|Day's range||0.6300 - 0.6300|
U.S policymakers seem to be doing their best to suffocate dollar on-ramps into crypto, leaving the door open for other mature markets to gain a competitive edge.
(Bloomberg) -- Just over a year before Silicon Valley Bank’s collapse threatened a generation of technology startups and their backers, the Federal Reserve Bank of San Francisco appointed a more senior team of examiners to assess the firm. They started calling out problem after problem.Most Read from BloombergWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Crisis Nears Finale as UBS Discussions Heat UpTrump Calls for Protests Over Expected Arrest on NY ChargesMidsize US
Biden calls on Congress to offer regulators more latitude in clawing back executive compensation from the leadership of failed banks.