Circle dan BlockFi mempertanyakan perbankan dengan SVB oleh Warren dan AOC
(Circle and BlockFi questioned on banking with SVB by Warren and AOC)
Published: 2023-04-12
1. Hubungan Perbankan antara Circle dan BlockFi dengan SVB Dipertanyakan oleh Warren dan AOC Senator Elizabeth Warren dan Perwakilan Alexandria Ocasio-Cortez telah menyuarakan keprihatinan tentang hubungan perbankan antara perusahaan cryptocurrency Circle dan BlockFi dengan Silicon Valley Bank (SVB). Kedua anggota parlemen mengirim surat ke bank meminta keterlibatannya dengan perusahaan mata uang digital, mengutip risiko yang terkait dengan cryptocurrency. Mereka menyatakan keprihatinan atas kurangnya pengawasan peraturan di industri crypto dan potensi risiko bagi konsumen.
2. Pengawasan Peraturan dalam Industri Cryptocurrency Warren dan Ocasio-Cortez menekankan perlunya pengawasan peraturan atas industri cryptocurrency. Mereka berpendapat bahwa kurangnya pengawasan semacam itu dapat menyebabkan peningkatan ketidakstabilan keuangan dan potensi bahaya bagi konsumen. Ini bukan pertama kalinya Warren menyatakan keprihatinan atas industri cryptocurrency. Dia sebelumnya mengkritik pertukaran cryptocurrency utama Coinbase karena meluncurkan program pinjaman, yang menurutnya adalah keamanan yang seharusnya tunduk pada peraturan SEC.
3. Baik Circle dan BlockFi telah menanggapi kekhawatiran yang diajukan oleh Warren dan Ocasio-Cortez. CEO Circle, Jeremy Allaire, membela hubungan perbankan perusahaan dengan SVB, menyatakan bahwa ia memiliki "pendekatan yang sangat konservatif" terhadap kepatuhan terhadap peraturan. Sementara itu, CEO BlockFi, Zac Prince, menekankan pentingnya kepatuhan terhadap peraturan dan berpendapat bahwa perusahaan telah tunduk pada standar yang sama dengan lembaga keuangan tradisional. Terlepas dari pushback, masih harus dilihat bagaimana regulator akan menanggapi kekhawatiran Warren dan Ocasio-Cortez atas industri cryptocurrency.. .
1. Banking Relationship between Circle and BlockFi with SVB Questioned by Warren and AOC Senator Elizabeth Warren and Representative Alexandria Ocasio-Cortez have raised concerns about the banking relationship between cryptocurrency companies Circle and BlockFi with Silicon Valley Bank (SVB). Both lawmakers sent letters to the bank asking for its involvement with the digital currency firms,citing the risks associated with cryptocurrencies. They expressed concerns over the lack of regulatory oversight in the crypto industry and the potential risks to consumers.
2. Regulatory Oversight in the Cryptocurrency Industry Warren and Ocasio-Cortez stressed the need for regulatory oversight over the cryptocurrency industry. They argued that the lack of such oversight could lead to increased financial instability and potential harm to consumers. This is not the first time Warren has expressed concerns over the cryptocurrency industry. She previously criticized major cryptocurrency exchange Coinbase for launching a lending program,which she argued was a security that should have been subject to SEC regulations.
3. Circle and BlockFi's Reaction Both Circle and BlockFi have responded to the concerns raised by Warren and Ocasio-Cortez. Circle's CEO,Jeremy Allaire,defended the company's banking relationship with SVB,stating that it had a "very conservative approach" to regulatory compliance. Meanwhile,BlockFi's CEO,Zac Prince,emphasized the importance of regulatory compliance and argued that the company had subject itself to the same standards as traditional financial institutions. Despite the pushback,it remains to be seen how regulators will respond to Warren and Ocasio-Cortez's concerns over the cryptocurrency industry.
Reference:
cointelegraph.com