Buying a bank won’t solve crypto’s debanking issue: Binance CE | DeCenter – Blockchain and Bitcoin

Buying a bank won’t solve crypto’s debanking issue: Binance CEO

Binance CEO Changpeng Zhao says the firm is unlikely to buy up any banking institutions, despite a growing worry of crypto companies being debanked, including Binance’s own operation in Australia.

The collapse of several United States banks this year has prompted concerns that the pool of crypto-friendly banks is shrinking. former key banking partners, Silvergate, Silicon Valley Bank, and Signature Bank have all capitulated this year.

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