State California Financial News

28.04 / 21:47
regulation Banks Federal Reserve banking Silvergate Bankruptcy NYDFS Fed, NYDFS assess their supervisory performance after March’s big bank failures
Bank regulators in the United States have turned from introspection to confession after the high-profile bank failures in March. The New York Department of Financial Services (NYDFS) published its internal review of Signature Bank supervision on April 28, the same day the U.S. Federal Reserve Board released its review of the handling of Silicon Valley Bank (SVB).
27.04 / 16:59
FIVE Action Apple Discover Simulation Bitcoin Apple Will Remove The Bitcoin Whitepaper From Macbooks in The Next Update – Here's Why
A recent report revealed that Apple has removed the Bitcoin whitepaper from the latest Macbook, macOS Ventura 13.4 beta 3.
27.04 / 13:57
Blockchain Adoption wallet services California approves blockchain-based digital wallet for gov't services
The county of Santa Cruz in northern California is one of the latest to adopt and implement the usage of blockchain-based solutions on a governmental level. 
26.04 / 21:35
business tech startups Silicon Valley-based tech accelerator expands its digital asset vertical to France
Plug and Play Tech Center, an accelerator based in California’s Silicon Valley, will expand its crypto and digital assets vertical to France, the company announced April 25. 
26.04 / 05:49
business Apple White Paper Bitcoin Bitcoin white paper quietly removed by Apple from latest MacOS beta: Report
The world’s largest tech company Apple has quietly removed the Bitcoin (BTC) white paper from the latest beta version of its operating system upgrade.
26.04 / 02:53
business Law Adoption coinbase Apple Court Apple's outside payments ban upheld as unlawful in likely win for NFTs and crypto
A California court ruled Apple violated state competition laws by barring app developers from using alternative in-app payment methods apart from its own that included a 30% commission.
22.04 / 06:41
Law NFT Polkadot Gaming Metaverse Tezos Drop Nifty News: Yuga Labs scores court battle win, Mandala Metaverse to drop on Polkadot and more…
Bored Ape Yacht Club (BAYC) creators Yuga Labs has scored a key win in its long-running court battle with Ryder Ripps, the co-creator of copycat NFT project RR/BAYC.
21.04 / 16:01
CEO HSBC UBS SVB NOT 'Utterly irresponsible': SVB failure was caused by a banking — not tech — crisis, top VC says
LONDON — The collapse of Silicon Valley Bank was the result of a crisis in banking rather than technology, according to a top venture capitalist.
21.04 / 06:51
business European Union interview Michael Schumacher’s family to pursue legal action over AI interview
A German magazine has used artificial intelligence (AI) to simulate an interview with former Formula One driver Michael Schumacher and now his family said they’ll pursue legal action over the matter.
21.04 / 03:45
regulation Trading Scams Crypto firms alleged to have faked execs using AI and actors: Cali regulator
A number of firms claiming to offer artificial intelligence (AI) assisted crypto trading services have been hit with allegations of being “fraudulent investment schemes” by a California financial regulator, with two accused of using actors and AI to impersonate CEOs.
20.04 / 04:11
Law regulation FTX Silvergate Bankruptcy Signature Bank lawsuits Multiple Silvergate lawsuits over alleged FTX ties combined by judge
A California judge has combined three investor lawsuits against defunct crypto bank Silvergate Bank involving the bankrupt crypto exchange FTX.
19.04 / 10:03
FTX FTX US Fried Sam FTX Exchange's Revival Plan Attracts Potential Bid from Tribe Capital – Will Sam Bankman-Fried Be Involved?
An effort to revive collapsed crypto exchange FTX has drawn interest from Tribe Capital, a venture firm seeking to lead a $250 million fundraising campaign for the new platform. 
19.04 / 06:27
business Law NFT Altcoin Google Apple Court NFT app Rebase co-founder accused of going ‘rogue’ in suit by partner
The co-founder of the nonfungible token (NFT) project Rebase is facing a lawsuit from his apparent business partner accusing him of going “rogue” by stealing $2 million from a joint crypto wallet and ousting an apparent co-founder out of the firm.
14.04 / 11:07
businesses Millions Gain Access to 401(k)s as More Small Businesses Launch Plans
A relatively strong job market, new tax breaks and state mandates are leading more small businesses to offer employees a 401(k) plan.
11.04 / 13:31
business regulation SEC Digital Asset Cyber US SEC seeks to expand its Crypto Assets and Cyber Unit
Regulators in the United States have been piling on the pressure on the crypto space over the last year, even more so in light of the FTX demise and collapse of Silicon Valley Bank (SVB).
10.04 / 19:07
Digital Platform coinbase Bitcoin Backed Texas’ gold-backed digital currency project: Law Decoded, April 3–10
The topic of central bank digital currencies is in the crossfire of United States politicians, with figures like Ron DeSantis and Ted Cruz trying to prevent them from existing. But what about a statewide digital currency? The first of its kind, a gold-backed state-based digital currency project has appeared in Texas. 
10.04 / 12:15
Adoption Google data Bitcoin Trump Bitcoin tops Donald Trump, guns in America: Google Trends
Amid the growing discussions around Donald Trump, guns and other topics tied to politics and entertainment, Bitcoin (BTC) remains the most Googled term in the United States. 
06.04 / 19:39
Law Robinhood regulation Trading settlement US state regulators announce $10M settlement with Robinhood ‘for failing investors’
The California Department of Financial Protection and Innovation said that the company behind cryptocurrency and stock trading platform Robinhood will likely pay more than $10 million in penalties “for operational and technical failures that harmed main street investors.”
05.04 / 16:51
Blockchain UPS Ethereum ETH Digital Maxim Decentralized Social Media Blockchain Sparks Anti-Censorship Revolution as Restrict Act Looms
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