Here’s what crypto-firms are up to following the U.S Banking crisis

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Companies in search for new banking partners after collapse of three in less then a week Anchorage Digital announces layoffs amid uncertain regulatory environment The recent turmoil in the U.S. banking industry has left crypto-companies searching high and low for new partner banks. Last week, Silvergate Capital, Silicon Valley Bank, and Signature Bank all shut […]

all shut down following regulatory intervention. This forced many users to move their assets elsewhere.

he current regulatory environment in the U.S indicates it is not best suited for the growth of the crypto-space.on 15 March to slam U.S. regulators for the banking crisis. According to the exec, Ripple CEO Brad Garlinghouse recently suggested that the crypto-industry has “already started moving outside” of the U.S.

“Santander , HSBC , Deutsche Bank , BankProv, Bridge Bank, Mercury, Multis and Series Financial are still willing to connect with crypto firms.”

 

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