financial issues

According to reports, Google trend data shows that interest in the US banking crisis has increased significantly over the past two weeks. Queries related to search terms such as “bank crisis”, “bank failure”, and “bank failure” have increased dramatically. On March 13, 2023, the search term “banking crisis” scored 100 points in Google Trends. Related topics cover the financial issues of Silicon Valley Bank, Signature Bank, and First Republic Bank. Google Trends has shown a surge in searches for words such as “bank crisis” and “bank run” over the past two weeks Analysis based on this information:According to recent reports, there has been a noticeable increase in people’s interest in the US banking crisis as reflected in Google Trends data. Searches related to terms such as “bank crisis,” “bank failure,” and “banking crisis” have all spiked over the past two weeks. On March 13, 2023, the search term “banking crisis” scored 100 points, indicating the highest level of interest among…

On March 19th, it was reported that Qian An did not mention financial issues in response to criticism from the United States Senate. On March 1, three senators from the Senate Banking Committee wrote to Coin On and Binance US, stating that Coin On and its related entities deliberately evaded regulatory authorities, transferred assets to criminals, and hid basic financial information from customers and the public. The three senators also requested information on the relationship between Coin Security and Binance US. They asked Qian An to respond before March 16th. In its response on March 16th, Coin On did not provide much information, but emphasized that Coin On and its US branches were independent entities. The response also pointed out that Coin Security has a core and supporting compliance staff team of approximately 750 people, including several former regulatory and law enforcement officials. (Bloomberg) In response to criticism from US senators, Qian An and its US branches are independent entities…