Crypto Banking Challenges
The conversation delves into the outdated banking infrastructure that struggles to keep pace with the 24/7 nature of crypto markets. Significant declines in deposits have led to increased political scrutiny, particularly following the fallout from the FTX collapse. A recent memo from federal banking regulators raises concerns about the safety of serving crypto clients, effectively discouraging banks from engaging with the industry.In this clip
From this podcast
The James Altucher Show
Banks, Crypto, China: Do We Need to Be Afraid? | Omid Malekan & Cal Fussman
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