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Economy

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mahatmakanejeeves

(62,120 posts)
Sat Jan 21, 2023, 01:07 PM Jan 2023

Crypto Banks Borrow Billions From Home-Loan Banks to Plug Shortfalls [View all]

David Weigel Retweeted

Two of the biggest banks to crypto companies are borrowing billions from a system designed to support mortgage lending

wsj.com
Crypto Banks Borrow Billions From Home-Loan Banks to Plug Shortfalls
Signature Bank and Silvergate Capital, after a surge in customer withdrawals, have turned to a system originally designed to support


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