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Learning & News => News related to Crypto => Topic started by: newshunter on March 19, 2023, 01:00:39 PM

Title: Did regulators intentionally cause a run on banks?
Post by: newshunter on March 19, 2023, 01:00:39 PM

Did regulators intentionally cause a run on banks?

Silicon Valley Bank and Silvergate Bank were crucial to many in the cryptocurrency industry, and it’s fueling theories that regulators encouraged their downfall.

Source: Did regulators intentionally cause a run on banks? (https://cointelegraph.com/news/do-bank-failures-amount-to-intentional-regulatory-demolition)

Would appreciate your opinion about this

Title: Re: Did regulators intentionally cause a run on banks?
Post by: OpenCEX on March 19, 2023, 08:33:58 PM

Some regulators may have forced these banks to close. But this wasn’t done to put pressure on the cryptocurrency market. 2-3 banks won’t have a strong impact, especially not for a long time.