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BCH $258.54 -0.92%
LINK $12.72 -4.11%
HYPE $84.75 -3.47%
AAVE $131.71 -3.18%
SUI $0.8201 +0.47%
XLM $0.1921 +2.01%
ZEC $1,135.06 -6.74%

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

2023-03-13 08:06:47

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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