Berkshire Hathaway Inc's Warren Buffett has held discussions with senior Biden adminstration officials about the banking crisis, a source familiar with the matter told Reuters on Saturday.
The White House and U.S. Treasury declined to comment. Bloomberg News reported earlier that Buffett had been in touch with administration officials in recent days about the regional banking crisis, Bloomberg News reported on Saturday.
The source declined to elaborate on the details of the discussions.
The collapse of Silicon Valley Bank and Signature Bank this month has shaken confidence in the banking system and prompted a sell-off in banking stocks.
Oobit secured $25M in Series A funding to expand its crypto payment app globally, enabling transactions at over 100 million retailers, aiming for mainstream cryptocurrency adoption.
MiyukiWalmart and VeChain's collaboration achieved over 200 million transactions, showcasing blockchain's potential in revolutionising retail sustainability. This milestone underscores the importance of transparency and accountability in the food industry's journey towards a safer, more ethical future.
JoyBitsonic executives were sentenced for stealing $7.5 million, highlighting the need for stricter crypto market regulation and investor vigilance.
AlexPandora Token's price has skyrocketed to $8,780, driven by the implementation of the innovative ERC404 standard, promising enhanced functionalities. Investors are closely monitoring the rapid fluctuations, with one trader turning a $97,484 investment into a staggering $1.2 million within just two days.
JoyB2C2 acquires a virtual asset registration in Luxembourg, expanding its European footprint alongside giants like PayPal, preparing for MiCA regulation, and led by finance veteran Denzel Walters.
BrianExploring the SEC's review of Ethereum ETFs, their market impact, regulatory hurdles, and the anticipation shaping the future of digital asset investments.
MiyukiHKGCC proposes yuan-linked stablecoins and a Virtual Asset Connect Scheme to integrate digital currencies, enhancing Hong Kong's financial landscape and global business appeal.
AlexSolana Mobile's 'Chapter 2' smartphone garners over 60,000 preorders, signalling strong community support. Priced at $450, it aims to democratise access to crypto, poised to revolutionise the industry.
JoyBlackRock and Fidelity's Bitcoin ETFs dominate the U.S. market, showcasing rapid growth, investor confidence, and shifting preferences towards cryptocurrency investments.
BrianDAXA reported OKX to South Korean authorities for operating without registration, highlighting the clash between global crypto exchanges and local regulatory requirements.
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