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Why Caitlin Long and Meltem Demirors Are Worried About Crypto’s Future in the US - Ep. 470
Unchained
CoinDesk - Silvergate Voluntarily Repaid Its Federal Home Loan Bank
All three of the banks that failed Silvergate and Silicon Valley Bank, then Signature had huge borrowings at the federal home loan banks. Those are supposed to be there to support mortgage lending. And in fact, what happened is the banks used them as backup liquidity facilities for any type of bank run. This isn't mortgages. It was beyond the remit of the federalHome Loan Banks. So don't be surprised if I'm just speculating here based on what I, but based on informed speculation that they got pressure from their regulators to do just that.
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