Cryptocurrency Banks Give Up Crypto Critics' Corner

Cas Piancey and Bennett Tomlin discuss Silvergate, Signature, Metropolitan, and other cryptocurrency banks in light of their massive deposit outflows and increasing regulatory issues.

American Banker Post about Silvergate using Home Loan bank advances: https://www.americanbanker.com/news/silvergate-bank-loaded-up-on-4-3-billion-in-fhlb-advances

OCC, Federal Reserve, and FDIC statement on risks to crypto banks: https://www.fdic.gov/news/press-releases/2023/pr23002a.pdf



This video was recorded on January 12th, 2022.