Bloomberg: A New Crypto Banking System Arises Under the Shadow of a Regulatory Crackdown

“Two months after the collapse of Silvergate Capital Corp. and Signature Bank, a new banking landscape for crypto companies is taking shape amid an expanding crackdown on the industry in the US.

As a result, crypto’s new banking system is more fragmented, less US-centric and, at times, less advertised. Bloomberg News spoke to more than a dozen of industry participants, including banks, digital-asset exchanges, trading firms, startups and consultants to compile a list of banks globally that are receptive to clients in the sector. ”

Bloomberg spoke to BCB Group along with other providers around the world who facilitate banking services for digital currency companies – read the full article here.