U.S. Crypto Firms Explore European Banking Partners Amid Financial Crisis

U.S. Crypto Firms Explore European Banking Partners Amid Financial Crisis


Bitcoinist
2023-03-13 23:30:53

The recent banking crisis in the U.S., which resulted in losing three crypto-friendly banks, Silvergate Capital, Silicon Valley Bank, and Signature Bank, has raised concerns among U.S.-based firms. Amidst the alarms of the wavering crisis, crypto firms seem to be exploring diversifying across international jurisdictions. In the short term, European banks seem the right choice