Skip to main content

Posts

Showing posts with the label SVBFinancialGroup

Bank Failures Were Not Caused by Blockchain: Mundane

Perianne Boring, Chamber of Digital Commerce founder, says Blockchain and crypto had nothing to do with the recent bank failures in the US. She's on "Bloomberg Crypto." -------- Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: Connect with us on... Twitter: Facebook: Instagram: ... ( read more ) LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing Despite its controversial reputation, blockchain technology cannot be blamed for causing the failures of some banks. In fact, the root causes of bank failures are often far more mundane and predictable, and can usually be traced back to operational, regulatory, or strategic issues. While blockchain technology has been hailed as a potential savior for the financial sector, it is important to remember that it is still a relat