financial Group, and it has an independent UK board of directors. The funds from customer deposits are managed in the UK. Interpretation of this information: The message states that the…
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Report: banking regulators regard digital assets as a threat to the security of banking and traditional financial industry
It is reported that according to a report of Standard&Poor’s Market Intelligence Company on February 14, the banking regulatory authority regards digital assets as a threat to the security of the banking industry and the broader traditional financial industry. Although the United States agencies have not yet issued formal rules, industry experts have informed S&P of global market intelligence, and the regulators have made a clear statement. Interpretation of this information: The recent report by Standard&Poor’s Market Intelligence Company indicates that digital assets are seen as a potential threat…
