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BitcoinGuide.com       South Africa: Crypto asset advertisements now regulated       Renewed Majlis Call for Reforming Crypto Rules       FASB Crypto Proposal Coming By end of March amid Small Sector Rebound from Lows       Crypto sleuth tricks MMA fighter into promoting scam NFT project       Selling Trump Isn’t What It Used to Be       Crypto Meets AI: The Intersection of ChatGPT and Cryptocurrency       Cryptocurrency Exchange Kraken Shuts Down Middle Eastern Operations       WATCH: FBI warns of cryptocurrency scams       North Bay bitcoin operation dispute heads to court       Top Trader Updates Outlook on Ethereum Rivals Cardano and Fantom, Says Bitcoin Must …       Mastercard NFT lead mints his resignation letter as an NFT       Crypto sleuth tricks MMA fighter into promoting scam NFT project       Doritos Launches Metaverse Experience with Free NFT Giveaways       3D Factory To Release Collections After Successful Super Cup Launch       Should You Invest In Artificial Liquid Intelligence? 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Crypto firms acted like banks, then collapsed like dominoes

Crypto firms acted like banks, then collapsed like dominoes | Investment Executive

This subset of the industry grew as cryptocurrency enthusiasts were looking to build their own parallel world in finance untethered to traditional banking and government-issued currencies. But lacking safeguards, and without a government backstop, these companies failed in domino-like fashion. What started with one crypto company collapsing in May spilled over onto one crypto-lending firm and then the next.








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