Crypto-Friendly Banks

According to reports, Zhu Su, the co founder of Sanjian Capital, posted on social media that he had extensive business dealings with two banks, Silvergate and Signature, which are excellent and customer oriented crypto friendly banks. Unfortunately, the macro environment shows weaknesses in its underlying business model. Zhu Su: I have had a lot of business dealings with two banks, Silvergate and Signature Analysis based on this information:Zhu Su, the co-founder of Sanjian Capital, recently posted on social media that he had extensive business dealings with two banks, Silvergate and Signature. According to him, the banks are excellent and customer oriented crypto-friendly banks. However, he also notes that the underlying business model of these banks has been showing weaknesses in the macro environment. Sanjian Capital is a Singapore-based investment firm that is focused on investing in blockchain technology and digital assets. It has been actively participating in the crypto industry for years, and it is no surprise that Zhu Su…

It is reported that according to the tweet of David Bailey, CEO of Bitcoin Magazine, forwarded by Andrew, the founder of X3, who is marked by Crypto KOL and Twitter, the Federal Deposit Insurance Corporation (FDIC) of the United States may take over First Republic Bank on March 13 (next Monday). If it is true, it will be the third cryptofriendly bank facing difficulties in the near future. CEO of Bitcoin Magazine: US FDIC may take over First Republic Bank on Monday Analysis based on this information:The Federal Deposit Insurance Corporation (FDIC) of the United States may take over First Republic Bank on March 13, according to a tweet by David Bailey, CEO of Bitcoin Magazine, forwarded by Andrew, founder of X3 and marked by Crypto KOL and Twitter. This news should be a matter of concern for crypto enthusiasts and crypto-friendly banks that have been welcoming blockchain-based businesses and their need for banking services. If this report is true,…