Blackrock Silently Preps For Dollar Crisis With Bitcoin | EP 1080
Simply Bitcoin
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Regulatory Impact on Crypto Banking
This chapter explores the downfall of Silvergate Bank, emphasizing the challenges posed by regulatory pressures from the Federal Reserve on banks serving the crypto industry. It reveals that the bank's collapse was not due to mismanagement but rather restrictive regulations aimed at curtailing digital asset-focused banks. The conversation critiques the political landscape affecting Bitcoin and calls for greater public awareness and education amid ongoing regulatory challenges.
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