Crypto in the crosshairs? US bank failures leave more questions than answers
Manage episode 358253603 series 3440675
Cointelegraph business editor Sam Bourgi and journalist Gareth Jenkinson break down the major talking points from the United States banking collapse fiasco, and discuss whether the cryptocurrency industry is being targeted by regulators nationwide. The collapse of Silicon Valley Bank and Signature Bank directly affected several prominent cryptocurrency companies, even causing Circle’s U.S. dollar-pegged stablecoin USDC to lose its peg for a couple of days.
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