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Regulatory Tensions: Banking and Cryptocurrency Intersect
This chapter analyzes the fraught relationship between banking regulatory agencies and the cryptocurrency sector, specifically addressing the fallout from actions taken against banks like Silvergate and Signature. It explores the broader implications of these actions, including the rise of Central Bank Digital Currencies (CBDCs) and the responses of major banking players amid regulatory pressures. Additionally, the chapter discusses the potential future of decentralized banking systems and the impact of recent initiatives, particularly in Florida, against the backdrop of evolving monetary policies.