Banks, VCs, Pension Funds Once Crypto-Friendly Steering Away From Crypto

Banks, investment firms, and pension funds are steering clear of crypto following the collapse of crypto exchange FTX, increased scrutiny & crackdown against crypto, and lack of regulatory clarity. The U.S. regulators including Federal Reserve, Treasury Dept, and FDIC closed three major crypto-friendly banks Silvergate Bank, Silicon Valley Bank, and Signature Bank to unbank the