Raoul Pal: The Journey Man cover image

Raoul Pal: The Journey Man

The Crypto-Banking Crash: What Will Fill the Void?

Mar 6, 2023
52:32

Silvergate Capital, the U.S. crypto-friendly bank, is shutting down its payments network, used by institutional investors to quickly move capital from and to crypto exchanges. As doubts over Silvergate’s continued survival continue to grow, we ask how the industry will cope and could fill the void (apparently Kraken is raising its hand). Plus, the Wall Street Journal casts fresh doubts on Binance.US’s independence from its international partner, and questions business practices at companies behind stablecoin Tether.

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