Bank Regulators’ Contagion Fears Are Misdirected Toward Crypto

The recent collapses of Silvergate, Silicon Valley Bank, and Signature Bank highlight the contagion risk between the cryptocurrency industry and traditional banking that regulators have warned about.

But in these instances, the contagion flowed in the opposite direction anticipated by regulators—from traditional finance to the crypto industry.

Source: Bank Regulators’ Contagion Fears Are Misdirected Toward Crypto