How to Start a Crypto Business

"I fear that we would have gone down the rabbit hole of a 2008 scenario meltdowns like we saw with Bear Stearns and Lehman Brothers," he says. Silvergate Bank is a bank in California that did an awful lot of its business with crypto companies. "A lot of banks have been reluctant to open accounts on behalf of small businesses in the crypto field because a lot of these banks are saying, we're not sure how stable these companies are."