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Podcast: The Crypto Show
Episode: Crypto Banking Landscape Shifts Amid Regulatory Crackdown (Part 1/5)
Description: The collapse of major crypto banking players, Silvergate Capital Corp. and Signature Bank has resulted in a void in the industry and a shifting crypto banking landscape. This transformation is taking place amid increasing regulatory scrutiny of the crypto sector in the United States. To adapt to these regulations, US crypto firms are turning to smaller regional lenders, such as Customers Bancorp Inc., while Swiss and Asian banks are becoming more involved in the crypto banking sector, albeit with selectivity. The UK has seen companies resort to payment-service providers due to difficulties accessing banking services. As a result, the crypto...