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Choke Point 2.0 & Stablecoin Adoption with Nic Carter | EP 61

Good Game

CHAPTER

The Fallout of Silvergate Bank

This chapter examines the collapse of Silvergate Bank in the wake of the FTX scandal, detailing how its cryptocurrency focus left it vulnerable to market turmoil and regulatory pressures. It explores the implications of targeted regulatory actions against crypto banks and the political motivations behind these decisions, drawing parallels to historical events. The discussion also assesses the evolving relationship between banks and the cryptocurrency sector, highlighting both hurdles and future opportunities for engagement.

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