Complex Systems with Patrick McKenzie (patio11) cover image

You can’t retract the facts

Complex Systems with Patrick McKenzie (patio11)

00:00

Navigating Crypto Debanking Challenges

This chapter examines the difficulties a crypto company faces in building banking relationships, including the abrupt closure of accounts and the stigma of being labeled a high-risk client. It critiques the regulatory pressures prompting banks to distance themselves from cryptocurrency services while emphasizing the need for a nuanced understanding of debanking's implications. Additionally, it explores the intricacies of custodial banks, using Anchorage Digital as a case study to highlight operational challenges and compliance issues in the crypto sector.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app