Global crypto headlines of the week

Stock Point
Mar 13, 2023

Global crypto headlines of the week:

🛑US Treasury Secretary Janet Yellen stated that federal aid to Silicon Valley Bank is not currently planned.

🛑The federal government is exploring options to protect all uninsured deposits in SVB.

🛑Liquidity Group is planning emergency loans of $3 billion to assist startups affected by the collapse of SVB.

🛑Justin Sun has proposed creating a “reliable bank capable of meeting the needs of the entire crypto industry.”

🛑South Korea is launching a fund to accelerate domestic initiatives in developing metaverses.

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