![Crypto-Friendly Banks Collapse as Regulatory Pressure Mounts Crypto-Friendly Banks Collapse as Regulatory Pressure Mounts](https://s32659.pcdn.co/wp-content/uploads/2023/02/crypto-regulation-wherelegal.jpg.optimal.jpg)
As the crypto industry continues to grow, it has faced increasing scrutiny from regulators around the world. Recent months have seen the collapse of several high-profile crypto-friendly banks, including FTX, Celsius, and Silvergate….
![HSBC, Nationwide Banks Crack Down On Bitcoin And Crypto Access HSBC, Nationwide Banks Crack Down On Bitcoin And Crypto Access](http://bitcoinmagazine.com/.image/c_limit,cs_srgb,h_1200,q_auto:good,w_1200/MTkzMzUxMjcwOTg2MTY0MTMx/big-bank.png)
Two of the U.K.’s largest banks have imposed further restrictions on their customers’ ability to acquire cryptocurrencies. British banks have continued to crack down on their customers’ cryptocurrency purchases. According to a Bloomberg…
![Central banks and big tech can take cryptocurrency mainstream: Coinbase's UK CEO | Squawk Box Europe Central banks and big tech can take cryptocurrency mainstream: Coinbase's UK CEO | Squawk Box Europe](https://i.ytimg.com/vi/Oy-f9-6eNXA/hqdefault.jpg)
Central banks and big tech can take cryptocurrency mainstream: Coinbase's UK CEO | Squawk Box Europe
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![Fed Increases Focus on Crypto, Alerts Banks to Liquidity Risk Fed Increases Focus on Crypto, Alerts Banks to Liquidity Risk](https://img.decrypt.co/insecure/rs:fill:1024:512:1:0/plain/https://cdn.decrypt.co/wp-content/uploads/2021/11/federal-reserve-sunset-gID_1.png@png)
Continuing its increased scrutiny of the cryptocurrency industry, the U.S. Federal Reserve released a new statement on Thursday reminding banks of the risks inherent in dealing in cryptocurrency and related assets. “Certain sources…