JUST IN: 🇨🇭 Swiss President says it is impossible to regain confidence in Credit Suisse $CS.

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JUST IN: 🇺🇸 FED Chair Jerome Powell and Janet Yellen say US banks' capital and liquidity are strong.

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JUST IN: Several major banks announce coordinated action to increase US dollar liquidity provision in the global market through swap lines:

🇺🇸 US Federal Reserve
🇨🇦 Bank of Canada
🏴󠁧󠁢󠁥󠁮󠁧󠁿 Bank of England
🇯🇵 Bank of Japan
🇨🇭 Swiss National Bank
🇪🇺 European Central Bank

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JUST IN: 🇧🇪 Belgium to require all cryptocurrency ads to state: "the only guarantee in crypto is risk."

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JUST IN: Amazon $AMZN fires 9,000 employees.

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JUST IN: 🇺🇸 Florida Governor Ron DeSantis calls to ban central bank digital currencies (CBDC).

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JUST IN: 🇺🇸 White House says President Biden has confidence in FED Chair Jerome Powell.

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JUST IN: 🇺🇸 US explores measures to guarantee all bank deposits if crisis grows.

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JUST IN: Bitcoin Fear & Greed index reaches a 16-month high of 68.

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JUST IN: 🇺🇸 Texas introduces bill to protect rights of Bitcoin holders, miners, and developers.

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JUST IN: 🇸🇪 Sweden's largest pension fund sells all First Republic Bank $FRC shares at a $728 million loss.

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JUST IN: 🇺🇸 US Treasury Secretary Janet Yellen says the economy is "performing very well."

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JUST IN: 🇮🇩 Bank of Indonesia to transition away from Visa and Mastercard, introducing a new payment system.

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JUST IN: 🇺🇸 White House says crypto assets do not offer "any fundamental value, nor do they act as an effective alternative to fiat money."

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JUST IN: 🇺🇸 Texas Senator Ted Cruz introduces bill to ban the FED from adopting a central bank digital currency (CBDC).

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JUST IN: 🇷🇺 Russia to use Chinese yuan instead of US dollars to settle trade with Asia, Africa, and Latin America.

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BREAKING: 🇺🇸 Federal Reserve raises interest rates by 25bps.

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JUST IN: 🇺🇸 FED Chair Jerome Powell says "process of getting inflation down has a long way to go, it will be bumpy."

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JUST IN: 🇺🇸 FED Chair Jerome Powell says "the banking system is safe."

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JUST IN: 🇺🇸 Federal Reserve Chair Jerome Powell says FED officials "don't see rate cuts this year."

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JUST IN: 🇺🇸 SEC sues Tron founder Justin Sun, citing fraud and market manipulation.

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