AMB Crypto
2023-03-13 15:00:37

G20 nations were warned by IMF about incoming trouble for crypto-friendly banks

The IMF sent a report to G20 nations last month which laid out the implications of crypto adoption in emerging markets. The report warned that banks with exposure to crypto may lose deposits and cease their lending activities. The past week has been devastating for banks affiliated with businesses operating in the crypto space. Silvergate

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