• Written by: (Blockchain News
  • Fri, 17 Mar 2023
  •   Hong Kong

Amid the ongoing U.S. banking crisis, CEO of ARK Invest, Cathie Wood, praised cryptocurrencies for acting as a safe haven. Wood criticized the Federal Reserve's inability to prevent bank runs and blamed their policy failure for the current banking crisis. Wood projected crypto as a solution to the central points of failure and regulatory mistakes in the traditional financial system. (Read More)

Cryptocurrencies Act as Safe Haven Amid U.S. Banking Crisis