3min chapter

Crypto Critics' Corner cover image

Silvergategate: The Collapse of Silvergate and the Future of Cryptocurrency Banking

Crypto Critics' Corner

CHAPTER

Are Cryptocurrency Exchanges Going Back to US Dollar Banking?

I think really the most interesting question that it comes down to is do enough new banks step in to fill the gap so that all these companies can have reliable banking. Do we go back to there being more stablecoin only exchanges? I'm interested to find out if like there's a level of allowing, allowing deposits domestically or something like that. If you guys agree to be surveilled, maybe the banks will be allowed to continue servicing you if you're an SEC so surveyed exchange registered and domiciled in the United States.

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