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Crypto companies left stranded by banking partners

Published on: Wednesday 19 April 2023

In the wake of three major U.S. crypto-friendly lenders collapsing last month, crypto firms are finding themselves in a precarious position as they search for new banking partners. This situation is causing alarm among U.S. regulators, who are concerned about the potential risks associated with concentrating business in smaller financial institutions. Silvergate Capital Corp, Signature … Crypto companies left stranded by banking partners Read...

News source: https://www.msn.com/en-us/money/markets/crypto-companies-left-stranded-by-banking-partners/ar-AA1a47kL

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Crypto companies left stranded by banking partners