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JUST IN: PacWest Bankcorp $PACW sinks 54% in after-hours following news the bank is exploring a sale.

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JUST IN: 馃嚭馃嚫 FED Chair Jerome Powell says banking system is sound, resilient.

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BREAKING: 馃嚭馃嚫 Federal Reserve raises interest rates by 25bps.

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JUST IN: 馃嚭馃嚫 White House proposes 30% tax on electricity used for Bitcoin and crypto mining.

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JUST IN: 馃嚭馃嚫 Democratic congresswoman Lois Frankel sold First Republic $FRC stock and bought JPMorgan just before bank sale, CNN reports.

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JUST IN: 馃嚭馃嚫 US presidential candidate RFK Jr. says the "banking collapse is the tip of an economic mega-crisis."

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JUST IN: Bernie Sanders says income over $1 billion should be taxed at 100%.

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JUST IN: 馃嚭馃嚫 Florida governor vows to ban CBDCs in the state and says the government doesn't like crypto because it can't be controlled.

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JUST IN: 馃嚭馃嚫 US Representatives AOC & Matt Gaetz introduce bipartisan bill to ban Congress members from trading and owning stocks.

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JUST IN: PacWest Bancorp $PACW stock trading halted, citing volatility, after sinking 30% today.

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JUST IN: Coinbase launches international crypto exchange.

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JUST IN: 馃嚙馃嚪 Revolut launches crypto investment and foreign exchange services in Brazil.

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JUST IN: 馃嚭馃嚫 President Biden says "we are well on the way to stabilizing the banking system."

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JUST IN: 馃嚫馃嚲 Syria calls to abandon the US dollar for global transactions and adopt Chinese Yuan.

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JUST IN: JPMorgan to acquire First Republic Bank $FRC.

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JUST IN: Jim Cramer says the collapse of First Republic Bank $FRC could mark the end of the banking crisis.

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JUST IN: 馃嚭馃嚫 US Government prepares immediate takeover of First Republic Bank $FRC, Reuters reports.

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JUST IN: Mastercard partners with Polygon, Solana, Ava and others to launch Crypto Credential system.

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JUST IN: First Republic Bank $FRC falls another 37% amidst rumors of a government takeover.

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JUST IN: Mastercard to expand crypto card program by seeking more partnerships with crypto exchanges.

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