The post Regulators Launch Drastic Rescue Plan Post SVB’s Collapse, But Will It Be Enough? appeared first on Coinpedia Fintech News Depositors of Silicon Valley Bank (SVB) can breathe a sigh of relief as the Federal Deposit Insurance Corporation (FDIC) confirmed the successful transfer of deposits to a new bridge bank. The transfer was approved by banking regulators on Sunday and was made to protect the financial system from contagion. The new bridge bank, called Silicon …
