Banking Crisis Won’t Kill Crypto-Banking Despite Short-Term Pain

Banking Crisis Won’t Kill Crypto-Banking Despite Short-Term Pain

Source Node: 2012488

Regardless of the final outcome, every bear cycle in crypto has experienced such conundrums, and came out stronger, Xu said. “Having been in this industry for as long as I have, this news doesn’t surprise me to the point where we have become numb to the effects. It is to be expected,” he said, adding that this won’t mean the end of crypto banking; rather, institutions that don’t adapt to new technology will be left behind.

Time Stamp:

More from CoinDesk