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Transcripts For CNN CNN Newsroom 20240706

hello, everyone. welcome to cnn newsroom. and i m john berman. victor is off this froop. and we begin with president biden s dramatic overnight move to dparnguarantee the money is e bank. this comes after the failure of two banks. today the president announced regulators are taking them over, but unlike what was seen in 2008 the u.s. will cover only bank customers not bank investors. all customers who had deposits in these banks can rest assured that we protect it, and they ll have access to their money as of today. that includes small businesses across the country that bank there and need to make payroll, pay their bills and stay open for business. investors in the banks will not be protected. they knowingly took a risk, and when the risk didn t pay off, investors lose their money. that s how capitalism works. svb s small businesses are thankthal for president biden s decision. i am quite relieved from what i heard from president biden. i think the administration h

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Triple-A to integrate Paxos-issued PayPal USD into its payments solutions

PayPal USD has seen its market capitalisation more than double since its launch in August 2023, reflecting growing confidence

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Eric-barbier
Paxos-trust-company
Electronic-payments-international
Both-paypal
Asset-growth
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Kraken Insists It Will Keep USDT Listed in European Markets

Kraken Insists It Will Keep USDT Listed in European Markets
biztoc.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from biztoc.com Daily Mail and Mail on Sunday newspapers.

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Kraken Addresses Tether Delisting Rumors, Vows Compliance with EU Crypto Rules

Mark Greenberg emphasized that Kraken currently has no plans to stop supporting the Tether (USDT) stablecoin.

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Netherlands
Spain
United-kingdom
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Kraken denies plans to delist USDT in EU

Kraken denies plans to delist USDT in EU
biztoc.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from biztoc.com Daily Mail and Mail on Sunday newspapers.

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