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Tag: backstop

What Makes a Blue-Chip Stablecoin? – Decrypt

With the non-profit stablecoin rating agency Bluechip off to the races, so too are concerns around how legit its rankings are.After all, how has BUSD, a stablecoin that...

U.S. Senate Bill Calls for Strict KYC and AML Regulations for DeFi

If nobody controls a DeFi service, anyone who invests more than $25 million in developing the project will be responsible for these obligations,...

Bullish US stocks and bearish JPY at risk of pain trade in H2 – MarketPulse

Significant up move in G-20 2-year sovereign bond yields except for Japan & China. US 2-year Treasury yield may eye the next immediate resistance...

Crypto Attack of the Titans

While crypto smoulders, some of the world’s biggest asset managers make their move.You have to hand it to the bear market: it has a...

Switzerland Gives $10B Loss Guarantee to UBS for Credit Suisse Takeover

The Swiss government has sealed a deal with UBS to cover up to CHF 9 billion ($10 billion) in losses that might be incurred by the...

The Case for a Federal Cyber-Insurance Backstop

The uptick and evolving nature of cyberattacks — and the economic challenges they pose — have sparked much-needed conversations about the benefits of cyber...

Aave (AAVE) Review: Is This DeFi Protocol the Future of Finance?

Decentralized finance (DeFi) promises a future with greater financial inclusivity, total transparency, and accessibility for users. Aave, a DeFi protocol built on the Ethereum...

Switzerland Hastens Bank Liquidity Project after Credit Suisse Fiasco

The Swiss Federal Council on Thursday started consultation on its planned public liquidity backstop (PLB) for systemically important banks (SIBs), shortening the industry engagement period to June...

Credit Default Swaps on US Debt Spike Beyond 2008 Levels

The cost to secure against a government default on the $31.4 trillion debt has spiked 10x in the past six months. March in particular...

Is a Government Backstop the Only Solution?

Over the past two months, a number of banks and financial institutions have collapsed worldwide – SVB, Signature, and Credit Suisse, to name a...

Calling BS On Banks Privatize Profits And Socialize Losses (Ketharaman Swaminathan)

I first heard the meme "Banks privatize profits and socialize losses" soon after some banks were bailed out during the Great Financial Crisis of...

Bitcoin To ‘Take Another Leg Up’ As Trillions Could Potentially Go Into Saving First Republic Bank: Arthur Hayes

BitMEX co-founder and crypto veteran Arthur Hayes is predicting Bitcoin (BTC) is going to rally on the latest US banking troubles. Hayes tells his 376,200...

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