3min chapter

Crypto Critics' Corner cover image

Cryptocurrency Banks Give Up

Crypto Critics' Corner

CHAPTER

Cryptocurrencies - What Banks Need to Be Aware Of

Metropolitan is in a different category than Silvergate and Signature because they've been reducing their crypto business. Metropolitan announced that they had ditched their last say several hundred million in deposits. That's not an exact number, but it was less than a billion. I'm pretty sure that they had left over this last quarter and that they were done with the business.

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