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Bitcoin Isn’t Trading as a Currency but as a Speculative Asset: Morgan Stanley
The cryptocurrency isn’t isolated from the traditional banking system, and its price is supported by U.S. dollar liquidity, the report said.
UK Bank NatWest Limits Daily Crypto Payments to $1,200
Customers will be limited to payments of 1,000 pounds ($1,218) per day and 5,000 pounds ($6,090) over a 30-day period.
Bitcoin Was Built for This Moment
Amid a U.S. banking crisis, value is flowing into bitcoin. Is this the beginning of the “Great Reset?” investor and author Tatiana Koffman asks.
The Banking Crisis Is Not Crypto’s Fault
Crypto might have a banking problem, but banks don’t have a crypto problem.
Silicon Valley Bank Customers Can Fully Access Funds After FDIC Creates New Bridge Bank
Loans and other services will resume on normal schedule Monday following a switch to a new bridge bank, the regulator said
IMF Had Warned G-20 Widespread Crypto Use Would Impact Banks
"Finally, banks may lose deposits and have to curtail lending," the report made available to the G-20 in February said.
Signature Bank Stock Down 12% in Volatile Action as Sell-Off Continues
The broader banking sector is down another 4% on Friday.
Banks Shouldn’t ‘Punish’ Crypto Industry, Republican Senators Urge
A crackdown on digital-assets companies is reminiscent of a campaign targeting gun sales, Federal Reserve Chairman Jerome Powell was told.
Finance Headed Toward Bank-Free, Decentralized Future: Bernstein
Bank-free decentralized finance will be a trillion-dollar asset pool with over $40 billion in revenue by 2028, a report from the firm said.
