Does Crypto Have a Banking Problem?

Signature Bank is pulling back services to Binance and other major crypto firms.

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ABOUT

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.

HOSTS

Nathaniel Whittemore

NLW is an independent strategy and communications consultant for leading crypto companies as well as host of The Breakdown – the fastest-growing podcast in crypto. Whittemore has been a VC with Learn Capital, was on the founding team of Change.org, and founded a program design center at his alma mater Northwestern University that helped inspire the largest donation in the school’s history.