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Breaking Down SVB, Silvergate, Signature Bank and Their Impact On Crypto w/ Axios Finance Reporter, Felix Salmon l Overpriced JPEGs #144

The Carly P Reilly Show

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Do You Think Signature Bank Will Fail?

If Signature Bank is acquired, so a lot of or some number of crypto firms that were banking with Silvergate including Coinbase for example, switched to Signature Bank. If and when Signature Bank is bought, I can pretty much guarantee you that the buyer is going to tell whatever crypto customers we still have that they are not welcome anymore. So yeah, the crypto industry has a real problem that it doesn't have any ability to open a bank account in America anymore.

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