Republic First Bank closed by US regulators crypto community reacts Cointelegraph

Image for article Republic First Bank closed by US regulators crypto community reacts Cointelegraph
News Source : Cointelegraph

News Summary

  • U
  • S
  • regulators have closed Philadelphia-based Republic First Bank, marking the nation’s first banking failure of 2024
  • It has sparked debate among the crypto community amid Bitcoin, Ether and several altcoins slightly faltering following the news
  • “How many more need to fail before people start to be their own bank?” commentator Randi Hipper asked her 87,100 X followers

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