Silvergate reviving the FUD: what consequences for the crypto industry
dcenter.substack.com
A new danger 🌩️ is looming over the crypto markets and even threatening to send the nascent crypto spring back into the cold temperatures. This danger’s name is Silvergate, and it is a crypto-friendly US bank that is going through difficult times. Its fate has become important for the crypto markets because it could shape future regulations ⚖️ for all banks working with crypto companies, and, knowing how crypto-sceptic most regulators still are, this could be troublesome for the entire crypto industry.
Silvergate reviving the FUD: what consequences for the crypto industry
Silvergate reviving the FUD: what…
Silvergate reviving the FUD: what consequences for the crypto industry
A new danger 🌩️ is looming over the crypto markets and even threatening to send the nascent crypto spring back into the cold temperatures. This danger’s name is Silvergate, and it is a crypto-friendly US bank that is going through difficult times. Its fate has become important for the crypto markets because it could shape future regulations ⚖️ for all banks working with crypto companies, and, knowing how crypto-sceptic most regulators still are, this could be troublesome for the entire crypto industry.