EconomyDoes becoming a federal bank protect crypto from Washington—or give Washington more control?
Silvergate’s former CEO Alan Lane says the bank remained solvent and liquid after withdrawals of about 70% of its demand deposits, but political and regulatory pressure led to liquidation. As crypto firms seek federal trust-bank charters, the model may reduce deposit-run exposure while increasing reliance on custody compliance, federal supervision and partner banks.
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CryptoSlate★★☆☆☆2026-09-09 10:30Original
Does becoming a federal bank protect crypto from Washington—or give Washington more control?
Economy