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Crypto Companies Hurry to Find Banking Partners as Willing Lenders Decrease
source link: https://nextbigwhat.com/crypto-companies-hurry-to-find-banking-partners-as-willing-lenders-decrease/
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Crypto Companies Hurry to Find Banking Partners as Willing Lenders Decrease
- Mainstream banks have become more hesitant to work with crypto companies due to a series of collapses, including the bankruptcy of FTX in November 2020.
- There is a lack of regulation in the crypto industry.
- Crypto companies are now scrambling to find banking partners.
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