First Republic Closure Contradicts Anti-crypto Narrative

A fourth major US bank failed Thursday, and regulators are going to have a hard time passing this one off as a crypto problem. Long-troubled First Republic Bank officially collapsed Monday when regulators took possession of assets and accepted a bid from JPMorgan to take over the reins. It’s the…

#firstrepublicbank #jpmorgan #silvergatebank #siliconvalleybank #signaturebank #firstrepublic #silvergate #fdic #signature #nysdfs