Silvergate's Future in Doubt, Polygon Releases Digital Identity Product
Mar 2, 2023
Market Update Traditional indices have continued their slide this week on fears of stickier inflation and higher for longer monetary policy. The $SPY is down 0.27%, and the $QQQ has fallen 0.56%, while the $DXY (+0.60%) hovers around $105, and US Treasury yields continue to rise. Crypto markets are following suit, with $BTC and $ETH dropping 1.43% and 2.47%, respectively. Binance’s custodial arm, Ceffu, is resuming its pursuit of a license in Singapore after withdrawing its application in 2021. Ceffu is expected to submit an application to the Monetary Authority of Singapore as soon as regi