Are you keeping up with those other two banks that both start with an “S” and failed the same week as Silicon Valley Bank? Silvergate Bank announced March 8 that it was shutting down of its own accord and regulators took over Signature Bank on Sunday. All three of these institutions were known for catering to a specific clientele. For SVB, it was tech startups. For Silvergate and Signature, it was cryptocurrency companies. So what does the collapse of two of the crypto-friendliest banks mean for that industry? Marketplace’s Meghan McCarty Carino talked about it with Laura Shin, a crypto journalist and host of the “Unchained” podcast.

What the bank failures mean for crypto

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