The Truth About Your Future With Rick Edelman

Yesterday I said here on the podcast that federal banking regulators have been trying to kill crypto companies by denying them access to banks. The FDIC shut down Silvergate and Signature Banks and Silicon Valley Bank, all of which did a lot of business with crypto companies. And the regulators are trying to tell other banks not to do business with crypto companies. Their efforts so far are failing because crypto is a legitimate industry that's operating - for the most part anyway, legally and profitably.

Why wouldn't a bank want to do business with an industry like this? Just because you don't like crypto, what does that have to do with it? That's like saying you won't let tobacco companies or casinos or gun manufacturers have bank accounts just because you don't like what they do either.

-----

Links from today's show:

Money Market, Fidelity

Money Market, Invesco

Money Market, Schwab

Certificate in Blockchain and Digital Assets

Brought to you by:

Global X ETFs

Invesco QQQ

Schwab

-----

Subscribe to podcast updates

The Truth About Your Future website

The Truth About Crypto

Have a question for Ric?

Follow Ric on social media:

Facebook

Twitter

YouTube

Instagram

Disclosure page

-----