The recent collapse of three high-profile banks – Silicon Valley Bank, Silvergate Bank and Signature Bank – has caused worrying outflows at hundreds of regional banks. Now, with the U.S. Federal Reserve creating a new backstop facility reportedly worth $2 trillion and Switzerland’s central bank bailing out Credit Suisse to the tune of $54 billion, the echoes of prior crisis in 2008 and 2013 are loud.Consensus Magazine, opinion, Opinion, Newsletters, Money Reimagined, Bitcoin, Cyprus, Bitcoin Price, 2008 financial crisis, Satoshi Nakamoto, banking, Silicon Valley, Silvergate Bank, Signature Bank, Credit Suisse, FDIC, Lehman brothers, Federal Reserve, Quantitative Easing, Elizabeth Warren, Stablecoin, USDC, Central Bank Digital CurrenciesRead More

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