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Small banks are going on a wild ride thanks to crypto
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When big banks steered clear of cryptocurrency companies, a handful of small lenders eagerly courted the booming businesses. Now, they are dealing with the bust.
Silvergate Capital, Signature Bank and Customers Bancorp have snapped up billions of dollars in deposits from crypto businesses — the exchanges, investment firms and stablecoin issuers that grew rapidly alongside the market for digital currencies.
The...
Read more on fnlondon.comAbout this in other media
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