Crypto hasn’t yet caused a real-world economic meltdown, but regulators are right not to let this crisis go to waste.
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While the global effects of Silicon Valley Bank’s collapse are just emerging, one thing is clear: tech startups, no matter how far apart, are intertwined.
When the world’s second largest stablecoin got caught up in the collapse of a California bank late last week, it reprised a now-famous maxim.
Bitcoin jumped the most of almost a month after US authorities sought to stem concern about the health of the nation’s financial system.
The fallout from the failure of Silicon Valley Bank unhinged a key cog in the market that’s meant to be among the safest digital assets in the crypto space.