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bankrupt bank

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

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)
2023-03-13
Zhao Changpeng
Binance
bankrupt bank
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