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FSCS – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Sat, 11 Mar 2023 22:30:33 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png FSCS – DIGIT INFO https://www.digit.info 32 32 Bank of England Shuts Down Silicon Valley Bank’s UK Branch After US Regulators Close Parent Company https://www.digit.info/bank-of-england-shuts-down-silicon-valley-banks-uk-branch-after-us-regulators-close-parent-company/ Sat, 11 Mar 2023 22:30:33 +0000 https://www.digit.info/2023/03/11/bank-of-england-shuts-down-silicon-valley-banks-uk-branch-after-us-regulators-close-parent-company/ Read more]]> After U.S. regulators shut down Silicon Valley Bank (SVB) on Friday, the Bank of England has closed the company’s U.K.-based arm. The central bank explained that it intends to place the subsidiary into bank insolvency procedures. Fallout From SVB Failure Prompts BOE to Close U.K. Branch The ripple effect of the 16th largest bank in […]

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]]> ‘Nation should not compensate investors for crypto losses’ says UK’s Financial Conduct Authority CEO https://www.digit.info/nation-should-not-compensate-investors-for-crypto-losses-says-uks-financial-conduct-authority-ceo/ Wed, 08 Dec 2021 19:21:35 +0000 https://www.digit.info/2021/12/08/nation-should-not-compensate-investors-for-crypto-losses-says-uks-financial-conduct-authority-ceo/

UK’s top financial watchdog wants to bar investors from accessing government compensation in the event of crypto scams or not-at-fault financial loss.

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