By The Editorial Board. March 20, 2023. (Wall Street Journal) We never thought we’d write that headline. But on Sunday the Federal Deposit Insurance Corp. announced that New York Community Bancorp’s Flagstar Bank will assume all of Signature Bank’s cash deposits except for those of crypto companies. This confirms Mr. Frank’s suspicions—and ours—that Signature’s seizure was motivated […]

By Davis Quinton and Frank Chaparro. February 20, 2023. (The Block). SEC Commissioner Hester Peirce opposes her agency’s recent targeting of Kraken’s staking program in the US.  “If investor protection is about just shutting programs down or preventing people from purchasing certain things — that’s a very unimaginative form of investor protection,” Commissioner Peirce said. In this episode, Commissioner […]