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Is Crypto Legislation Coming?

FedSoc Forums

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Crypto Has a Banking Problem, or Does Crypto Have a Bank?

The shadow banking system consists of anything that is not regulated by the Federal Reserve. A week ago, we had three major banks in the crypto industry. Today we have none. I don't see any insolvencies being declared by the Ethereum Foundation or Bitcoin Foundation. So, cynically, I have to say crypto has a banking problem, but we really need each other.

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