Team

The collapse of Silicon Valley Bank has unleashed global concern over the health of the banking sector and triggered newfound worries about the strength of the tech industry. Regulators in the US have taken dramatic action to secure deposits in the bank. In the UK, HSBC has assumed control over the firm's UK unit in a rescue deal facilitated by the government.

The bankruptcy of major cryptocurrency exchange FTX marks a major moment in the ongoing drive to regulate digital assets within the United States, likely dwarfing the impact seen by the collapse of the Terra-Luna ecosystem earlier this year. The concurrent timing of the 2022 midterms blunted the initial reactions from Congress, but with contagion risks still possible and…

Joe Biden's Democratic Party overperformed expectations in the United States midterm elections, surprising Washington and European observers and plunging Donald Trump and the Republican Party into newfound turmoil. While Democrats are expected to narrowly lose the House, it was the most robust midterm performance for a Democratic incumbent in forty years. The weakened…

Last week’s price collapse of algorithmic stablecoin Terra has highlighted regulatory concerns surrounding stablecoins as U.S. policymakers have continued to examine potential policy frameworks for the growing asset class. As of this writing, Terra continues to trade well below its $1 target peg while sister token Luna has also plummeted in value, catalysed by a downdraft…