Date: 2023-03-13T18:53:18Z Creator: Bitfolio Academy
On Sunday, regulators announced that a third major crypto bank has failed. Regulators announced the failure of signature Bank. This is the third crypto-linked bank that is failed in this past week. And this bank failure leaves crypto exchanges like Coinbase, Binance US and kraken scrambling to find bank partners to service ACH and wire transfers for their customers. If you’re needing to withdraw funds from your crypto exchange to your bank account you might have a problem. Deposits could also be affected.
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I help people invest in digital assets without undue risks or long-term time horizons, but I am not a registered investment advisor, nor a financial advisor. All of my videos are strictly my personal opinion and are not financial advice. Do your own research.
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