Regulations put in place after the 2008 financial crisis are working, but they obviously didn't go far enough.
Good point about SVB. They were known to support lots of speculative ventures and risky start-ups. So, it's not Chase Bank, as you say.
At the time bank regulations were rewritten, crypto did not exist. Regulators have been remiss in dealing with the issue much earlier.
Good point about SVB. They were known to support lots of speculative ventures and risky start-ups. So, it's not Chase Bank, as you say.
At the time bank regulations were rewritten, crypto did not exist. Regulators have been remiss in dealing with the issue much earlier.