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ZEC $293.87 -1.29%

Zhao Changpeng: Bailouts will make banks lose the motivation for risk management

2023-03-13 08:06:47
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ChainCatcher news, March 13, Binance founder Zhao Changpeng tweeted that the joint rescue of bankrupt banks by U.S. regulators may put regulation in a dilemma. Because once a rescue occurs, banks will lose their motivation for risk management, which will indirectly encourage increasingly larger risks, leading to more rescues. (Source link)

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