Banking Reforms in the United States

Due to the failure of the silicon valley bank S.V.B. and the F.T.X. platform, the U.S. government is setting increasingly vigilant standards to monitor banks.

The banking system worldwide is in turmoil, and states are scrambling to save their financial stability from inevitable crises.

According to industry experts, the failure of the S.V.B. in the United States is due mainly to mismanagement, which could have been avoided if thorough supervision had been installed in advance.

According to international newspapers, the American president and his government have developed measures to strengthen banking supervision. The American banks will now be subject to regulations to organize their continuous monitoring and will be constantly tested to measure their resistance to financial shocks.

According to the U.S. government, these measures will strengthen the stability of the financial markets and the soundness of banks and avoid financial crises that affect the financial world like the one in 2008 and weaken the social world.

The United States intends to extend these surveillance measures to companies in the crypto-asset sector because of the lack of state control over the exchanges on the blockchain without the states being informed and to protect the financial system from financial crime.

And also because U.S. regulations have yet to be followed by some crypto-currency companies. Thus an official said that the authority "will not tolerate voluntary avoidance of U.S. legislation."

Thus, the United States intends to reassure Americans and call them to trust their banking system and give a new impetus after the great earthquake that has experienced the financial world in recent days.

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