How Bitcoin is benefiting from the banking crisis

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The crypto winter that battered Bitcoin prices appears to be thawing as the U.S. banking crisis roils investors and calls into question the Federal Reserve's rate hike strategy.

and when it seemed like the banking regulators were blaming crypto for what's going on right now — which is not the case at all at — we actually thought, ‘Nope, we think crypto assets could be a beneficiary, a flight to safety,'" she explained.

"And we also see, in the case of Coinbase, it is, despite what a lot of people think, it is trying to be as regulatory compliant as possible with this new asset class, while, at the same time, educating regulators on what this new asset class is all about." Markets

 

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