White House orders review of regulations affecting crypto sector

Category: Finance

The 2023 decision by banking regulators to use a systemic risk exemption helped safeguard uninsured deposits after the failures of Silicon Valley Bank and Signature Bank, averting further instability in the U.S. banking system.

Keywords: banking regulation, systemic risk exemption, Silicon Valley Bank

Source: ABA Banking Journal

Update At: 1/24/2025

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