US Bank collapse — Is crypto being targeted?

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Is the closure of SVB and Signature Bank a sign that crypto-friendly banks are facing trouble from U.S. regulators? Find out in the latest episode of Decentralize with Cointelegraph, where Sam Bourgi and Gareth Jenkinson discuss this topic.

. Meanwhile, a spokesperson from the FDIC has refuted claims that the future sale of Signature Bank would not require divestment of crypto activities.Cointelegraph business editor Sam Bourgi and journalist Gareth Jenkinson break down the major talking points from the U.S. banking collapse fiasco and discuss whether regulators are targeting the cryptocurrency industry nationwide.

The closure of major U.S. banks by regulatory institutions has been a significant talking point this week, with several high-profile cryptocurrency firms hamstrung by decisions taken in America.

 

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