Crypto collapse: Crypto.com’s shadow bank Transactive, US banks and crypto, Binance not so good with actual money
by Amy Castor and David Gerard
In this episode:
* Euros on Crypto.com have been frozen, because their EUR payment processor Transactive has fallen afoul of the Bank of Lithuania. Who are Transactive?
* The Federal Reserve loathes the idea of banks touching crypto, and Silvergate is absolutely not to even consider starting up Diem again.
* Binance is having a few issues with actual-money payments too.
