CZ touts rules for securitization of digital assets in new tweet thread
CZ's early morning thoughts echo others in the crypto community who worry that exposure to traditional finance can also hurt the industry.
The service has been said to address the same issues as a potential CBDC — set to launch the FedNow payment system in July.
The Chinese billionaire's crypto scheme was also known as "Himalaya Coin."
The New York State Department of Financial Services said that its closure of Signature Bank was unrelated to the bank's crypto ties.
Two U.S. regulators have begun an early investigation into the failed Silicon Valley Bank, according to the WSJ.
The Mad Money host made the comment in response to whether recent distresses to traditional banks offer an investment case for Bitcoin.
Nic Carter said the U.S. banking crisis took us a step close to CBDC adoption — speculations continue to circulate.