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Senator Warns: Crypto Threatens Banking Collapse — SVB Was Just “The Preview”
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TL;DR:
Senator Richard Blumenthal says the collapse of Silicon Valley Bank was “the preview” of how crypto-linked volatility can threaten the banking system and warns Congress against cementing crypto deeper into finance. The post Senator Warns: Crypto Threatens Banking Collapse — SVB Was Just “The Preview...
Key Points:
Background:
Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.
Why It Matters:
This development could influence LINK price action and market sentiment in the near term.