A Bank Run to Market Crash - FED Push to End Crypto - Transfer Power - SVB UK Sold for £1

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EU Merchants Could Be Required to Accept Digital Euro, Ministers Told
Governments from the euro currency bloc are due to discuss strategic objectives for the CBDC later Monday.
CoinDeskJack Schickler
US Regional Banks Remain Under Pressure as First Republic Sinks
(Bloomberg) -- The turmoil that’s engulfed bank stocks deepened Monday as investors rushed to reduce exposure to the industry, triggering a cascade of trading halts as multiple lenders suffered record drops.Most Read from BloombergBonds Rocket, Stocks Steady as Fed Rate Path Eyed: Markets WrapCredit…
Yahoo FinanceAllegra Catelli, Jan-Patrick Barnert and Bre Bradham
HSBC pays £1 to rescue UK arm of Silicon Valley Bank after all-night talks
British Finance Minister Jeremy Hunt on Sunday said that the government and Bank of England sought to “avoid or minimize” damage from the U.K. branch of SVB.
CNBCElliot Smith
US banks have over $1 trillion of uninsured deposits. Signature ranks high.
The US government shut another financial institution on Sunday. This time it was Signature Bank, which had 90% of its deposits uninsured by the FDIC.
InsiderAlistair Barr
FDIC Planning to Try Auctioning Silicon Valley Bank Again: WSJ
The designation of SVB’s failure as a potential systemic threat gives the FDIC more options to sell the bank.
CoinDeskNelson Wang
Barney Frank: Regulators shuttered Signature Bank to show ‘crypto is toxic’
Former congressman Barney Frank, a member of the Signature Bank board, says regulators closed the bank to send a message about cryptocurrency.
The BlockStephanie Murray

Ripple Strikes Back – SEC WARS – T-shirt

The SEC dropped a lawsuit at the end of 2020 alleging that Ripple sold XRP as an unregistered security. Ripple Strikes Back. Game on Bitchez.

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India’s Crypto Industry Finally Sees Lawmakers Engaging
The event managed to bring senior leaders from India’s ruling party and the opposition benches.
CoinDeskAmitoj Singh
UK Bank NatWest Limits Daily Crypto Payments to $1,200
Customers will be limited to payments of 1,000 pounds ($1,218) per day and 5,000 pounds ($6,090) over a 30-day period.
CoinDeskJamie Crawley
Top economist Mohamed El-Erian says unlimited deposit guarantee will be hard to reverse after SVB fallout: ‘We are now in a different world’
The economist also said that the Fed will likely now “retreat” on interest rate hikes.
Yahoo FinancePrarthana Prakash
Investor who called Lehman collapse predicts the next big US bank failure
“The problem is the bond market, and my prediction, I called Lehman Brothers years ago, and I think the next bank to go is Credit Suisse.”
New York PostBack to Reading