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Venture
fromFortune
1 day ago

SVB puts its $10 billion venture arm up for sale | Fortune

SVB Capital and SVB Securities are being evaluated for potential transactions after FDIC control of Silicon Valley Bank assets.
SVB Capital funds are separate legal entities, with investor commitments and portfolio investments not subject to the bank’s resolution process.
SVB Capital is continuing operations and its management team will lead the company, while limited partners receive mixed reactions and uncertainty.
Cryptocurrency
fromBitcoin Magazine
1 month ago

FDIC Advances Stablecoin Oversight Framework Under GENIUS Act With New Prudential Rule Proposal

FDIC has proposed a regulatory framework for stablecoin issuance under the GENIUS Act, enhancing federal oversight of digital assets.
Cryptocurrency
fromnews.bitcoin.com
1 month ago

FDIC Proposes GENIUS Act Rules for Bank Stablecoin Issuers: 1:1 Reserves and 2-Day Redemptions Required

The FDIC approved a rule for stablecoin issuers requiring 1:1 reserves and redemption within two business days, with a comment period ending before July 2026.
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