‘Nobody left to bank crypto companies’ — Crypto Twitter Reacts
With the loss of two large crypto-friendly banks in a week, some in the crypto industry say crypto enterprises may have trouble finding.
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Stablecoin Issuers Seek to Diversify Banking Partners in the Wake of Silicon Valley Bank’s Meltdown
Today’s bankruptcy of California’s Silicon Valley Bank removes one lending partner from the cryptocurrency industry, increasing pressure on stablecoin producer Circle to expand.
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U.S. Lawmakers Say SEC Directive May Bring “Greater Risk of Loss”
Senator Cynthia Lummis and Congressman Patrick McHenry said that SEC accounting guideline “places client money at greater risk of loss if a custodian.