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According to a March 18 Bloomberg report, the Mid-Size Bank Coalition of America (MBCA) has asked regulators to extend insurance on all deposits for the next two years, arguing that it would “immediately halt the exodus” of deposits from smaller banks. ....
In a Mar. 3 Bloomberg interview, Ripple’s CEO Brad Garlinghouse suggested that the United States Securities and Exchange Commission regulation through “enforcement” as opposed to “doing the work,” is not a “healthy way” to regulate an industry. ....