Does Crypto Have a Banking Problem?
Signature Bank is pulling back services to Binance and other major crypto firms.
January 23, 2023
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On today’s episode, NLW breaks down the latest news from the weekend, including:
- Signature Bank limiting services, and what it means for the industry as a whole
- U.S. government seizing $700 million of assets associated with Sam Bankman-Fried
- Genesis first-day bankruptcy hearing information
(Genesis and CoinDesk are both subsidiaries of Digital Currency Group.)
“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsor today is “Swoon” by Falls. Image credit: Craig Hastings/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.
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