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Silicon Valley Bank collapse
source link: https://fintechranking.com/2023/03/12/silicon-valley-bank-collapse/
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Silicon Valley Bank collapse
The sudden collapse of Silicon Valley Bank (SVB) has quickly unfolded over the course of three days, depegging stablecoins, leading regulators in the United States and the United Kingdom to prepare emergency plans and raising fears among small businesses, venture capitalists and other depositors with funds stuck at the California tech bank.
Cointelegraph’s team compiled a roundup of the latest and major developments surrounding the troubled bank.
Read more: Cointelegraph
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