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The financial world has been in turmoil following the collapse of Silicon Valley Bank (SVB), one of the three major banks serving the crypto industry alongside Silvergate and Signature Bank.
This unprecedented event has affected not only the banking sector but also the crypto market, leading to significant changes in industry operations and government actions.
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In this article, we will discuss the implications of the SVB Bank collapse, its impact on the crypto market and the Federal Reserve’s delicate balancing act to maintain financial stability while combating inflation.
SVB Bank collapse and its impact on crypto
The SVB Bank collapse has sent shockwaves throughout the financial industry, particularly in the crypto space. Major crypto platforms, such as Coinbase and Binance,
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