What is the Future of Crypto Banking ?
The FTX collapse didn’t bring problems only to crypto companies but also to traditional banking institutions. Two banks in the USA faced problems in terms of liquidity and one of them, Silvergate Capital, had to sell assets to manage their loan obligations.
Another third bank announced that their deposits in Voyager Digital, have no deposit insurance, so we might hear news from that side.
What will be the relationship between banks and cryptos from now on ?
The regulators believe that cryptos are posing a threat for the banking system so any actions that will be taken, will bring a crypto turn towards “legality”.
As many blockchain networks are expected to use for transferring payments, can have more potential in the future, giving more value to their stakeholders.