Earlier from Kansas City Federal Reserve Bank President Jeffrey Schmid:

More now:

  • Silicon Valley Bank was a bit of a canary in a coal mine
  • Fed's Discount Window should be part of a bank's 'strategic stack' funding
  • it would be a mistake to consider cryptocurrency as a currency

If Crypto was a currency it might put the US dollar to shame with an upswing such as this (this is Bitcoin):

btc Federal Reserve schmid 2